Last $0.31 USD
Change Today 0.00 / 0.00%
Volume 3.4K
LLND On Other Exchanges
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OTC US
As of 8:10 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

2817 Crain Highway

Upper Marlboro, MD 20774

United States

Phone: 301-574-3330

Fax: 301-574-5383

Landmark Land Company, Inc. engages in the development and management of real estate and golf projects worldwide. The company also involves in the contract management of golf courses and golf-related real estate developments owned by third parties. The company holds equity interest in golf and real estate projects in South Padre, Barbados, Maryland, Spain, and Portugal projects. As of December 31, 2008, the company owned real property located in the South Padre Island Development, Laguna Vista of Texas, including 52 developed lots for sale; 16 residential units held for sale; 50 developed lots held for development; and 10 residential units leased to tenants. It also owned an 18-hole championship golf course with driving range, clubhouse, maintenance barn, and appurtenant improvements; a 9-hole executive golf course used primarily as a practice facility; and approximately 1,800 acres of property held for future development and/or construction. In Barbados, a subsidiary of the company owns a 33.33% interest in Apes Hill Development, SRL. In Maryland, the company acquired a 7.45% interest in Presidential which owns an 18-hole championship golf course on approximately 240 acres near Upper Marlboro, Maryland. The company also owns a 45% interest in a 128+ acre parcel near the town of Hana, island and county of Maui, state of Hawaii. As of December 31, 2008, the company had a management contract covering approximately 2,000 acres in the Towns of Pine Plains and Milan, Duchess County, New York, which includes an existing 18-hole golf course. Competition The company competes with Troon Golf.

 

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Price/Cash Flow 3.8x
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