Owning/managing indoor sports complex

[Chris Szepessy]

Little background. Both of my kids are big into sports and I also enjoy playing sports. We spend a lot of time at indoor facilities and while I'm there I always think how cool/fun it might be to own one. I'm just wondering if anyone has ever owned or managed one and what are the pros/cons of it. I'm not looking to make it into a full time business yet, mostly looking for a way to possibly run it part time and have something for personal use. Mostly renting it out to schools/leagues/teams or having birthday parties for now.  I would like to have soccer, basketball, and batting cages. Just one field for each for the time being. I was researching sports domes since they seem to be less expensive than brick and mortar buildings. What kind of costs can I be looking at other than the cost of land/buildings and taxes. Insurance estimates? This is all just a dream right now, so I know it's going to seem I'm probably over my head. 

[Ronald Rohde]

Probably 3-4 million total project cost in Texas, NY may be more. Its a full time business with completely different mechanics than passive multifamily.