A newly developed marina featuring 75 wet slips (68 of those feature in-slip boat lifts), offering modern infrastructure, and minimal near-term capital expenditure requirements, allowing investors to focus on operations rather than deferred maintenance.
Revenue is generated primarily through annual wet slip rentals, creating a straightforward and highly passive operating platform with limited operational complexity compared to traditional full-service marinas.
The property includes the ability to develop the uplands with a proposed idea of two ~2,100 SF townhomes and a 900 SF office/ship store building, providing future ownership with meaningful value-add and revenue enhancement opportunities.
Daniel Grovatt
Colliers
