Owner Financing Possible
The Marina Offering Includes:
Approximately 8.77 Acres of Land
A Two Story, 7800 sq ft marina building (H-1 Zoning) boasting breathtaking lagoon views. The Marina Building houses a fully equipped restaurant & bar, a retail shop & cafe space, administrative offices, and a 1,800 sq ft two-bed/two-bath apartment (2nd Floor).
A five story, 20,133 sq ft climate controlled boathouse (C-2 Zoning) with gas pumps, capacity for approximately 240 boats, & a one-bedroom apartment upstairs.
110 wet slips, 48 jet ski slips with a three lane launch ramp situated on a lit, palm tree-lined boardwalk with gazebos, a sandy Beach, swimming & recreational areas, as well as berthing areas for water taxis & buses.
This REO marina is the only marina om the Colorado River in Laughlin, NV. The property is located just a couple miles south of 10 casinos with over 10,000 rooms.
“Laughlin Bay Marina was planned to be the largest project since the completion of Harrah’s in 1990 —It opened with great fanfare in 2003. In addition to the five-story boat storage facility. In 2007, the project developer received permission to proceed with the first phase of its residential project, which would eventually total 521 condominium units in 15 buildings.
Construction of the homes never began, and the developer after investing an estimated $34 million into the project turned over the nearly 30 acres of land and improvements back to the bank.”
(Also 20.81 +/- acre adjacent lot is available for additional $2.5mm, initially proposed for condominiums (and separate from this offering,); Ideal for RV park, hotel/condos, or adding enclosed dry boat storage; a lot of the utilities are in place. A 4,000 sq ft clubhouse and pool have been constructed on this lot at an original cost of in excess of $2,500,000; Total initial construction cost by prior owner was N of $20mm including the marina. This amazing property can easily be made into destination resort similar to the Pirates Cove Resort, but in a much better location only a couple miles from 10 casinos and across the river from Bullhead City, AZ).