Holden Beach Marina, NC
The Background and Challenge
Confidential Exclusive Offering
It enjoys a prime 7.91-acre location on North Carolina’s Intracoastal Waterway. The full-servicemarina’s 254 dry rack slips and 30 wet slips are consistently at full occupancy, owing to the property’sunencumbered access to the Atlantic Ocean. Additional profit centers include a diesel and gas fuel dock; shipsstore with bait, tackle and snacks; and service and repair. For the buyer, this was an ideal facility.
The Results
The Simply Marinas’ deep network of marina-focused buyer entities helped drive this transaction. Our teamrepresented both the seller and buyer, helping build consensus between the two parties during the extensive due diligence process and contract negotiations. As a common ally to the two parties, we helped achieve asuccessful closing
People are talking ...
The Simply Marinas team has been presenting marina offerings to me regularly. George Ash was diligent infielding my preliminary due diligence requests with the seller, facilitating my understanding of the deal so that Icould make a fair and informed offer. Simply Marinas brings a wealth of experience and integrity in this nichecommercial real estate space. I look forward to working with them again someday.