Confidential Arizona Marina and RV Park (Marina ID: SM157) is an absentee-owned facility with in-place management, wet & dry boat storage, an RV park, fuel sales, a convenience store, a boat rental fleet, and a full service restaurant. The offering has both already built-in upside, and slip expansion upside. The majority of the income is rental income from the slips and RV Park. The successful restaurant serves as an amenity.
The facility is operated under a long-term, renewable, Special Use Permit with the U.S. Forest Service (USFS). The marina currently has 258 floating wet slips, which can be expanded with an additional 242 slips, as the USFS permit allows for a total of 500 wet slips. The currently installed electric and underwater infrastructure is already adequate to support the full slip expansion. The facility includes a recently built full-service, waterfront restaurant, convenience store, and RV park.
To date, the business has enjoyed consistent year-over-year revenue growth. Customers are drawn from a nearby MSA that has been experiencing consistent population growth.