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Marina for Sale: Confidential Kentucky Marina and RV Resort ID: SM37

Price: $5,700,000
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Overview

The offering is an established marina resort that includes an RV campground, gas dock, ships store, boat rentals, cabin and motel lodging, and a restaurant. This first-class acquisition opportunity sits on 102 acres under a long-term ground lease from the U.S. Army Corps of Engineers.

Highlights

The Marina – At near full occupancy

  • 206 wet boat slips (146 covered and 60 uncovered)
  • 25 PWC slips
  • There are seven floating docks, including the transient dock, all with encapsulated foam flotation
  • Dry storage for 70 boats

RV Park and Lodging

  • 17 RV sites with 50/30/20 electric and water; permit in progress to add 37 RV pads
  • 1,148-SF single-family residence furnished with good interiors
  • Two-level, two-unit log cabin. Each unit has two bedrooms
  • Two motel buildings with a total of 8 one-story units
  • 920 SF Apartment (includes the laundry area)

Full Service Facility

  • Above ground fuel tanks
  • Service department operated by the owners
  • Active boat rentals
  • 3,200-SF restaurant that the owners operate

Amenities

  • The resort is rich with amenities and includes wireless Internet, ship store, private pool, complimentary pump-out services, private beach and picnic, playground, boat rentals and fishing
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The Opportunity

Lodging - According to seller, there is room to expand lodging up to 20 condos

RV Pads  - 20-50 sites can be added. Current application in progress

Slips - There is room for 60-70 slips of various sizes in the beach bay area. These would be predominantly 24’-40’ slips

All expansion, except of the slips, is all above the 365 line (at top of the damn- does not flood), and is subject to approval by the Army Corps.

For More Information

Michelle Ash
Principal
(305) 439-9581
George Ash
National Director
(352) 262-5784