Marina for Sale: Confidential Midwest Lakefront Resort Portfolio Offering ID: MO17
Overview
This is a rare opportunity to acquire a class-A, lakefront marina resort portfolio. Confidential Midwest Lakefront Resort Portfolio - Offering ID: MO17 comprises three of the region’s premier lakefront recreation destinations. A majority of the portfolio's revenue is derived from food and beverage sales. All improvements are high-end and in excellent condition, with most improvements newly built in the past three years. In addition to the RV resort, the three restaurant and bar concepts are among the busiest, most sought-after destinations in the state. The entire portfolio is located within the same general area, allowing for economy of scale and consolidation of management.
Ownership is constantly building and improving on the business’s success, with an eye towards the future, as evidenced by consistent year-over-year revenue growth. The newly constructed RV resort has just started to hit its stride and will bring built-in revenue growth upside for a prospective buyer, without the need for additional Capex.
This rare acquisition opportunity offers tremendous upside potential. The bustling energy and scale of these properties must be seen to be believed.
Broker of Record: Gray Meadow Real Estate Services, LLC
gmresllc@gmail.com
310 Jones Ave, Greenville, SC, 29506
phone: (239) 872-1220
in association with
Cooperating Broker: Simply Marinas
4000 Ponce De Leon Blvd, Suite 479, Coral Gables, FL 33146
George.Ash@SimplyMarinas.com
phone: (352) 262-5784
Highlights
- A new, 200+ site RV resort with class A+ amenities and an unbeatable location
- Three sprawling restaurant and bar concepts, with one directly adjacent to the RV Resort
- A majority of total revenue is derived from food and beverage sales
- Multiple short-term vacation rental residences
- A combined 316 floating boat and PWC wet slips in pristine condition and ranging in age, with some less than 3 years old. The vast majority of the slips are used as courtesy dockage for the resort.
- Multiple gas docks and floating convenience stores
- A popular gift shop
- fee simple real estate
The Opportunity
- Built-in upside through RV park lease-up stabilization and ancillary profit centers growth
- Vacation rental expansion revenue upside
- Expand food and beverage service hours to include breakfast service. There is a great deal of established demand for breakfast in the area.
- RV resort development upside
- Slip expansion rental revenue upside
Contact us for a complimentary strategic consultation and preliminary valuation.
