Marina for Sale: Confidential NC Rack Storage Marina – ID: SM NC42
Overview
Well located on the ICW with quick, unencumbered, access to the Atlantic
This is a rare opportunity to acquire a full service rack storage marina on North Carolina’s Intracoastal Waterway with quick, unencumbered access to the Atlantic Ocean. The marina sits on approximately 7.91 gross fee simple acres (2.65+/- acres upland & 5.26 acres wetland/marshland). The facility offers 254 dry rack slips across a combination of an enclosed dry-stack building, a three-sided/covered dry-stack building, three open-air/uncovered dry-stack racks, and open-air/ground level racks.
Local Broker of Record:
John Lennoon
Coldwell Banker Suncoast Partners
1430 Commonwealth Dr #102
Wilmington, NC 28403
Marina Marketing and Investment Adviser:
George Ash
Simply Marinas
4000 Ponce De Leon Blvd, Suite 470
Coral Gables, FL 33146
352.262.5784
george.ash@simplymarinas.com
Highlights
- 100% Occupancy with a wait list
- 254+/- dry rack slips
- 28+/- wet slips
- Parts & service department
- Retail store | Offices | Captain’s club | Rest rooms/showers
- Fuel Dock
- 1 x 10,000 gallon above-ground gas tank 1 x 10,000 gallon above-ground diesel tank
- 7.91+/- gross fee simple acres
The Opportunity
An owner can benefit from incremental rate increases, as the facility is currently and historically at full occupancy. Converting the open-air racks to covered or enclosed racks will bring a an additional premium on rents. Additionally, a boat rental fleet can be introduced.
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