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Marina for Sale: Confidential Upstate NY Marina and RV Resort – ID#: SM72

Price: $4,900,000
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Overview

Confidential Upstate NY Marina and RV Resort - ID#: SM72

The marina is located on 42 pristine acres. There is an additionally available single family residence (not figured into the asking price of this offering). With a total of 42 acres, there is plenty of excess land for RV park expansion.

The entire property is currently under three NNN leases. The primary tenant operates the marina, RV park, dealership/service center, and ships store. This primary tenant may be willing to relinquish control of the marina and RV park, should a new property owner want to operate the marina and RV park themselves. In addition to the primary tenant, there is a restaurant tenant and a convenience store/boat rental tenant.

The full service marina offers a protective cove, permitted for 230 slips and 113 moorings. The operators currently deploys approximately 150 slips and 70 moorings. The waterfront RV park currently has 18 pads with electric, sewer and water. With a total of 42 acres, there is plenty of excess land for RV park expansion. Improvements include 18 RV pads, 3 indoor winter storage buildings, ample space for outdoor winter storage, one 3-bay service building, one heated 4-bay service building/parts department, 2 retail/office buildings with street frontage (one currently used as marina office and ships store and one occupied by a boat rental/grocery store tenant), boat and motor dealership, and a newly renovated waterfront restaurant (tenant in-place).

Local Broker of Record:
Janell Vanegas
Venture Brokerage Group
2815 Monroe Avenue
Rochester, New York 14618
585.615.1102
janell@venturebrokeragegroup.com

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

  • Protective cove marina, permitted for 230 slips and 113 moorings
    • Ownership currently deploys approximately 150 (full occupancy) slips and 70 moorings.
    • A majority of the slips are lease for the full season and paid up by March prior to the season start.
    • Fuel dock
    • Pump-out
    • Wifi access throughout the docks
    • Bathroom, shower and laundry facilities
  • Waterfront RV park
    • 18 pads with electric, sewer and water hookups
    • Plenty of excess land for RV park expansion
  • 42+/- acres of upland
  • Public sewer, electric and well water
  • Good exposure and visibility from US Route 9
  • Dealership and service center
  • Newly renovated restaurant (tenant in-place)
  • Convenience store/boat rental tenant in-place (building adjacent to the RV park)
  • There is an additionally available single family residence (not figured into the asking price of this offering).

 

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The Opportunity

An owner can benefit from the following as a means of increasing revenue:

  • RV park expansion – there is plenty of excess vacant land
  • Deploy and stabilize the total allotment of 230 slips and 113 moorings
  • Operate a boat rental fleet
  • Introduce a lodging component (cabins/tiny homes)
  • Multifamily residential development

For More Information

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