Contact us for a complimentary strategic consultation and preliminary valuation
Marina Sold: Chula Vista Marina – 500+ Wet Slip Marina – Projected NOI $3mm
Overview
This successful marina, with over 500 wet slips, is located in a class-A urban location anchored in the midst of impressive new projects under development.
Local Broker of Record:
Kevin Moriarty
Income Property Group
Highlights
- North of $3mm projected EBITDA
- Existing successful marina
- Over 500 wet slips
- Plans to expand and update
- All income is derived from wet slip 3rd party commercial tenant rents
The Opportunity
This offering presented an very rare opportunity for a new owner to redevelop this existing successful marina, with a rarely available scope and size. The redevelopment plans will position the marina as a first-class marina, with modern facilities and amenities to match with the area’s exciting new development projects.
Map
Contact us for a complimentary strategic consultation and preliminary valuation.
A. Michelle Ash
Principal
(305) 439-9581
ash1@simplymarinas.com
George Ash
National Director
(352) 262-5784
george.ash@simplymarinas.com