Marina Sold: Leatherwood Marina and Resort, TN
Overview
Simply Marinas represented both parties for a quick seamless closing. The sale was handled confidentially by the Simply Marinas team.
Leatherwood Marina and Resort is a complete resort with covered large deep slips, campground, cabins, and restaurant. It offers attractive amenities including in ground pool and restroom facilities, public ramp, a gas dock, and a ship store.
The restaurant has the only liquor license in the area. It has a bar and a bank dock overlooking the marina.
The marina has distinct depth that can host larger boats than marinas in the area in a protected basin.
It is located on Kentucky Lake and positioned in a deep and secluded cove offering storm and wind protection.
Highlights
- 8.17 AC in Fee/6.2 Acres submerged under TVA
- Only full liquor license in the County
- Restaurant & Tiki Bar with 2 Stories
- New Large Band Stand & Deck over looking Marina & Bay
- 3 sets of Duplex‘s
- Security Gate for Large Dock
- Floating Boat Store with Gas Dock & Beer Sales
- Large transient Slips for Yachts
- In ground Pool & restroom facilities
- Large Private Boat Ramp with second gas pump on land
- 42 campground spots with Full Hookups
- Vacant lot for adding RV sites
- + 12 RV sites can be added near cabins
- 6 existing cabins at 100 % occupancy +/-
- 130 slips floating docks at 85%+/- occupancy
- Depth12-17’
- Prior TVA Expansion approval for 36 slips
The Opportunity
Leatherwood offers huge upside by adding wet slips and additional RV pads.
Location
Leatherwood Marina and Resort is destination property that offers deep water and storm protection over the west side of Kentucky. It sits on a secluded cove that offers protection. It is one of the few deep water marinas on Kentucky Lake
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Map
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