Marina Investment Potential
Hi BP!
I stumbled upon a Marina listing close by.
Wanted to see what the BP community initial thought on a marina is?
My initial thought is that you are buying a business. You are buying a business with yaught club services, bait and fishing, fuel, etc.
There are also a lot of hidden surveys that must be completed to get an idea what you are buying (under the water). You are also very susceptible to damage during storms. I guess just like anything else, know what you’re buying. Could be a fun investment! Appreciate any thoughts!
180 Slips
Fuel Docks
Yacht Club
Showers
By improving facilities I’d imagine slip rentals can be increased. Lots of opportunity to increase rents!
Thanks
Jon