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Real Estate Deal Analysis & Advice

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Jon Sidoti
Pro Member
  • Investor
  • Quincy, MA
15
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55
Posts

Marina Investment Potential

Jon Sidoti
Pro Member
  • Investor
  • Quincy, MA
Posted Aug 23 2018, 01:23
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

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