Updated 5 months ago on . Most recent reply

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
Most Popular Reply

Hey Jon, did you end up purchasing the Marina?
I found a property with a marina on it that I am looking into.