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Updated about 1 month ago on . Most recent reply

User Stats

70
Posts
25
Votes
Jon Sidoti
  • Investor
  • Quincy, MA
25
Votes |
70
Posts

Marina Investment Potential

Jon Sidoti
  • Investor
  • Quincy, MA
Posted
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
  • Jon Sidoti
  • Most Popular Reply

    User Stats

    392
    Posts
    226
    Votes
    Mat O'Grady
    • Investor
    • North Stonington, CT
    226
    Votes |
    392
    Posts
    Mat O'Grady
    • Investor
    • North Stonington, CT
    Replied

    @Jon Sidoti

    Hey Jon, did you end up purchasing the Marina? 

    I found a property with a marina on it that I am looking into. 

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