Buying & Selling Marinas

Our regular look at availability of marinas for sale around the world.

Upscale marina/RV resort on the Potomac

Coles Point Marina & RV Resort on the Potomac River in Virginia, USA – one of several substantial properties of its type to be currently available to investment buyers – is for sale via SVN Marinas, a premier advisory practice for marina and marine-related properties.

David Kendal, (inset, above)managing director with SVN/Nautilus and chairman of SVN Marinas, describes Coles Point as a ‘standout’ facility and, with over 25 years of expertise in commercial property, most particularly in marinas, he has an excellent barometer.
Covering 335 acres (135.6ha), Coles Point features a full-service marina with 145 wet slips, a waterfront restaurant, and a 39.5-acre (16-ha) RV park with 118 RV Pads full-hook-up (FHU) and expansion potential. It offers a mix of leisure, investment and expansion opportunities and this versatility, according to Kendall, is what sets it apart. Revenue streams include slip rentals, RV leases, fuel sales, hospitality and event hosting. Professional management ensures operational excellence and seamless guest experiences, making it a standout in Virginia’s vibrant leisure market.
“With RV travel and recreational boating on the rise, Coles Point aligns with consumer demand for high-quality, flexible travel options,” Kendall notes. “This property also offers substantial development potential, catering to the increasing demand for upscale RV sites and marina services.”
SVN Marinas has built a reputation for delivering value in complex transactions, including acquisitions, sales and development projects and, with a collaborative network of over 1,600 advisors, can tailor services precisely to marina sector needs.
Kendall’s vision extends beyond individual transactions as he champions industry best practices, educates investors on the unique dynamics of marina ownership, and fosters innovation in asset management.
For information, david.kendall@svn.com

West coast icon up for sale

An iconic wet slip marina on the US west coast has come to market via Simply Marinas. Priced at $30 million, the property is described as offering a rare opportunity to acquire a first-class marina facility in one of the country’s most desirable coastal urban locations and at the heart of one of its biggest boating destinations.

Absentee owned, the facility has approximately 6,100ft (1,860m) of dock space arranged as 161 boat slips on a floating dock system. Income is derived from slip rentals and 12 commercial business tenants who rent 100% occupied space in a 12,000ft² (1,100m²) commercial building (6,000ft²/550m² leasable). Slip occupancy is estimated at 98% with a waiting list for certain slip sizes.
With land area of slightly over four acres (1.6ha), held on a fee simple/freehold basis, and leased water space, the marina is certified as a Clean Marina. 
For NDA and Executive Summary, contact Michelle Ash
team@simplymarinas.com

Superyacht facility investment in Fort Lauderdale

CBRE Marinas & Shipyards presents a unique opportunity to acquire Port Dania, a rare marine property located on the coveted Dania Cut Canal in Florida.

Situated in a prime location close to the Port Everglades inlet, the property accommodates yachts up to 250ft (77m) and has unparalleled access to South Florida’s waterways. Spanning approximately five acres (2ha), the property is perfectly suited for marine use, including boat manufacturing, yacht dockage and refit, drystack and port operations.
With approach depths of up to 17ft (5m), Port Dania can accommodate superyachts with ease in an area where yachting activity is so much in demand that there is a shortage of dockage, especially for superyachts requiring satisfactory depth and linear footage. Proximity to the inlet is a crucial and highly valued factor for superyacht businesses, as is nearby Port Everglades, which serves as a gateway to international trade and commerce in the heart of Fort Lauderdale. Both provide additional value.
“Port Everglades is bustling with connectivity, where global trade aligns with the superyacht community providing crucial services for the area’s maritime industry,” Julie Fisher Berry, senior vice president CBRE Marinas and Shipyards, tells Marina World. “This is a unique opportunity to capitalise on this prime location in the Yachting Capital of the World and home to the Fort Lauderdale International Boat Show. It is one of the only locations that provides adequate depths for superyachts.”   Sheila Roux, senior associate, adds: “There has been a persistent shortage of marina slips in South Florida and this trend continues. The storage potential of this site makes it a valuable opportunity for investors in search of prime locations.”
For information, contact
julie.berry@cbre.com

‘Great Loop’ marina comes to market

Grafton Harbor, commonly known as ‘The Key West of the Midwest’, is located in an Enterprise Zone on the southern border of Illinois where the Mississippi River meets the Illinois River. The property is offered for sale via National Marina Sales.

Featuring over 300 covered and open wet slips with full dockside amenities and a designated in-water storage area for jet skis and other small vessels, the marina is well protected by an effective breakwater and is located on the Great Loop, a popular and continuous waterway for leisure boaters seeking to explore eastern North America.
Facilities are plentiful. A fabulous restaurant on the second floor of the marina building is currently leased out on a five-year term to talented tenants who offer outstanding food in a scenic environment with elevated views of the rivers. A winery, located on the first floor, is owned and operated by the marina and carries a broad selection of wines.
Abundant parking is provided on immediately adjacent leased property, which has 75 years remaining on the current lease and a 100-year renewal option. A 53ft (16m) all-weather tour boat, ‘Hakuna Matata’, included in the sale, is a great addition to the marina and runs regularly to provide an outstanding events venue, dinner tours, eco tours, and more, for customers and visitors.
Permanent slip holders and visitors with access to the swimming pool benefit from ten separate, convenient and well-appointed private bathroom suites for changing, and customers can also enjoy the floating ARRR bar, hot tub, general store, ships store and gift shop. High speed diesel and gas/petrol pumps are installed and transient slips are available with reservations.
For information, contact Rick Roughen, rick@roughen.net  www.nationalmarinasales.com