Andrew Cantor

The Leisure Property Advisors of Colliers is pleased to exclusively offer for purchase Pensacola Marinas (Island Cove, Palm Harbor, and Yacht Harbor).  Located in Pensacola, FL, within the Bayou Chico, a small bay connected to larger Pensacola Bay and the Gulf of Mexico, these marinas are strategically located within one mile of each other. This presents a unique opportunity to purchase a three-marina portfolio totaling 201 rental wet slips all managed as a group.

The Pensacola Marinas enjoy a central location along Florida's Gulf Coast within a major boating center, attractive to sailors, cruisers, and sport fishermen. The area is a major vacation destination, attracting vacationers from all across the Southeast.

This listing is for three marinas being sold as a portfolio, operating under one umbrella:

1) Island Cove Marina - 806 Lakewood Road, Pensacola, FL 32507

2) Palm Harbor Marina - 1202 Mahogany Mill Road, Pensacola, FL 32507

3) Yacht Harbor Marina - 3050 Olde Barrancas Avenue, Pensacola, FL 32507

The Leisure Property Advisors of Colliers is pleased to exclusively offer for purchase Splash Magic Campground. Located in Northumberland, PA within the popular Susquehanna River Valley, Splash Magic Campground presents a unique opportunity to invest in a strong cash flowing asset with 80% of gross revenue generated from rental sites alone.  

Nearly 35 million people live within 150 miles of Splash Magic, making it a popular vacation destination for not only visitors, but locals alike. The campground is easily accessible from some of Pennsylvania's major highways and close to several state parks and other popular attractions. Due to the campground's strong occupancy, several opportunities exist for additional upside through expansion and additional offerings. 

The Leisure Property Advisors of Colliers is pleased to exclusively offer for purchase Marina Bay Yacht Harbor along the San Francisco Bay. With a mid-Bay location, Marina Bay Yacht Harbor is very attractive to boaters because it provides easy access to a wide range of destinations. The marina is only eight miles northeast of San Francisco's Pier 39 and nine miles from the entrance to the Pacific Ocean at the Golden Gate Bridge.

Marina Bay Yacht Harbor is a 800± slip marina with 80% of its revenue from slip rental alone. The passive sources of revenue create significant investor cash flow. Marina Bay Yacht Harbor has been a consistent revenue and NOI generator, with an average of $3.01M in gross revenue and $1.03M in NOI over the past three years.

This offering presents a very rare opportunity to acquire a large, well-performing West Coast marina.

The Leisure Property Advisors of Colliers is pleased to exclusively offer for purchase The Marina at Barnegat Light. Located in Barnegat Light, NJ, the northernmost town on the well-known barrier island of Long Beach Island. Long Beach Island is a popular second home location and vacation rental destination for affluent residents of both the Philadelphia and New York City metro areas.

The Marina at Barnegat Light is a well-established wet slip marina with consistent passive cash flow and significant value-add potential. The marina offers 78 floating wet slips, a 4,400 SF marina building with a third party leased service center. The offering is ideal for owner-operators or first time marina owners.

UNDER AGREEMENT

The Leisure Property Advisors team of Colliers is pleased to exclusively offer for purchase Conanicut Marina & Boatyard in highly desirable Jamestown, Rhode Island. This is the first time the property has been available in 47 years.

The Offering consists two distinct properties: the marina on Jamestown's waterfront and the boatyard 0.8 miles to the north. The marina features over 4,500 linear feet of dockage for boats up to 225 feet in length plus 150 moorings. It is a very popular spot for both seasonal and transient boaters and the slips operate at 100% occupancy. The boatyard sits on a 5-acre site and provides high-quality service and repair, winter storage for up to 220 boats and serves as a private parking area for the marina.

With limited competition and high barriers to entry, Conanicut Marina & Boatyard represents an opportunity to acquire a well-operated marina and boatyard with proven in-place cash flow and opportunities to generate additional income.

The Leisure Property Advisors of Colliers is pleased to exclusively offer Riverview Marina for purchase or equity investment. Located in Riverview, FL, a fast-growing suburb of Tampa, Riverview Marina presents a unique opportunity to invest in a fully permitted and approved project that is projected to generate over $1.3 million in NOI at stabilization.

With over 40,000 registered boats in Hillsborough County, the offering presents unique opportunity to build a state-of-the-art marina in boating market with significant boat storage demand. Furthermore, the street frontage on a highly trafficked business highway (over 43,000 cars/day) the site offers the ability to build out a market-leading amenity package with quality tenants for its restaurant and retail space.

This offering is for three marinas:

1) Lavallette - 3245 Route 35 South, Lavallette, NJ

2) Lanoka Harbor - 700 Barramore Ave, Lanoka Harbor, NJ

3) Minmar Marine - 14 Old Sea Isle Blvd, Sea Isle City, NJ

The Leisure Property Advisors team of Colliers is pleased to exclusively offer for purchase Ocean Beach Marine Centers. This portfolio consists of three marinas: Minmar Marine in Sea Isle City, NJ, Ocean Beach Marine Center Lanoka Harbor, NJ Location and Ocean Beach Marine Center Lavallette, NJ Location. Together the properties include 507 in-water storage slips (465 currently in the rental pool), with total storage for over 800 boats (inclusive of rack and land storage). This Offering represents an opportunity for a new owner to acquire a profitable portfolio of three strategically located marinas with regional scale that serves some of New Jersey's most popular vacation/second home and boating destinations.

The Leisure Property Advisors team of Colliers is pleased to exclusively offer for purchase Keystone Harbor, a modern 244-slip marina and 50 pad site RV park located 23 miles West of Tulsa. Keystone is currently 100% occupied with approvals to expand to 400 slips. Additionally, there is a successful boat and RV/Airstream rental business as well as a popular on-site restaurant with great outdoor dining. NOI for 2021 is projected to be $1.3 million based on new slips coming on line and additions to the rental fleets.

With limited competition and high barriers to entry, Keystone Harbor represents an opportunity to acquire a well-operated marina with significant cash flow and upside opportunities through expansion.

The Leisure Property Advisors team of Colliers International is pleased to exclusively offer for exclusively offer for Purchase The Marina at Shelter Cove, a highly regarded wet slip marina that has been in business for almost 60 years. The facility is located in Tom’s River directly off of Barnegat Bay, a primary boating area for New Jersey and Philadelphia boaters. In addition to its 86 wet slips, the marina offers boat repair & service, winter yard storage, a retail parts department, and an apartment that would be ideal for a general manger. Several value-add opportunities exist including adding jet ski ports, converting some of the slips used in house to rental, and either a boat rental operation or boat club. This is a great opportunity to buy a well-kept, established marina.

The Leisure Property Advisors team of Colliers International is pleased to exclusively offer for purchase Otter Creek Marina, an established wet slip marina located on the scenic Bush River just a short boat ride from the central Chesapeake Bay. The facility has excellent access to I-95 and draws from both the northern Baltimore suburbs, as well as Pennsylvania. The facility is a simple operation that is driven by summer rental of its 60 wet slips and winter land storage for up to 110 boats. The facility's operation also includes boat service & repair (leased), an active fuel dock, a rental apartment and a small rental house. Otter Creek Marina presents an attractive opportunity for a first-time marina owner interested in acquiring an established marina with several value-add opportunities to increase cash flow.

Battery Park Marina

Leisure Property Advisors of Colliers International is pleased to exclusively offer for purchase Anclote Village Marina along the Anclote River, a very popular boating destination in the Tampa Bay Metro. Anclote Village is a simple operation with a well-reviewed, on-site restaurant that helps drive traffic to the facility. As the only marina on the river outside of the "no-wake" zone, Anclote Village provides the fastest access to the Gulf of Mexico, which provides the marina with a competitive advantage allowing the facility to have strong boat storage rates and a consistently strong occupancy rate. This is a great opportunity for a first-time marina owner or an investor looking for a simple operation with the ability to expand and add additional revenue streams.

The Leisure Property Advisors team of Colliers International is pleased to exclusively offer for purchase Lighthouse Harbor Marina on Lake Wallenpaupack in Pennsylvania.  Situated on the southern shore of this destination lake in the Pocono Mountains, Lighthouse Harbor draws from a population of nearly 27M people within a two-hour drive.  With 241 wet slips and room store more than 400 boats on land in the winter, this marina is a true full-service, year-round operation. In addition to storage, the marina in an authorized Bennington and Monterey boat deal, offers boat repair & service from certified Yamaha and Mercury marine techs, a retail parts department, boat rentals and a Freedom Boat Club franchise.  This is a great opportunity to buy a well-kept, established marina in a very desirable area.

Leisure Property Advisors of Colliers International is pleased to exclusively offer for purchase Dozier’s Regatta Point Marina, a highly-rated marina in Deltaville, Virginia. Dozier’s is a wet slip marina with storage for over 100 boats. Due to the high-quality of its wet slips and amenities, the marina attracts a loyal clientele of annual customers and transients with significant repeat business even with minimal marketing by its current owner. The emphasis on wet slip dockage makes this an ideal opportunity for someone desiring to enter the marina business. Seller financing is possible for qualified buyers.

Anchor Bay is located on Lake Martin, a 44,000-acres lake that is considered one of the best boating lakes in the country. The facility offers 48 wet slips, 190 dry rack spaces and a wide range of amenities. The marina is over 90% occupied with multiple expansion opportunities, including prior approval to add dry rack storage for up to 100 units, making it ideal for an investor seeking existing cash flow as well as value-add. Anchor Bay is offered at $3,675,000, which equates to a 9% cap rate on in-place NOI.

Leisure Property Advisors of Colliers International is pleased to exclusively offer for purchase Volunteer Landing, a high-quality marina in Knoxville, Tennessee.  The facility offers 112 covered wet slips for rent, a dock store, and fuel dock. The operation is perfect for either a first-time buyer or a more experienced owner-operator seeking a solid return on investment plus the ability to grow revenue and NOI. Opportunities include increasing occupancy levels, transient dockage and adding new revenue sources such as a boat rental or detailing. Additionally, the marina is approved for an additional 26 large slips for houseboats or large cruisers.

Leisure Property Advisors of Colliers International is pleased to exclusively offer for purchase Tampa Harbour. Tampa Harbour is a state-of-the-art marina with 40 wet slips and a 150 MPH wind rated storage barn with the capacity to store up to 773 boats. Located in South Tampa, Tampa Harbour is just seconds from the open waters of Old Tampa Bay and has no slow zones between the marina and the Gulf of Mexico. This is a rare opportunity to own a trophy asset in one of the hottest markets on Florida's West Coast!

Leisure Property Advisors of Colliers International is pleased to exclusively offer for purchase Sunset Bay Marina, a first-class marina in Hull, MA, along Boston’s South Shore. Sunset Bay is a full-service marina with over 200 slips and moorings, winter storage, boat service & repair, and a successful restaurant tenant. Just a 10-minute boat ride from Downtown Boston, Sunset Bay Marina provides a new owner with several opportunities to increase revenue and NOI, including but not limited to, rent increases in wet slips, additional slips, boat rentals & more.

Leisure Property Advisors of Colliers International is pleased to exclusively offer for purchase Bradenton Boat Club (“BBC”). An extremely rare opportunity to acquire a premier, high-quality marina facility in one of the strongest boating markets on Florida’s Gulf Coast, BBC offers 344 rentable units (279 inside racks, 10 wet slips and 55 outside racks), a service department, and fuel operation. Located in Bradenton, Florida, which is within one of the fastest growing metro areas in the United States, BBC has direct deep-water access to the Gulf of Mexico and provides exposure to over 24,000 cars daily – as it sits at the foot of one of the main bridges to the barrier islands along Florida’s Gulf Coast.

Nestled between Anna Maria Island and Bradenton and located on Harbour Isle, One Particular Harbour Marina is a state-of-the-art marina and boathouse with direct deep-water access to the Gulf of Mexico. The southwest coast of Florida offers white-sand beaches, crystal-blue water, and fishing opportunities galore, making it a highly desirable destination for boaters and fisherman alike. Anna Maria Island and Siesta Key have consistently been ranked, respectively, as one of the top islands and top beaches in America. The draw to this area has led to an influx of visitors and residents, thus resulting in a booming second home market and a significant volume of boating traffic. Overall, the Sarasota/Bradenton MSA is on the up-and-up with a continuous annual growth more than twice that of the rest of Florida.

Chesapeake Yachting Center is a full-service marina located in Middle River, Maryland, a growing community about 13 miles northeast of downtown Baltimore.

• 184 wet slips


• 186 dry racks


• 90 dry sail cradles

The Ridges Marina is strategically located on beautiful Lake Chatuge, a little over two hours north of Atlanta. Over 14 million people live within 150 miles of The Ridges. Lake Chatuge and the surrounding North Georgia mountains are a major draw for the area, resulting in a significant tourist influx from Spring through Fall. In addition, a number of people living within just a few hours of the area have built second homes on the lake or within the surrounding mountains. Atlanta is one of the nation’s fastest growing metropolitan areas with population growth projected at 8.5% over the next five years as the local economy expands. This continued economic expansion and population growth bodes well for The Ridges as demand for second homes, tourism, and recreation should continue to drive people to the market, creating additional demand for slips and rental boats.

• Lake marina with 342 wet slips (mostly covered)


• Rental boat business with eight pontoons


• 7,000 SF restaurant building leased to third-party doing business as Lake Chatuge Lighthouse & Grill


• 3,880 SF boat service building


• New 900 SF floating dock store


• Gas dock with two dispensers

Leisure Property Advisors of Colliers International is pleased to exclusively offer for purchase Mears Great Oak Landing. Great Oak Landing is a highly amenitized full-service marina with 360 wet slips and excess land for development. Overlooking Fairlee Creek and along the Chesapeake Bay, Great Oak Landing is just a 30 minute boat ride from downtown Baltimore and a popular stop for boaters. This is a great opportunity to own a marina along Maryland's popular Eastern Shore!

• 360 WET SLIPS AND 60+ ACRES
OF EXCESS LAND FOR FUTURE DEVELOPMENT
• OVER $1M IN WET SLIP REVENUE
• EXTENSIVE AMENITY PACKAGE INCLUDING A 300 FT PRIVATE BEACH, SWIMMING POOL, RESTAURANT, DOCKSIDE BAR, AND HOTEL LODGE
• EXCELLENT LOCATION FOR TRANSIENT DOCKAGE WITH ABILITY TO EXPAND
• POPULAR JELLYFISH JOEL’S VOTED “BEST OF BAY” DOCKSIDE BAR IN 2017

300± Florida East Coast marina on 6.8 acres

**Please note: An additional 3.9 acres of land is available for a separate purchase

This listing is for two marinas in Islamorada Florida:

Islamorada Marina (80460 Overseas Hwy, Islamorada, FL 33036)

Angler House Marina (80500 Overseas Hwy, Islamorada, FL 33036)

Siesta Key Marina

The Leisure Property Advisors of Colliers International is pleased to exclusively offer for purchase Inlet Harbor Marina, a high-quality marina located in Ponce Inlet along Florida's East Coast.  Strategically located as the closest dry rack storage option to Ponce Inlet, the facility enjoys a competitive advantage in the market.  The facility is also home to the extremely popular Off the Hook Raw Bar & Grill that is leased to a very strong restaurateur with multiple locations.

The marina has been meticulously maintained over the years, including over $3.5M in capital improvements in the past few years.  Most recently, the marina undertook an update of its dry racks that have recently been made available for lease and are already experiencing significant demand. The marina now offers 282 dry racks and 30 wet slips, which is inclusive of 16 vertical slips. 

Inlet Harbor Marina presents an attractive opportunity for a marina owner interested in acquiring an established marina with several value-add opportunities to increase cash flow along Florida's bustling East Coast.

The Leisure Property Advisors team of Colliers International is pleased to exclusively offer for purchase Whitehouse Cove Marina, a 156 slip marina and popular waterfront restaurant, Surf Rider, located along the Chesapeake Bay within the Hampton Roads MSA. Surf Rider is leased on a long-term basis to an experienced operator. The facility is a simple, passive operation that has been consistently profitable with NOI generated from slip rentals and the restaurant lease. 

 Whitehouse Cove Marina presents an attractive opportunity for a first-time marina owner interested in acquiring an established marina with several value-add opportunities to increase cash flow.

The Leisure Property Advisors team of Colliers International is pleased to exclusively offer for purchase 202 Bank Street (Oxford Marina), a well established boatyard and marina along the affluent Eastern Shore. Oxford Marina is easily accessible from DC, Baltimore and Philadelphia. In addition to having in-water storage for 65 boats, the marina includes a 4,160 SF heated boat repair building/warehouse, retail store, saltwater pool, and apartment. 

An opportunity like this is not likely to be available again for many years.

The Leisure Property Advisors of Colliers International is pleased to exclusively offer for purchase Mill Creek Marine, a high-quality boat service center and dry stack marina centrally located on the Narragansett Bay in North Kingstown, Rhode Island. It is the only on-the-water Mercury and Suzuki facility on the Narragansett Bay and has enjoyed significant success in the region for engine repowers and repairs.

Mill Creek Marine also offers dry stack storage for up to 167 boats in the only fully enclosed dry rack building in Rhode Island.  Due to the owner’s primary focus on boat service, significant upside remains in boat storage.  Indoor winter storage is 100% full with an opportunity to expand capacity at a minimal investment.  In addition, annual and seasonal storage also present an opportunity for a new owner.  Finally, a fuel dock is coming on line in April 2020, which is projected to generated significant revenue and NOI as it will be the only fuel dock in Allen Harbor.