Successful Marina & Resort | Dale Hollow Lake | Approaching 10% Cap

Snow, KY (Clinton County)

Successful Marina & Resort | Dale Hollow Lake | Approaching 10% Cap
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Asking Price: $4,900,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Successful Marina & Resort | Dale Hollow Lake | Approaching 10% Cap

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Business Description

Owner Financing Possible. Approaching a 10% Cap Rate

This is a rare opportunity to acquire a profitable, long-running going concern marina and resort facility on Dale Hollow Lake, one of North America's top houseboating lake destinations. A majority of the income comes from high-net revenue sources; slip rental, houseboat rental, and lodging. Great cash flow and upside make this a viable investment.
Upside
• Combination of USACE Lease and Vacant upland owned fee-simple. Ideal for expansion/development of additional rental cabins and other amenities.
• Additional wet slips could be added, pending approval from the USACE.
• Vacant restaurant ready for operation by owner, or lease to a third party.
• Increase slip rental occupancy.

• 8.4+/- acres upland (Owned Fee Simple), 29.3+/- acres upland (USACE Lease) & 93.2+/- acres bottomland (USACE Lease

• 332 boat slips up to 100’ (85% occupancy

• Restaurant space available for lease

• Income sources include
o Wet slip rental
o Houseboat rental
o Small boat rental
o Lodging (cabin & hotel)
o Ships store
o Fuel

Detailed Information

Location:
Snow, KY
Real Estate:
Owned
Building SF:
15,924
Facilities:
• 8.4+/- acres upland (Owned Fee Simple), 29.3+/- acres upland (USACE Lease) & 93.2+/- acres bottomland (USACE Lease • 332 boat slips up to 100’ (85% occupancy • Restaurant space available for lease • Income sources include o Wet slip rental o Houseboat rental o Small boat rental o Lodging (cabin & hotel) o Ships store o Fuel
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Michelle Ash

Business Listed By:
Michelle Ash

Simply Marinas

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