Successful Michigan Full Service Boat Yard & Storage Facility

Mid West

Successful Michigan Full Service Boat Yard & Storage Facility
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Asking Price: Get Financing: $5,900,000

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Successful Michigan Full Service Boat Yard & Storage Facility

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Business Description

Successful Michigan Full Service Boat Yard & Storage Facility

• The offering is priced north of a 10% cap rate and has great cash flow

• This is an established facility with full occupancy and great demand
• Outstanding management in place
• One of Michigan’s prime boating locations
• One of the area’s largest service & storage facilities
• 133,000+/- sq ft heated & cold storage
• 15 wet slips with three boat wells, three travel lifts and launch ramp
• One of the best MI shipyards with a great reputation
• There is clear upside for storage expansion on the 40+/- acres
• Possible further development (marina and/or residential)
• Owner financing is possible with the right terms and conditions

This is a rare opportunity to acquire a highly regarded, impeccably maintained and operated full service dry storage marina and boat yard in a pristine, world-class boating destination.

Please contact A. Michelle Ash | 305-439-9481
A. Michelle Ash, Simply Marinas Marketing and Investment Advisor | Mulleady Realtors INC | 715-617-8581

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Michelle Ash

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Michelle Ash

Simply Marinas

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