Contact us for a complimentary strategic consultation and preliminary valuation

Marina Sold: KAM Marine – Jefferson

wheel

Overview

Simply Marinas represented both parties for a quick seamless closing. The sale was handled confidentially by the Simply Marinas team.

KAM Marine, Jefferson, is a full-service marina on 11.5+/- fee simple acres. The facility offers covered and uncovered wet slips, heated indoor storage, rack storage building, and outdoor dry storage for boats up to 60’. KAM offers engine repair; fiberglass & paint specialists, interior & exterior restorations, insurance repairs, and boat sales in a dealer showroom with major street-frontage. The facility has in-place management and is absentee owned.

The facility enjoys a great location, 20 minutes from downtown Detroit, with a tremendous amount of recent site improvements done in the past few years: new roof repairs, new roof over coverage boat wells, storage door replacement and equipment maintained. In 2020/2021, the seller spent around $300,000 to ad a concrete floor, insulation and heating to the rack storage building.

 

 

Highlights

  • In-place management
  • Boat storage
  • 80+/- wet slips – fixed and floating
  • Heated rack storage with haul/launch service for 120 boats
  • Total heated storage for approximately 175 boats
  • Outdoor land-storage for 150+/- boats
  • Dealer showroom fronting the busy main road
  • Equipment includes: hydraulic trailers, forklifts and a Marine Travellift
lighthouse

The Opportunity

  • Built-in upside
  • Recent improvements will provide steady future occupancy growth
  • Covered slips are rented at a premium with strong demand. Additional slips can be updated to offer covered or even covered-enclosed boat storage for additional slip rental revenue
  • The facility sits on desirable fee-simple waterfront land and is ideal for future residential development

Map

           

Contact us for a complimentary strategic consultation and preliminary valuation.

A. Michelle Ash
Principal
(305) 439-9581
ash1@simplymarinas.com
George Ash
National Director
(352) 262-5784
george.ash@simplymarinas.com