Marina for Sale: Confidential Tennessee Marina & RV Campground Portfolio – Offering ID: SMTN87

Overview

This is a rare opportunity to acquire a successful, pristine marina and RV campground portfolio in the highly sought after Tennessee market. The two properties are located within relatively close proximity to one another.

The owners have invested in technology to help manage both properties efficiently, utilizing real-time information to highlight short and long-term opportunities, support decision-making and improvement to customer service. The business utilizes sophisticated accounting practices, quality marina and RV park management software, and point of sales systems. There is no deferred maintenance, as ownership is continually investing in growth and improvements with an eye towards the future. This portfolio offers a high-quality acquisition opportunity rarely seen in the marina and RV park market.

Between the two properties, there are 260+/- covered wet slips and 120+/- RV camp sites all in close proximity to the lake, with full hookups, providing for a majority of the gross sales. Backed by strong, in-place demand, ownership believes there is opportunity to increase the wet slip and RV site unit count over time.

Popular ancillary profit centers include marine fuel sales, merchandise retail, boat rentals, an internally operated full-service restaurant, and additional services such as boat lift sales and winterizing service. These ancillary profit centers provide desired guest services and amenities, drawing consistent income, while bolstering occupancy and offering plenty of future growth opportunities. Area demographic growth and proximity to a major MSA solidify future demand and revenue growth.

Both facilities operate on Tennessee Valley Authority (TVA) land under a Grant of Term Easement (lease). There is no fee simple real estate included.