Marina Sold: North Point Marina – Texas
Overview
Located adjacent to the Austin MSA, one the country’s fastest growing counties and situated in a prime location with a strong competitive edge and barriers to entry. Ownership has recently made many improvements, including a new gangway from the shore to the marina, and a new Ship Store/fuel dock. The marina is at full occupancy with a wait list, and has in-place slip expansion upside.
Local Broker of Record:
Lynn Blakeley
Blakeley Commercial Real Estate
4040 Broadway, Suite 240
San Antonio, Texas 78209
210.724.5111
lynn@blakeleycre.com
Marina Marketing and Investment Adviser:
George Ash
Simply Marinas
4000 Ponce De Leon Blvd, Suite 470
Coral Gables, FL 33146
352.262.5784
george.ash@simplymarinas.com
Highlights
- 183 slips
- Full occupancy with a long wait list
- Permitted expansion upside for 72 slips
- Brand new ships store and fuel dock
- Adjacent to one of the country’s fastest growing counties
- Ample parking
The Opportunity
Ownership can build an additional 72 slips and leverage the in-place wait list. USACE has approved a total of 200 boat slips under the current lease and master plan. There is plenty of excess parking to support the slip expansion. At current, the marina does not offer boat rentals. The introduction of a boat rental fleet will do well at this location.
Gallery
Map
Contact us for a complimentary strategic consultation and preliminary valuation.
