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Marina Listings PowerPoint Presentation
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Marina Listings

Marina Listings

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Marina Listings

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  1. Marina Listings

  2. Twin Rivers Marina is a full-service marina located approximately 80 miles north (1-hour 30 minutes) of downtown Tampa, Florida. Twin Rivers Marina is being offered at $4,950,000, which equates to a 10.46% Cap Rate on TTM (Sept 1st, 2015 – Sept. 1st, 2016) NOI of $517,585 and a 13.99% Cap Rate on End of Year 1 Pro Forma NOI of $692,471. Twin Rivers occupies a 2.62 fee simple acres with 246 Dry Racks and 53 wet slips. The rack operation is supported by a 15,000 lbs forklift and a 70,000 lbs Travel lift. Other services offered by the marina include: a fuel dock, fully stocked Ship’s Store, a rental boat fleet, propeller and motor repairs (can be expanded), live bait (can be expanded), paddle board & kayak rentals, on-site Sea Tow.