Stabilized Marina 180 Slips Ohio River 8.21% Cap For Sale - Business for Sale
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Marina with 180 Boat Slips on Ohio River in Indiana
Jeffersonville, IN, US
Added 3 months ago
Marina / Boat Slips
The business is a stabilized marina with 180 boat slips located on the Ohio River in Jeffersonville, Indiana, operating with annual and seasonal leases and an 83% occupancy rate.
Key Information
Asking
$5.0M
Revenue
–
Earnings
$410K
Multiple
12.2x
Key Highlights
- Net operating income (NOI) is $410,000, supported by CPA-certified financials
- Cap rate is 8.21%
- There are 180 annual and seasonal boat slips with an 83% occupancy rate
- Owner-managed operation with a bookkeeper and minimal overhead
- Potential to add a new dock with 60 additional slips, representing a 33% increase in rentable inventory
- Adjacent 20± acres available separately for an additional $1,000,000
Contact Info
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