Aerial - Sutton Lake Marina, WV
Aerial - Sutton Lake Marina, WV
Sutton Lake, West Virginia
Sutton Lake, West Virginia
Ship's Store, Sutton Lake Marina
Ship's Store, Sutton Lake Marina
Rental Houseboats
Rental Houseboats
B-Dock
B-Dock
Aerial - Sutton Lake Marina, WV
Sutton Lake, West Virginia
Ship's Store, Sutton Lake Marina
Rental Houseboats
B-Dock

RV Park/Campground Details

  • Cap Rate: 12.3%
  • Listing ID: 1092260
  • Posted On: Jun 9, 2019
  • Updated On: Aug 31, 2019

Description

Thriving and profitable marina with multiple streams of income is now available for purchase. The business operates on 35.68 acres consisting of a 6.48- acre dry dock storage area plus 29.20-acre marina location. The 29.20-acre marina location is leased from the U.S. Army Corp. of Engineers. A qualified buyer will either assume the current lease or take on a new lease with the Corp.

The sales price includes the 6.48-acre dry dock storage area plus marina assets - all furniture, fixtures, equipment, 3 trucks, work barge, all docks, all rental boats plus trailers, all floating structures (Ship's Store, picnic area, bathrooms, cottage/shower, shop, laundry/storage building), plus all store inventory (approximately $30,000). Fuel inventory in the 10,000 gallon storage tank is not included in the sales price and will be sold at cost. Current owners will assist with a smooth transition to a new buyer.

Additional information is available in the attached Offering Brochure. To schedule a viewing appointment or to ask questions, call or text Rella at 304.765.5433.

Amenities

  • Laundromat
  • Storage
  • Boat Access
  • Bathhouse
  • Store
Interested in purchasing this RV park? Get pre-qualified for a loan.

Financial Information (Actual)

Net Operating Income: $369,182

Utility Information

Water: City

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