Marina with 180 Boat Slips on the Ohio River - 7% Cap
Business Description
Stabilized Slip Income w/Value Add of 60 Add'l Slips
Cash-flowing marina investment opportunity in Jeffersonville, IN with 180 boat slips on the Ohio River, generating $350,000 NOI at a 7% cap rate. This well-maintained property features regular dredging, approximately 1,173’ of shoreline frontage facing Kentucky, and abundant parking. Significant value-add potential exists through increasing slip leasing rates and adding another dock to accommodate 60 additional slips. The property includes CPA-certified financials, prime access to the Lewis and Clark Bridge, and is offered with an adjacent 20+ acres available for additional development or alternate use. A true cash cow opportunity in a prime location—contact the listing agent today!
About the Business
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 13,845
Listing Info
- ID
- 2319080
- Listing Views
- 2238
Listing ID: 2319080 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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