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Off Market
1/5

1501 Bayview Ave
Barnegat Light, NJ 08006


HIGHLIGHTS

  • Great opportunity for either a first time marina owner or owner-operator to acquire a marina with passive cash flow
  • 97% overall occupancy in market that is similarly occupied bodes well for future rate increases
  • Simple operation with almost 100% of revenue from wet slip rental
  • Several value-add opportunities exist to increase revenue and income significantly
  • Popular second home and vacation rental destination with growing, affluent demographics

OVERVIEW

The Leisure Property Advisors of Colliers is pleased to exclusively offer for purchase The Marina at Barnegat Light.  Located in Barnegat Light, NJ, the northernmost town on the well-known barrier island of Long Beach Island. Long Beach Island is a popular second home location and vacation rental destination for affluent residents of both the Philadelphia and New York City metro areas.  The Marina at Barnegat Light is a well-established wet slip marina with consistent passive cash flow and significant value-add potential. The marina offers 78 floating wet slips, a 4,400 SF marina building with a third party leased service center. The offering is ideal for owner-operators or first time marina owners.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

The Marina at Barnegat Light

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

4400

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC AC

LAND SF

26,136 SF

ZONING

-

APN/PARCEL ID

02-00030-01-00001