This Property is no longer advertised on Showcase.com.
Off Market
1/22

185 Flat Hollow Dock Cir
Speedwell, TN 37870


HIGHLIGHTS

  • Rare Opportunity to Own One of the Largest Marinas on Norris Lake - Turn-Key!!
  • 172 Floating Wet Slips (Majority Built in 2015) | 89 Mooring Points (24 Under Marina Management)
  • 7 Vacation Rental Homes | 7 Rental Boats
  • 4,282 SF Waterfront Grill & Bar (w/ Liquor License)
  • 50% of NOI Generated from Marina Operation

OVERVIEW

Marcus & Millichap is pleased to exclusively offer Flat Hollow Marina & Resort (“Flat Hollow”), a 172-slip, marina on Norris Lake. In addition to the wet slips, Flat Hollow offers 89 floating house mooring points (24 floating homes under management), a 4,300 SF waterfront restaurant (with liquor and beer license), 7 vacation rentals (3 chalets, 1 A-frame, and 3 homes) and a 7-boat rental fleet. The property is one of the largest marinas on Norris Lake and is located just an hour North of Knoxville, making the marina a convenient choice for boaters from both Knoxville, KY and Ohio. With the property receiving capital improvements consistently over the years, Flat Hollow Marina & Resort is being offered at $5,250,000.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Flat Hollow Marina & Resort

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

ADD'L SUBTYPES

Trailer/Camper Park

TOTAL BUILDING SIZE

4284

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

10 AC AC

LAND SF

435,600 SF

ZONING

-

APN/PARCEL ID

079O-B-072.03