Lighthouse Harbor Marina | Greentown, PA - 969 State Rte 507, Greentown, PA 18426
For Sale
For Sale
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Overview
The Leisure Property Advisors team of Colliers International is pleased to exclusively offer for purchase Lighthouse Harbor Marina on Lake Wallenpaupack in Pennsylvania. Situated on the southern shore of this destination lake in the Pocono Mountains, Lighthouse Harbor draws from a population of nearly 27M people within a two-hour drive. With 241 wet slips and room store more than 400 boats on land in the winter, this marina is a true full-service, year-round operation. In addition to storage, the marina in an authorized Bennington and Monterey boat deal, offers boat repair & service from certified Yamaha and Mercury marine techs, a retail parts department, boat rentals and a Freedom Boat Club franchise. This is a great opportunity to buy a well-kept, established marina in a very desirable area.
Full-service marina with 241 wet slips and room to store 400+ boats on land in the winter
Authorized Bennington and Monterey boat dealer
Authorized Yamaha and Mercury service and parts department
$7M of revenue and $990K NOI – almost all from “non boat sales” operations
Destination lake in the Poconos
26M visitors to the four-county Poconos region in 2018
99 miles from the center of Manhattan
Upside to expand indoor winter storage and increase rates
Property Details
The Leisure Property Advisors team of Colliers International is pleased to exclusively offer for purchase Lighthouse Harbor Marina on Lake Wallenpaupack in Pennsylvania. Situated on the southern shore of this destination lake in the Pocono Mountains, Lighthouse Harbor draws from a population of nearly 27M people within a two-hour drive. With 241 wet slips and room store more than 400 boats on land in the winter, this marina is a true full-service, year-round operation. In addition to storage, the marina in an authorized Bennington and Monterey boat deal, offers boat repair & service from certified Yamaha and Mercury marine techs, a retail parts department, boat rentals and a Freedom Boat Club franchise. This is a great opportunity to buy a well-kept, established marina in a very desirable area.
Full-service marina with 241 wet slips and room to store 400+ boats on land in the winter
Authorized Bennington and Monterey boat dealer
Authorized Yamaha and Mercury service and parts department
$7M of revenue and $990K NOI – almost all from “non boat sales” operations
Destination lake in the Poconos
26M visitors to the four-county Poconos region in 2018
99 miles from the center of Manhattan
Upside to expand indoor winter storage and increase rates
- Property TypeOffice
- Sale Price$5,500,000
- Total Acres3.72
- Cap Rate18.0%
- Property ID2160831