Property Description

Leisure Investment Properties Group is pleased to exclusively offer for purchase The Breakers Marina (also referred to as “The Marina”) in Buchanan, TN. The Marina is a well-known marina that serves the south end of beautiful Kentucky Lake. This well-maintained marina with mainly covered slips is a very popular destination for boaters for conveniently available fuel, food, and ship store. Many built-in customers own a condo in a development next door to the marina. While the marina is on Corp of Engineer property, it owns real estate fronting on the lake that should enable an owner to sell in the future and use a 1031 Exchange. There is additional leased land for overflow parking. Every weekend features live stage entertainment.

Investment Highlights
Located on the South End of Kentucky Lake
Direct Access to the Gulf of Mexico by The Ten-Tom
Very good Local Customer Population
Steady and Consistent Occupancy and NOI Growth
Well Protected Wave Attenuation
Address Map
United States

The Breakers Marina

526 Shramrock RD, Buchanan, Tennessee 33558

Basic Details
Status : Available
Price : $4,932,000
Listing Type : Public
Wet Slips : 137
Ownership : Fee Simple
Country : United States
State : Tennessee
City : Buchanan
Listing Broker : Jennifer Stein Real Estate, Inc.
Listing Broker Name : Jennifer Stein
Listing Broker License : TN - 332901
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Jeff Spilman
Leisure Investment Properties Group, LLC
17539 Darby Lane, Tampa, FL 33558
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17539 Darby Lane | Tampa, FL | 33558

(813) 269-1144

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