This is a rare opportunity to acquire a successful, long-running, Georgia inland lake marina within close proximity to major population centers.

The 112 covered boat slips are at full occupancy, with a wait list. A new owner can continue to capitalize on diverse profit centers, including covered boat slip rentals, covered single-bay self-service boat storage, outdoor trailered boat storage, a fuel dock, and a restaurant.

There is plenty of value-add upside for a new owner to realize, including wet slip expansion with the addition of 60 covered slips awaiting USACE approval (with no new shoreline infrastructure required).

All improvements are in great condition, with no deferred maintenance issues. Ownership has recently undertaken a major CapEx overhaul, including newly refurbished docks, extensive improvements to the grounds (riprap, concrete retaining walls, concrete paved public areas, and more), a massive outdoor adventure space with nearly an acre of artificial turf play-area, and extensive restaurant renovations including a new outdoor bar and seating area.

Beaverdam Marina sits on 472+/- park-like acres of US Army Corps of Engineers (USACE) land with frontage on lake Russell. The facility occupies only 12+/- acres of developed land, leaving 460+/- acres of undeveloped land for future expansion. The facility is operated under leasehold interest via a sublease from the Georgia Department of Natural Resources – GADNR (“Sublease”), which holds a master lease with the USACE (“Prime Lease”). Lake Richard B. Russell maintains a very stable pool, making dock operations relatively easy. Minimal lake pool fluctuation averages are around 5’.

Highlights

  • 132 Floating Wet Slips
    • Boat slips have electric, water and Wi-Fi
    • Docks are newly refurbished and in great condition (all encapsulated foam flotation)
  • Fuel dock offering ethanol-free gas
  • Slips are at full occupancy, with a wait-list
  • Slip expansion upside (60 additional slips)
  • Beautiful restaurant and ships store building
  • Over 400 acres of undeveloped wooded waterfront area for future expansion
  • Singles-story, self-service, dry boat storage building with repair shop
  • Outdoor trailered boat storage yard
  • Private boat ramp and bathhouse
  • No deferred maintenance
  • Operated on government leasehold land
  • Located on USACE leasehold land and operated under a Georgia Department of Natural Resources (GADNR) sublease, which holds master lease with the USACE.

For NDA and Executive Summary:

Beaverdam Marina and Adventure Center

For more information, contact: team@simplymarinas.com  |  305-390-0397 | simplymarinas.com

Co-listed  by Simply Marinas in cooperation with

Gray Meadow, LLC

1161 Hearthstone Way

Athens, GA 30606

phone: (239) 872-1220

rdietz@graymeadow.com