Off the Hook Yachts Acquires Sloop Point Marina

Off the Hook Yachts has acquired Sloop Point Marina, a boat storage facility in Hampstead, North Carolina.

With 235 dry slips, the dry storage facility will transition back to a leasing model under the new ownership. Last year, Sloop Point Marina began offering its slips for sale, and about 90 in total were sold, according to an Off the Hook Yachts release. Owner Jason Ruegg plans to remove the remaining slips from the market to be leased.

Financial details of the sale were not available as of press time.

Founded in 2018, Sloop Point Marina offers 25- and 30-foot dry rack storage spaces and an on-site market stocked with supplies and refreshments. Mobile fueling, two lifts, and other amenities are also available to members at the facility, which fronts the Intracoastal Waterway.

In the future, the new ownership plans to add full service, boat sales, and potentially a restaurant. Slip holders will receive a fuel and service discount, the release stated.

Off the Hook Yachts operates two other North Carolina marinas, Sawmill Point Marina and Cape Fear Marina in downtown Wilmington.