Safe Haven Advisors Coordinates Sale of Paradise PointPublished on May 25, 2023
SVN | Safe Haven Advisors has advised the owner of Paradise Point Marina and RV Park on the sale of its marina, restaurant, and RV Park located on Lay Lake in Columbiana, Alabama. The acquirer of the property is the Paradise Point Marine Group, LLC, which brings years of experience in the marine and hospitality industries.
Coordinating the sale for the seller was David Kendall, a founding partner of SVN | Safe Haven Advisors, together with Justin Toomey of SVN | Toomey Property Advisors. As a tandem, Kendall was able to provide expertise on the national marina market and consolidators, while Toomey provided local experience and knowledge to most effectively facilitate the transaction.
Paradise Point Marina has expanded over the past 20 years to now include 57 wet boat slips, 120 dry bays, 31 RV sites, and a full-service 90-seat waterfront restaurant.
Lay Lake is a year-round destination, located between Birmingham and Montgomery in Shelby County Alabama. Its natural landscape along the Coosa River is a draw for swimming, hiking, and prize-winning bass fishing. The array of amenities and facilities offered at Paradise Point Marina distinguishes it from other facilities on the lake.