Simply Marinas Brokers Sale of Tennessee MarinasPublished on December 23, 2021
Simply Marinas has brokered two off-market marina sales in Tennessee through the use of the Simply Marinas’ confidential network. The owner of both Four Corners Yacht Club and Cedar Creek Marina, two of Tennessee’s largest, first-class marina resorts had an established, long-term relationship with Simply Marinas who previously brokered its properties of Grider Hill Marina Resort and Wisdom Dock Marina Resort, both in Kentucky, and Hales Bar in Tennessee.
The owner contacted Simply Marinas to test the waters on a sale in this strong market. Both assets were under agreement within a week.
“I worked with the Simply Marinas team as a buyer and was impressed by their commitment and expertise, and network in the industry. We chose them to represent us in the sale of multiple marinas. They are on top of their game with total dedication to results. Their commitment and dedication are exemplary. They have the finesse and expertise to effectively manage a marina transaction of any size and complexity. They understand the business and have the know-how to close a transaction. I can’t say enough on how capable and resourceful their team is,” he said.
The properties encompass more than 1,550 wet slips, a new, high-end RV park, vacation rental cabins, and a rental fleet. Cedar Creek offers fuel, a restaurant, a ship’s store, and a launch ramp. Four Corners can accommodate boats up to 100-feet in length. Rentals make up its primary income source.