CROWN POINTE MARINAHayes, Virginia

$1,800,000Full -Serv ice Marina

217 Wet Sl ipsQuick Acces s to Chesapeake Bay

EXECUTIVE SUMMARY

• 21 7 we t s l i ps f o r b oa t s up t o 6 5 ’

• S t r ong a m en i t y pa c ka g e

• Fue l do ck a nd pum p- o ut o n - s i t e

• 1 , 4 4 0 S F h ig h- ba y b oa t r e pa i r b u i l d i ng a nd f e nc e d ya r d

• 11 . 2 a c re s o f u p la n ds

• 11 . 8 % c a p r a t e on $ 2 1 2 ,0 0 0 i n - p l a ce NO I

• T re m e ndo us up s ide in l ea s i ng a dd i t io na l s l i ps a n d a d d in g n e w re v e nue s t re a m s

• 35 mi nut e s f rom Ne wp or t Ne w s a nd W i l l ia m sb urg . 1 . 9 M pe o p le w/ in 5 0 mi le s

• May qua l i f y f o r f a v ora b l e S BA f i na nc in g

Proper ty Information Investment Highl ights

CROWN POINTE MARINA

ANDREW CANTOR - LEAD AGENTInvestment Advisor, Marina DivisionLeisure Investment Properties GroupMarcus & Millichap1100 Abernathy Road, Suite 600Atlanta, GA 30328Tel. (678) 808-2818Andrew.Cantor@marcusmillichap.comLic. GA: BK 287104

MATTHEW PUTNAMNational Marina DirectorInvestment AdvisorLeisure Investment Properties Group4030 West Boy Scout Blvd., Ste. 850Tampa, FL 33607Tel. (813) 387-4725Matthew.Putnam@marcusmillichap.comLic. FL: SL 3199957

BRYN MERREYBroker of RecordMarcus & Millichap REIS7200 Wisconsin Ave., Suite 1101Bethesda, MD 20814Lic. VA: BK 0224215804

Exclusively O VISIT US ONLINE AT:

www.LeisurePropertiesGroup.com

Hayes , V i rg i n iaCr ow n P o in t e Ma r i na i s l oc a t e d o n t h e P e r r in R i ve r i n t he s ou t he a s t s e c t ion o f V i r g in ia ’ s M i dd l e P e nn i ns u l a a nd ju st o f f o f t he Che s a pe a k e Ba y . T he f a c i l i t y is o n ly t en m in ut e s f ro m U .S . Ro ut e 1 7 , t he pr im a ry nor t h - s out h ro a d i n t h e a re a t h at c onn ec t s w i t h I - 6 4 t o t h e s out h . P op u l at i on ce n t er s in t he I - 6 4 Co rr ido r s u ch a s Ne wp or t N e ws a nd W i l l i a ms b urg a re on ly 3 5 mi nut e s a w a y f r om Cro wn Po in t e , wh i l e R ic hm on d, V i rg i n i a ’s Ca p i t a l , i s ju s t ov e r a n hou r . I n t o t a l , 1 . 9 mi l l ion pe op le l i v e wi t h i n 5 0 mi le s o f t he m a r i na pr ov id ing a l ar ge ma r ke t t ha t re m a ins v e ry mu ch u nt a ppe d . F rom a bo a t ing p er s pe c t iv e , t he l oc a t i on pr ov id e s d i r ec t , e a s y a c ce s s t o t he Ba y m a k in g i t id e a l f o r f i s he rm e n, s a i lo r s , a nd p le a s -ur e c ru i s e rs a l ik e . The pr ox i mi t y t o V i r g i n ia ’ s H i st o r i c T r i a ng l e , i nc l ud i ng n e ar by Y or k -t ow n, m ak e s i t a n i de a l d e st i na t i on f o r t r an s ie n t s a s w e l l . P le a s e c ont a c t t he Le a d Ag en t f o r a n O f fe r in g M em or a ndu m de s c r i b in g t h is oppo r t un i t y in g r ea t e r de t a i l .

MARKET OVERVIEW