10 Boat Slips For Sale ~ Madisonville, LA

Special Purpose for Sale
Catylist Listing ID: 30163358
Property Subtypes: Marina
Building Size (RSF): 99,999 SF
Gross Building Area: See Agent
Sale Price: $12,000 - 100,000
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/3/2017

Overview / Comments

~ Rare Investment Opportunity ~
- 10 Boat Slips For Sale in Tchefuncte Harbor Marina on the Tchefuncte River in Madisonville, LA
- The Tchefuncte River is designated as a "natural & scenic river." The location of this marina is minutes to Lake Pontchartrain. You will be in a prime location to enjoy all that Madisonville has to offer - waterfront restaurants, fishing, Wooden Boat Festival, etc.
- Each slip is 15' x 49' and vessel is allowed to extend 4' past end of slip (49' measurement includes half of the center walkway of the marina - Each slip can accomodate a 42' vessel)
- Electricity is available to each slip
- Ownership in the Tchefuncte Harbor Marina requires a $50 / month owner's fee which includes use of the association swimming pool & tennis courts, clubhouse with kitchen and showers
- Slips purchased by December 31, 2017 (closing date deadline) are exempt from the monthly owner fee until a boat is placed in the slip, which makes this a great time to buy! Basically "risk-free" investment that requires only minimal property insurance until the slips are leased and income-producing, at which time the monthly fee begins.
-Seller would prefer to sell all 10 slips as a package (list price $100,000), but will consider selling individual slips for $12,000 each.
- See attachments for marina plat and covenants & restrictions.
- Contact agent Deborah Howard for additional information - 504-621-7032

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Property Located Between: Hwy 22 & Tchefuncte River
Largest Nearby Street: Hwy 22
Site Description: Tchefuncte Harbor Townhomes
Parking Description: Gated Lot

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 17,641 57,883
Median Age: 42.77 40.24
Households: 6,662 22,008

Contact

Photograph of Listing Agent

Kellie L Osbon

K2 Realty, LLC Covington, LA 70435
LACDB Member
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