lake of the ozarks full service marina · 2019. 5. 14. · effective age estimate 5. foundation...

For More Information Contact:

Eddy A. DingmanReal Estate/Marina Business Broker

+ 847 987 6626 Direct || + 781 810 9653 [email protected]

Lake of the Ozarks Full Service Marina

National Golf & Marina Properties GroupColdwell Banker Commercial NRT

For Sale or Lease with Option to Purchase

Turnkey Operation

PRICE REDUCED!

Rebel Harbor Marina || Lake of the Ozarks, MO

Disclaimer Statement

The information contained in this Offering Memorandum (“Brochure”) is confidential and is provided for the sole purpose of allowing persons to evaluate whether there is interest in proceeding with further discussions with the Owner regarding a possible transaction with respect to the subject property (the “Property”). The information contained herein shall not be photocopied or disclosed to any other party and shall not be used for any other purpose. If the person receiving this Brochure does not elect to pursue such a transaction, same person agrees that this material is to be returned to National Golf and Marina Properties Group – Coldwell Banker Commercial NRT (“Broker”).

Neither the Owners, nor Broker, nor any of their respective officers, directors, partners, employees, agents or affiliates, assume any responsibility or make any representations or warranties, whether express or implied, by operation of law or otherwise, with respect to the Property or this Brochure or any information or statements (including financial statements and projections) contained herein or relating hereto, including but not limited to the accuracy or completeness of such information or statements and the condition, quality or fitness of the Property. Such information and statements have in many circumstances been obtained from outside sources, have not been tested or verified and may be subject to errors or omissions. Projections, in particular, are based upon various assumptions and subjective determinations as to which no guaranty or assurances can be given.

Without limiting the foregoing, in the event this Brochure contains information relating to asbestos or any other hazardous, toxic or dangerous materials in relation to the Property, such information shall in no manner be construed as creating warranties or representations, express or implied, by operation of law or otherwise, by any party, as to the existence or non-existence or nature of such materials in, under, on or around the Property. Potential investors must perform their own examination and investigation of the Property and information relating to the Property and in its operations, and shall rely solely on such examination and investigation and not on this Brochure or any information or materials contained herein or otherwise provided in making their decisions on whether to proceed with a transaction. The Property are being sold “as is” by the respective Owners, without representation or warranty as to condition or profitability.

The only party authorized to represent the Owners of the Property is Broker, and Owner shall not be obligated to pay any fees or commissions to any other advisor, broker or representative. Any party entering into a transaction with Owner shall be obligated to pay any fees or commissions due any advisor, brokers or representatives, other than Broker, dealing with such a party.

This Brochure is provided subject to prior sale or lease, change of price or terms and other changes to the materials, statements and information contained herein or relating to the Property, and is subject to withdrawal, all without notice or liability. In no event shall the delivery or receipt of this Brochure be deemed to create any legal obligation to enter into any transactions with respect to the Property, and only a definitive agreement signed by all parties shall create a binding commitment to enter into a transaction.


Table of Contents

Executive Summary

Broker Opinion of Value

Site Description

Building Improvements

Property Photographs

Location map & Aerial

Contact Information

1.

2.

3.

4.

5.

6.

7.


Executive SummaryI 1.

Rebel Harbor Marina is located at 34501 Rebel Road in Stover, MO, situated on the most

visited body of water by tourists in the nation. The turn-key operation is ready for immediate

occupancy. The property includes the following:

7,200 Sq Ft Shop Area

48 Slips in Docks

Gas Pumps

2500 gallon tank - Spring and Fall it is filled as needed. Summer months it is filled weekly.

Private boat dock for owners located just off of the house

Most equipment (see equipment list)

Inventory & supplies (EXCEPT Owner's Personal Tools, Gun Safe & House Furniture)

Could be a resort feeling if cabins/campground were offered in the 8.37 acres with water views (see campground aerial)

The Marina stores approximately 110 boats in winter. 2nd Tier has pedestals for RV parking, road & dirt work is in, Plans for shower house & rest of campground. 3 Bedroom, 2 Bath Manufactured Home with Screened Porch & Carport included.

Located in the heart of Missouri, Lake of the Ozarks offers a wide variety of recreational activities & lodging that can fit anyone' s budget. Fishing, boating, golf, shopping, fine dining, state parks, lodging ranging from luxury resorts to campsites, waterfront accommodations & restaurants, nightlife and many entertainment venues all work together to make your Lake of the Ozark experience truly unique. The lake has a surface area of 55,000 acres and over 1,150 miles of shoreline.

The Marina is being offered for a sale price of $965,000

Marina can be sold with or without the additional land (8.37 acres)


Broker Opinion of ValueI 2.

Rebel Harbor Marina is located on the most visited body of water by tourist in the nation. “Lake of the Ozarks”, and is one of the cleanest bodies of water in the United States.

The marina is known for its advanced mechanics shop & service, and is a certified MerCruiserdealer. The current owners are retiring after 15 years of owning and establishing Rebel Harbor Marinas’ reputation.

Owners will assist with new owners in a smooth transition/sale of marina & business.

Rebel Harbor could be one of the largest & most profitable full service marinas on the Lake of the Ozarks. It can potentially create a resort type atmosphere with the 8.37 acres of land plotted for a campground / cabins with showers & restrooms. This property is across the road from the lake and marina but does have water views.

Rebel Harbor Marina has been SBA & USDA approved by lender for funding to qualified buyers. (Broker has information, contact for further information.

Building Strengths Building Challenges

50 slips could expand another 50-60 slips

Has access to do in & out service (currently not doing)

Gas Dock

Full service mechanic shop

Ship store/supplies/food etc.

Good location on water

Expansion possible for buildings to go upwards

Expansion for new covered docks

Beer & wine sales

Parts department

Pump out Station

Brokerage of used boats

Could & should add rental fleet. Pontoons, wave runners, kayaks, etc

Newer and more signage needed

Fresh gravel needed by marinas for parking

Paint buildings all one color, gas tank & miscellaneous items, rails to docks etc.

Quicker turnover of service department with repairs

New boat or pontoon sales needed.

Expand brokerage dept. of used boats

Start rental fleet, couple fishing boats, pontoons a must & wave runners a must.

STRENGTHS CHALLENGES


Site DescriptionI 3.

Site Area 10.24 Acres, 1022' of Lake Front (Assessor & GIS Scale)

Zoning None

Topography Gentle to Moderate, Slopes to Lake

Size Small Acreage Tract

Shape Irregular - Average

Drainage Appeared Adequate.

View Lake, Residential, Commercial - Typical

Landscaping Minimal- Typical

Drive/Parking Gravel Roads

Easements Road, Utility - No Adverse Noted

Flood Plain Lakefront Property - See Comments

Street Asphalt Paved I Municipal Maintenance I Average

Curb/Gutter None - Typical

Sidewalk None -Typical

Street Lights Dusk to Dawn - Typical

Alley None – Typical

The subject consists of a 1.87 acre lakefront tract which is a peninsula. This tract has the most improvements. Additionally 8.37 acres with one storage building lies across the road. The two tracts are not contiguous, however are considered very close separated by approximately 250 ' along Rebel Road and is separated by one commercial property as visible on the attached GIS map.

A road has been roughed in on the off-lake acreage, and according to the borrower will be a future RV park, which will be complimentary to the marina business. The land will require substantial site preparation, utilities and amenities.


Site Description – Equipment ListI 3.

The following is a brief description of the outside Equipment/Tool List:


Building ImprovementsI 4.

Shop I Store

Design Steel Frame I Metal Siding & Roof

Construction Low Cost - Class S - Industrials, Light Manufacturing

GBA 7,200 Sq. Ft.

Effective Age Estimate 20

Foundation Concrete Slab

HVAC Propane Space Heaters in ShopFWA I CA in Store

Comments: The shop I store building is the subject's main improvement. Of the 7,200 total sq. ft., 1,340 sq. ft. is finished with low cost retail including 2 bathrooms. Another 210 sq. ft. is shop office. The remaining 5,650 sq. ft. is open shop area. There is one sliding door and one roll up door. Additional features include storage above the store, a 20' x 10' walk-in cooler which is not operational and a 10' covered patio along the south side of the building. The county does not have records of the actual age of the improvements.

Storage Building A

Design Steel & Wood Frame I Metal Siding & Roof

Construction Low Cost - D Pole- Boat Storage Building

GBA 12,480 Sq. Ft.


Foundation Concrete Piers, Gravel Floor

HVAC None

Comments: Storage Building A is just north of the shop. It measures 60' x 208' It has 3 sliding doors, and minimal electric. The supporting frame is steel poles with wood rafters and purlins.



Storage Building B

Design Wood Frame I Metal Siding & Roof

Construction Low Cost – D Pole – Boat storage Building

GBA 7,200 Sq. Ft.



HVAC None

Comments: Storage Building B is north of the shop, and west of Building A. It measures 60’ x 12’ and has two (2) sliding doors. The building is pole frame with metal siding and roof.

Storage Building C


Construction Low Cost – D Pole – Boat Storage Building

GBA 9,180 Sq. Ft.



HVAC None

Comments: Storage Building C is south of the shop. It measures 60’ x 153’ and has two 92) sliding doors. The building is pole framed with metal siding and roof.



Off-Lake Building


Construction Low Cost – D Pole – Boat Storage Building

GBA 6,960 Sq. Ft.



HVAC None

Comments: The Off-Lake building is located on the north off lake acreage. It measures 60’ x 116’ and has one (1) sliding door. The building is pole frame with one (1) metal sliding and roof..

Manufactured Home

Design Single Section Manufactured

GLA 1,036 Sq. Ft.


Foundation Pier & Skirting / Average

Exterior Walls Plywood Sheeting - Average

Windows Single Hung - Typical

Floor Cover Vinyl & Carpeting - Average

Interior Walls Drywall & Paneling - Average

Roof Gabled, Composition Shingles

HVAC FWA / CA - Average

Comments: The Owners home sits to the west of the shop overlooking the lake. It is a 3-bedroom, 2-bath home. It appears well-maintained, however most short and long-lived items appear original. The home has a screened porch measuring 15’ and 16’ and a carport measuring 26’ x 29’.



Additional Improvements

• Lean To Storage - Low Cost Open Pole Construction Corrugated Siding Totaling 1,800 sf.

• Boat Docks

8 Slip- 20' x 26'- Each slip can accommodate two boats - Average Condition

30 Slip- (4) 10' x 26', (16) 10' x 25', (10) 14' x 35'- Fair Condition

7 Slip- 10' x 28' open slips- Fair Condition

3 Slip 24' x 30' & Two Gas Pumps- Fair Condition

339.503 (7) (a-c) of the Revised Statutes of the State of Missouri (RSMo), boat docks may be legally defined as "real property" subject to the following conditions:

(a) The lender includes the boat dock as a fixture both in the lender's deed of trust and a uniform commercial code fixture filing under section 400.9-502,RSMo;

(b) The boat dock is attached to the real property by steel cable, bar, or chain that is permanently imbedded in concrete or rock, and otherwise securely attached to the dock; and

(c) The owner of the dock has riparian rights by means of real estate rights bordering the body of water, including such rights by license, grant, or other means allowing access to the body of water, which access may be seasonal because the water may be reduced for electric power production or flood control;


Property PhotographsI 5.


Location Maps & AerialsI 6.



Potential Campground Layout


Contact Information I 7.

Eddy A. DingmanReal Estate/Marina Business Broker

+ 847 987 6626 Direct+ 781 810 9653 [email protected]

www.nationalgolfandmarina.com

lake of the ozarks full service marina · 2019. 5. 14. · effective age estimate 5. foundation...

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