Four Mile River Marina is a marine opportunity on the New England Coastline located about halfway between New York and Boston, and approximately 45 minutes from both New Haven and Hartford. The marina offers 94 permitted wet slips, a boat ramp, on-site fuel, shop, repair, & storage building, land storage for boats & trailers, customer bathrooms & shower, a 2 bedroom 1 bathroom ranch that is currently rented, and a 4 bedroom 3 bathroom colonial. The marina has been well maintained in terms of infrastructure and DEEP compliance and has had a number of recent capital improvements. The marina has a strong slip rental history. This is a great marina opportunity for an owner/operator who wants to live on-site. Alternatively, both homes could be rented instead to increase revenue potential. Nestled between Rocky Neck State Park and Point O' Woods beach community, the marina is situated on the Four Mile River in Old Lyme which offers increased protection from most inclement weather coming off the Long Island Sound. The marina is a convenient departure for day trips to the nearby Thimble Islands, the Connecticut River (Essex, Hamburg Cove), Thames River (Mohegan Sun Casino, New London), Mystic Seaport, Fishers Island, Orient Point, Port Jefferson, and many other boating destinations. It is also an excellent departure for trips to Block Island, Newport, Cape Cod, Martha’s Vineyard, Nantucket, and many other ports on the shorelines of CT, RI, MA, and NY. Comprehensive property information packet: https://bit.ly/FourMileRiverMarina_OfferingMemo

NOI: $146,000

Pro Forma NOI: $175,000+