Marina Valuation and Advisory
Marinas sell and finance as operating businesses, and we appraise them that way. Slip income, dry storage, fuel, service and leased space are valued together as a going concern, with the value allocated among real property, equipment and business intangibles for lenders, SBA loan programs, buyers and investors.
-
For acquisition, refinance and SBA lending, with the allocation among real property, equipment and business intangibles that lenders require.
-
Multi-marina valuations supporting private equity acquisitions and recapitalizations.
-
Market and financial feasibility for marina-anchored and waterfront mixed-use redevelopment.
-
As-is, upon completion and upon stabilization, supported by a discounted cash flow.
From a working marina to Washington’s premier waterfront
Our founder prepared the feasibility study for the proposed mixed-use redevelopment of Washington’s Southwest Waterfront, an aging marina district the District sought to revitalize, and was involved from the earliest planning stage. The project became The Wharf, built in two phases between 2014 and 2022, and its waterfront address now commands some of the highest office and residential rents in the Washington region.
What drives a marina’s value
Slips and Storage
Occupancy, waitlists, rates per linear foot, and the mix of annual and transient contracts.
Fuel, Service and Ship Store
Margins, staffing, and the permits behind them.
Leased Space
Restaurants, offices and clubs on site, and the leases that support them.
Physical Condition
Docks, bulkheads, dredging, utilities and storm exposure.
Submerged Land and Riparian Rights
State and federal leases, their terms and their renewal risk.
Expansion and Repositioning
Added slips, dry stack and amenities, and the lease-up behind them.
More than 50 marina assignments over nearly three decades
Single marinas and portfolios. Urban and suburban marinas, waterfront redevelopments, and portfolio valuations supporting a private equity acquisition.
Built for the people who rely on the number. Lenders, buyers, owners and investment platforms receive a conclusion they can underwrite, with every assumption stated and every input traced to its source.
Contact us.
info@gpvaluation.com
DC Metro: 1640 Boro Place, 4th Floor, McLean, VA 22102
Northeast Florida: 425 Town Plaza Ave, Suite 230, Ponte Vedra, FL 32081
Northeast Ohio: 1409 W. 10th Street, Cleveland, OH 44113