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Old 11-04-2015, 12:50 PM
Angler Bay Angler Bay is offline
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Join Date: Mar 2010
Location: Sulphur
Posts: 63
Cash: 676
Default New Marina question

I'm permitting a new marina on Kelso Bayou in Hackberry and I need some input . We are considering selling slips as well as leasing slips. The thought here would be that if someone purchased a slip and decided to get rid of it later, he could sell the slip to the next guy and recover some funds vs. just giving up the lease and losing the rent money invested. To purchase looks like it would cost more per month vs. leasing, but you could recover most of it if not all by transferring the slip should you choose to get out. There would have to be some sort of HOA type system set up for maintenance decisions, etc. In your opinions, would there be any interest in ownership vs. leasing or just concentrate on offering the lowest lease rate possible? Thanks in advance.

Sam
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