Marina Market Insights
The marina industry faces unique challenges, with some locations experiencing low occupancy due to economic weakness and poor maintenance. Valuation typically relies on cap rates, with smaller assets trading around 7-8% and larger ones closer to 6%. Despite economic downturns like the financial crisis and Covid, occupancy rates have remained surprisingly stable, showcasing the resilience of these assets in tough times.In this clip
From this podcast
Business Breakdowns
The Marina Industry: Building Moats, Storing Boats - [Business Breakdowns, EP.170]
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