Marina properties may vary widely in size, description, type
and location. Some Marinas have only wet slips while others only have dry
slips. Those located at the ocean will have different values than those on
freshwater lakes. Some have buildings and others are merely docks with
designated, in water slips. The depth of the water in a marina is a factor
which can significantly affect value. Some Marinas are full service containing
fuel docks, storage buildings, restaurants, bars, boat service and repair
areas, and office space. The factors listed herein can have a material affect
on the value of a Marina. Due to the many variables, an
inexperienced Marina Appraiser will likely not have the skillset to properly
develop a creditable appraisal report.
We at ELLIOTT® have lots of experience being around Marinas
and appraising them. We understand the attributes of a Marina that effect
value. Our firm is prepared to apprise Marinas anywhere in the United States
and internationally in some locations.