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Default Boats for the middle class.....


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On Thu, 29 Nov 2007 09:04:18 -0500, Gene Kearns
wrote:

On Wed, 28 Nov 2007 19:57:46 GMT, penned the following
well considered thoughts to the readers of rec.boats:


|
|That is clearly not what is happening around here, Bill. Up until this
|year, the "trailer sized" slips were all occupied, and there were
|waiting lists. Those smaller slips were mostly vacant this year. It
|was a huge and abrupt change.
|

Same here.

I wonder if the $350/mo minimum plus utilities had anything to do with
it?

I store within .5 mile of the ramp, but I won't pay $350+ for a hole
in the water..... even though it isn't nearly as convenient.


No, the price of slips hasn't suddenly shot up at my Marina. The price
of fuel, however...

At my marina, boats under 20 feet pay a lower rate than the bigger
boats. I think last season they were paying about $50 or $55 a foot
for the 6 month season. I was paying twice that, which around here is
still on the low side. They get the cheaper rate mostly because those
smaller slips are in shallow water that would otherwise be of no use
at all.


You people are fortunate to have such reasonable slip prices.
Around here, (MA) a slip costs double that, at a minimum. Scituate's town
owned marina is over $100 per foot and that harbor's private marinas are at
least $125 to $130 per foot last time I checked.

Down here on the Cape the slips are $175/ft or more although there are a few
cheaper in some less desireable areas. Some marinas charge by the actual
boat LOA, some charge by the slip's capacity.

That's why we bought the slips rather than lease them. The market value of
the slip the Navigator is in has more than doubled since we bought it 6
years ago and there's a waiting list of buyers should we ever sell it. We
also get paid 85% of collected slip fees for transient boats that use the
slips if our boat is not in it. My son bought a slip even though he does
not own a boat. It's purely an investment and every fall he gets a check
for over 5K from the marina. When the time comes that he sells the slip,
he'll get a decent return plus will have collected the 5k every year he
owned it.

Although we pay no slip fees, we *do* pay a yearly fee for maintenance,
water and electricity.
So far those fees have been around $1400-$1600 for the season. If I leased
the slip we have the Navigator in, our seasonal cost would be just short of
$10k.

Eisboch


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Default Boats for the middle class.....

On Thu, 29 Nov 2007 10:09:18 -0500, "Eisboch"
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wrote in message

SNIP
At my marina, boats under 20 feet pay a lower rate than the bigger
boats. I think last season they were paying about $50 or $55 a foot
for the 6 month season. I was paying twice that, which around here is
still on the low side. They get the cheaper rate mostly because those
smaller slips are in shallow water that would otherwise be of no use
at all.


You people are fortunate to have such reasonable slip prices.
Around here, (MA) a slip costs double that, at a minimum. Scituate's town
owned marina is over $100 per foot and that harbor's private marinas are at
least $125 to $130 per foot last time I checked.

Down here on the Cape the slips are $175/ft or more although there are a few
cheaper in some less desireable areas. Some marinas charge by the actual
boat LOA, some charge by the slip's capacity.

That's why we bought the slips rather than lease them. The market value of
the slip the Navigator is in has more than doubled since we bought it 6
years ago and there's a waiting list of buyers should we ever sell it. We
also get paid 85% of collected slip fees for transient boats that use the
slips if our boat is not in it. My son bought a slip even though he does
not own a boat. It's purely an investment and every fall he gets a check
for over 5K from the marina. When the time comes that he sells the slip,
he'll get a decent return plus will have collected the 5k every year he
owned it.

Although we pay no slip fees, we *do* pay a yearly fee for maintenance,
water and electricity.
So far those fees have been around $1400-$1600 for the season. If I leased
the slip we have the Navigator in, our seasonal cost would be just short of
$10k.

Eisboch

It is threads like these that make me glad to be inland. First, I am
lucky to not pay anything for storage, ramp or dock space as my
mother's house is on the Ohio river and the next three properties are
owned by family. We keep our own private docks and have our own ramp.
However, even those that don't have this luck don't pay anything like
those costs. My brother owns a property along the river that he has
developed into campsites. A river frontage campsite with about 50' or
so of river frontage goes for $600 per year, including electricity for
the spring, summer and fall. People put small trailers on the lots and
build decks and docks ( of whatever length they desire). A couple
years or so and the cost difference for even a small 18 to 20 foot
boat would pay for the trailer, deck and dock. No swanky clubhouse, no
water or sewer(there is a restroom available on site), but no crowds
and no rules to speak of (hell you even get to bring in gas/diesel in
cans if you don't want to use the marina pumps just down the river).
Probably wouldn't fit the lifestyle of many here and he difinitley has
no $500,000 yachts parked there, but would work for me if I didn't
have "mom's place".

Dave Hall
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Default Boats for the middle class.....

Eisboch wrote:


That's why we bought the slips rather than lease them.


Out of curiousity, What did the slip cost to buy?

-- Charlie
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As I said, I'm paying around $100 a foot. The Marina next to mine gets
about $140 a foot. I'm not really in a "cheap" area, I'm just at an
old fashioned mom & pop marina, where most of the tenants have been
here for a long time, and it's sort of like a big extended family. You
need an introduction to get a slip here. It's a special situation.
When "mom & pop" finally retire and sell the place, I'm sure the next
owners will do things much differently. The only bright spot is that
due to the physical location and lack of city sewers, the land is not
a candidate for condos or even multiple houses. It pretty much has to
remain a marina.



Do they have pumpout and/or hauling facilities with power washing service?
If so, they would be well advised to keep a low profile. The EPA is
enforcing some pretty strong requirements on marinas up here and it appears
that if an owner files for a permit for expansion or improvements, they show
up on the radar screen and will be visited.

They guy that owns the marina I am in filed for permits for a major
renovation of the facilities including a 1 million dollar sewerage treatment
plant that some local home owners would also be able to tie into. His
application was initially refused thanks to conservation lobbiests, but I've
heard that some town fathers are now in support of the plans because it will
also benefit local home owners.

Meanwhile, the EPA showed up and decided to require the marina owner to dig
trenches (in existing dirt/sand), install drainage pipes, refill with new
gravel/fill/sand and then plant shrubs in the drainage areas. What's screwy
is that the water will still eventually drain to the same places that it did
naturally before the changes, after seeping (and filtering) through the
original dirt and sand. I was told this little requirement has a price tag
of $100k.

To his credit, the marina owner is proactive about these things and also
installed a pit, sump pump and huge filtration system to process the water
used for powerwashing the boat hulls.

As the EPA makes their rounds, I think some of the older marinas will have
to close due to the costs associated with meeting EPA requirements.

Eisboch


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