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#1
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![]() wrote in message ... 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 |
#2
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On Thu, 29 Nov 2007 10:09:18 -0500, "Eisboch"
wrote: 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 |
#3
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Eisboch wrote:
That's why we bought the slips rather than lease them. Out of curiousity, What did the slip cost to buy? -- Charlie |
#4
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![]() wrote in message ... 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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