Bass River Marina, Cape Cod, Massachusetts

Property Description

This is a rare opportunity to join in a Tax Free pension product for US investment.
This product is being released on 22nd February

Opportunity
The Yacht Club is offering investors and boat owners alike a rare opportunity to own a piece of a Cape Cod marina through a fully assignable life time membership. This investment is open to pension and non pension investors. In order for this to qualify as a tax free investment, membership bought by an investors pension preclude the owner from using the membership for personal use but allows the owner to lease the membership to a boat owner. Investors using non pension funds to purchase a membership can choose to lease or use the membership for their own personal use.

The Marina
A complete marine facility featuring 160 slips with power and water, ship store, on site waterfront dining, full marine service facility, fuel dock, pump out station, 90 valet service rack spaces, and more. Transient slips are available all season.

Rental/Leasing
Marina occupancy remains at 100% throughout Massachusetts and Cape Cod. These rental rates have been increasing since the 1990s with overall average at nearly 175 dollars per linear foot.

Features of Investment
Tax Free Pension Investment - Strong Capital Growth Projected
Gross Yield 6.5% Net Yield - 5.5% Significant Local Demand
Strong Rental Growth Projected - Very strong Resale Market
All rent paid Yearly in advance - Membership resale at Market Price

Bass River Marina is located directly on the beautiful Bass River in the heart of Cape Cod, Massachusetts. Founded in 1958 the Yacht Club sits on 6.3 acres of prime Real Estate in this highly sought after area of West Dennis on the southern shores of Cape Cod. Located a short distance from Martha’s Vineyard and the Island of Nantucket this affluent setting is home to thousands of Boat Owners.