Southern Marinas Holdings II announced its purchase of Ocean Isle Marina in North Carolina.
“We are fortunate to acquire such a wonderful asset in this vibrant boating community,” Andrew Gendron, principal and chief investment officer with Southern Marinas, said in a statement.
Ocean Isle Marina, located along the Intracoastal Waterway in Ocean Isle Beach, is about 10 minutes from an inlet that accesses the Atlantic. The full-service marina offers year-round storage and transient dockage, with 460 dry and wet slips accommodating boats to 40 feet.
The marina also has a service department, fuel dock, ship’s store and boat rentals.
Southern Marinas Holdings II is a partnership between a Denver-based private investment firm and Southern Marinas.