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Southern Marinas Adds to its Portfolio

1_Southern Marinas_Tims Ford Marina

Southern Marinas Holdings II announced that it acquired Tims Ford Marina and Resort in Winchester, Tenn.

Southern Marinas traces its roots to Tennessee, where more than 20 years ago the company acquired its first marina. Southern Marinas Holdings II is a partnership between a Denver-based private investment firm and Southern Marinas.

2_Southern Marinas_Tims Ford

“To have an opportunity to return to the state where our company began is truly exciting,” Gary Rosmarin, principal with Southern Marinas, said in a statement. “Tims Ford Marina and Resort is a beautiful facility, and we are looking forward to further enhancing the amenities, services and overall experience for our members and guests.”

The marina is on Tims Ford Lake, a 10,700-acre impoundment with more than 265 miles of shoreline. It includes covered slips, RV sites, lakeside cabin rentals, a fuel dock, a ship’s store, a Freedom Boat Club franchise and a year-round restaurant.

This is Southern Marinas’ seventh acquisition this year. By year’s end, the company’s portfolio will include 11 marina and resort properties.

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