Aerial view of Port Royal Landing Marina marina in Port Royal, SC

Port Royal Landing Marina

Port Royal, SCNov 2021

$20.3M

Location

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Price

$20.3M

Location

Port Royal, SC

Date

Nov 2021

Type

Acquisition

Buyer

Seller

Slips

167 slips

Price/Slip

Deal Details

Not a marina deal — a land play. Safe Harbor paid $20.3M for 300 acres including the former South Carolina State Ports Authority terminal from Grey Ghost Properties. Only 50 acres are buildable; the rest is marsh.

Existing marina has 160 slips. Master plan calls for a new 140-slip marina, 150 dry storage spaces, hundreds of housing units, retail, restaurants, and a public park. At $68K per acre for 300 acres of waterfront.

Per SEC filing (SUI 10-K FY2021).

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Frequently Asked Questions

When did Port Royal Landing Marina sell?

Port Royal Landing Marina in Port Royal, SC closed a marina acquisition in Nov 2021.

What are recent marina sales in South Carolina?

There have been 3 tracked marina transactions in South Carolina, including Port Royal Landing Marina and Shem Creek Marina. View all South Carolina marina deals at marinadealflow.com/deals/state/sc.

Where can I find marina transaction data?

Marina Deal Flow tracks marina sales, acquisitions, and listings across the United States. Pro members get access to buyer, seller, pricing, and cap rate data on every transaction.

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