Boat Slips | Win a Free Slip! | A Smart Investment

Boat Slip Demand on the Rise

As more and more marina proprietors sell out to condominium and resort developments, boat slips are becoming an increasingly scarce and valuable commodity. And the demand for water access and recreational boating is only going to increase.

Market values for private boat slips in the region have skyrocketed by as much as three to five times over in just the past few years. There could soon come a time when boating enthusiasts will no longer be able to find boat slip facilities on Topsail Island available at any price. Purchasing your slip will secure access to the water for you and your family, while also allowing you to invest in an appreciable asset.

In addition to being an appreciable asset on its own, a Beach House Yacht Club boat slip may even increase the value of your other real estate. Offering a boat slip property along with the sale of a nearby home has the potential to enhance the market appeal of the combined package.

Other local area marinas that have converted to private slip sales include Seapath Marina (1978) and Bradley Creek Marina (1980), both in Wrightsville Beach, and Inlet Watch Marina (1985) in Wilmington. All have seen significant increases in value.

"Three years ago, a spot in one of Creekside's storage sheds with quick access to Bradley Creek would have set you back between $18,000 and $45,000. Today they range from $90,000 to $159,000 - and that's if you can find one for sale... Such appreciation is dazzling, but far from unique. Soaring demand for waterfront property has turned coastal marinas from Southport to Scotts Hill into hot commodities, pushing price tags for docks and dry storage to ever higher levels."
- Wilmington Star-News, October 16, 2006

Slipping away: Water access for boaters often comes at a high price (if you can get it) - Download Article Now