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Orcas Island, WA

Deer Harbor Marina

Transformed an overshopped Marina investment into a directly marketed investment offering.

Posted In — Success Stories |
"Class A"
marina development
$4,400,000
Sale

Project Outline

Kidder Mathews received the exclusive disposition assignment for this “Class A” marina development project located in the northwest corner of Orcas Island. The owner/developer of the project, due to family estate issues, had been trying to sell the marina project independently for over a year. Kidder Mathews devised a customized marina and resort owner prospect list for this assignment that included over 3,000 entries throughout the United States and Canada. The property sold for $4.4 million to a California-based marina owner/manager.

Results

Kidder Mathews transformed an overshopped marina investment into a directly marketed investment offering that generated a large amount of inquires from all over the United States and Canada.

Kidder Mathews had close participation in what turned out to be a complicated due diligence and financing process for the buyer and pushed it toward a successful closing of sale.

Services Provided

Kidder Mathews created a sale that satisfied the needs of the seller’s family estate, where prior the seller had met with no success in his direct marketing efforts.

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