Every indexed document

we are not aware of any ADA issues. However

we rely on discussions with management. Estimated

and re-facing various portions of the marina jettys. Note

11 are considered general office spaces and

652. The large difference in area totals is due to a sigi nifi cant amount of

which is slightly below average but reasonable.

is considered superior based on convenience.

Yacht Haven Grande is the most superior in terms of

but the property is considered to be at stabilized occupancy.

the overall occupancy rate will be lower than other commercial property types such as

the subject marina has experienced an overall occupancy rate of

seasonal and annual basis. The contracted rental rates represent a blend of these rates

sales and services for the pleasure craft

capitalization rates were around 10%. Since May 2014

marina capitalization rates were around 5% to 6%. Post-recession through

with 70% of small marinas reporting occupancy of

the national trends exhibited are generally indicative of movement in all

many marinas went into foreclosure. This created difficulty for

and in turn could sell the boat spaces and then move on to another

these spaces can be either rented (the traditional route)