6170 NW Polk City Drive
Polk City, Iowa 50226
saylorvilleDescription
Saylorville Lake Marina is a 130 acre, 394 slip marina opened in the late 1970’s on Saylorville Lake, 10 miles north of Des Moines, Iowa. It is the only marina on the 6,000-acre Saylorville Lake. The Marina is a full-service facility featuring wet slips, dry storage, trailer storage and more.

Improvements
The Marina, acquired in April 2012, was renovated in 2004, and has routinely been leased in excess of 90%. The addition of 100 slips was granted approval. We have added 22 new 40′ covered slips which serve to increase cash-on-cash returns and improve overall value, followed by 18 32-foot slips due to increased demand. The Marina has thus far performed extremely well with total revenues and gross profits above budget. The latest amenities added to the marina include a ship store which has been both a great convenience to our customers and a new income stream for the asset, and most recently a new restaurant was added serving American cuisine with brunch on the weekends.

More Information
Westmount Realty Capital, LLC
Paul Panza
214-884-3722
ppanza@westmountrc.com

Cliff Booth
214-884-3718
cbooth@westmountrc.com

Steve Kanoff
214-884-3704
skanoff@westmountrc.com