Lee's Ford Marina
Special Purpose | 37,732 SqFt
Marketing description
Lee's Ford Marina on Lake Cumberland offers a premier waterfront experience in the heart of Kentucky's most sought-after boating destination. Conveniently located near Somerset's dining, entertainment, and recreational attractions, the marina provides direct access to the lake's vast cruising waters and scenic coves. Its central position within the Lake Cumberland region offers unmatched accessibility—just minutes from major highways and regional airports—making it an ideal home port for both weekend boaters and long-term lake enthusiasts.
The Colliers Leisure Property Advisors team is pleased to exclusively offer for purchase the renowned Lee’s Ford Marina, a premier full-service marina located on the scenic shores of Lake Cumberland, Kentucky.
Lee’s Ford Marina presents a rare opportunity to acquire a leading marina in one of Kentucky’s most popular recreational destinations. Ideally positioned on Lake Cumberland—often called the “Houseboat Capital of the World”—the property features nearly 1,000 covered and uncovered wet slips, a fuel dock, ship store, boat and houseboat rentals, lodging and cabin accommodations, and a full-service waterfront restaurant.
Operating under a long-term lease with the U.S. Army Corps of Engineers, the marina accommodates vessels up to 100 feet and serves a loyal customer base of both local and regional boaters.
With strong demand, limited supply of premium marinas, and opportunities for slip expansion and upland development—including potential RV and cabin resort components—Lee’s Ford Marina offers investors a unique blend of stability, scale, and growth potential in one of the Midwest’s most sought-after boating markets.
CA Link: https://image.usa.colliers.com/lib/fe2e11717164047b721c72/m/1/Lees+Ford+-+CA.pdf
Investment highlights
- Lee's Ford Marina is strategically positioned on one of the largest and most popular recreational lakes in the Eastern U.S., as such the marina benefits from strong regional tourism and year-round boating activity.
- The storage-centric operation at Lee's Ford Marina ensures consistent and reliable cash flow, supported by long-term slip rentals and seasonal boat storage contracts. This dependable income stream is a cornerstone of the marina's financial performance and investment appeal.
- With nearly 1,000 slips, Lee's Ford Marina stands out as one of the largest inland marinas in the region. This exceptional scale offers operational efficiencies associated with larger facilities. The combination of size, infrastructure, and strategic location on Lake Cumberland makes Lee's Ford Marina a rare and valuable asset in the marina investment landscape.
- Lee's Ford Marina offers multiple growth avenues, including plans to expand premium slips and add cover existing houseboat slips. A RV resort has been conceptualized and engineered for the uplands, and future plans for cabins and floating home expansion on the island provide additional income potential in the coming years. These initiatives position the marina for long-term value creation.
- Projected Year 2 NOI (first year with RV park) is estimated to be $3,794,000 on $6,410,000 in gross revenue.
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