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OFFERING MEMORANDUM Realtor/Associate D. +18138393800 x3458 M. 813.361.5878 [email protected] KEVIN PLATT Principal D. 813.287.8787 x4 M. 813.417.5928 [email protected] RYAN SAMPSON, CCIM, ALC President, Lic. Real Estate Broker D. 813.287.8787 x1 M. 727.410.9595 [email protected] BILL ESHENBAUGH, CCIM, ALC WESTSHORE YACHT CLUB MARINA 6003 S. WESTSHORE BLVD, TAMPA, FL 33616

WESTSHORE YACHT CLUB MARINA...LOCATION DESCRIPTION Westshore Yacht Club is located at 6001 S. Westshore Blvd. in Tampa, FL 33616. It is ideally located on the water just south of Gandy

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Page 1: WESTSHORE YACHT CLUB MARINA...LOCATION DESCRIPTION Westshore Yacht Club is located at 6001 S. Westshore Blvd. in Tampa, FL 33616. It is ideally located on the water just south of Gandy

OFFERING MEMORANDUM

Realtor/AssociateD. +18138393800 x3458M. 813.361.5878kpp78@hotmail .com

KEVIN PLATTPrincipalD. 813.287.8787 x4M. [email protected]

RYAN SAMPSON, CCIM, ALCPresident, Lic. Real EstateBrokerD. 813.287.8787 x1M. 727.410.9595Bil [email protected]

BILL ESHENBAUGH, CCIM, ALC

WESTSHORE YACHT CLUBMARINA6 0 0 3 S . W E S T S H O R E B L V D , T A M P A , F L 3 3 6 1 6

Page 2: WESTSHORE YACHT CLUB MARINA...LOCATION DESCRIPTION Westshore Yacht Club is located at 6001 S. Westshore Blvd. in Tampa, FL 33616. It is ideally located on the water just south of Gandy

Property Description

Ryan Sampson, CCIM, ALCPrincipal813.287.8787 [email protected]

Bill Eshenbaugh, CCIM, ALCPresident, Lic. Real Estate Broker813.287.8787 [email protected]

Kevin PlattRealtor/Associate+18138393800 [email protected]

BROKER CONTACT INFO

2WESTSHORE YACHT CLUB MARINA // 6003 S. WESTSHORE BLVD, TAMPA, FL 33616

ESHENBAUGH LAND COMPANY // 304 S. WILLOW AVENUE, TAMPA, FL 33606 // THEDIRTDOG.COM

PROPERTY DESCRIPTIONEshenbaugh Land Company in partnership with Smith and Associates as exclusive agents to the seller, are excited to offer forsale the Marina at Westshore Yacht Club, in Tampa, FL. Included in this offering is the existing 149 wet-slip marina (7 of theslips have been sold and pay $150 month for CAM) with approvals allowing for expansion for an additional 68 slips. The slipsrange in size from 40' to 100' offering both floating and fixed docks with water, electric and internet service. 95 of the slips arecurrently leased with a net operating income of approximately $270,000, not including capital expenditures and maintenance.

LOCATION DESCRIPTIONWestshore Yacht Club is located at 6001 S. Westshore Blvd. in Tampa, FL 33616. It is ideally located on the water just southof Gandy Blvd, only 10 minutes for Tampa Airport, the Westshore Business District, Gateway St. Petersburg ,and DowntownTampa. It is home to some of the most expensive residences in Tampa and one of only 3 gated communities in South Tampa,offering ultra security with superior amenities.

WESTSHORE CLUB AMENITYAll marina tenants are required to be member of the Westshore Yacht Club as well at an additional expense. The WestshoreYacht Club amenities include 2 pools, tiki bar, full dining facilities, fitness room, and spa.

TAMPA PORT AUTHORITY LEASEThe property is on a submerged land lease with the Tampa Port Authority through April 2045, if all options are exercised.

PRICEAccepting Offers with a closing required prior to Thanksgiving 2019.

Page 3: WESTSHORE YACHT CLUB MARINA...LOCATION DESCRIPTION Westshore Yacht Club is located at 6001 S. Westshore Blvd. in Tampa, FL 33616. It is ideally located on the water just south of Gandy

3WESTSHORE YACHT CLUB MARINA // 6003 S. WESTSHORE BLVD, TAMPA, FL 33616

ESHENBAUGH LAND COMPANY // 304 S. WILLOW AVENUE, TAMPA, FL 33606 // THEDIRTDOG.COM

Additional Photos

Page 4: WESTSHORE YACHT CLUB MARINA...LOCATION DESCRIPTION Westshore Yacht Club is located at 6001 S. Westshore Blvd. in Tampa, FL 33616. It is ideally located on the water just south of Gandy

4WESTSHORE YACHT CLUB MARINA // 6003 S. WESTSHORE BLVD, TAMPA, FL 33616

ESHENBAUGH LAND COMPANY // 304 S. WILLOW AVENUE, TAMPA, FL 33606 // THEDIRTDOG.COM

Westshore Yacht Club Marina

Aerial Map

Page 5: WESTSHORE YACHT CLUB MARINA...LOCATION DESCRIPTION Westshore Yacht Club is located at 6001 S. Westshore Blvd. in Tampa, FL 33616. It is ideally located on the water just south of Gandy

5WESTSHORE YACHT CLUB MARINA // 6003 S. WESTSHORE BLVD, TAMPA, FL 33616

ESHENBAUGH LAND COMPANY // 304 S. WILLOW AVENUE, TAMPA, FL 33606 // THEDIRTDOG.COM

Slip Plan

Page 6: WESTSHORE YACHT CLUB MARINA...LOCATION DESCRIPTION Westshore Yacht Club is located at 6001 S. Westshore Blvd. in Tampa, FL 33616. It is ideally located on the water just south of Gandy

6WESTSHORE YACHT CLUB MARINA // 6003 S. WESTSHORE BLVD, TAMPA, FL 33616

ESHENBAUGH LAND COMPANY // 304 S. WILLOW AVENUE, TAMPA, FL 33606 // THEDIRTDOG.COM

Financials

Page 7: WESTSHORE YACHT CLUB MARINA...LOCATION DESCRIPTION Westshore Yacht Club is located at 6001 S. Westshore Blvd. in Tampa, FL 33616. It is ideally located on the water just south of Gandy

7WESTSHORE YACHT CLUB MARINA // 6003 S. WESTSHORE BLVD, TAMPA, FL 33616

ESHENBAUGH LAND COMPANY // 304 S. WILLOW AVENUE, TAMPA, FL 33606 // THEDIRTDOG.COM

Site Plan

Page 8: WESTSHORE YACHT CLUB MARINA...LOCATION DESCRIPTION Westshore Yacht Club is located at 6001 S. Westshore Blvd. in Tampa, FL 33616. It is ideally located on the water just south of Gandy

8WESTSHORE YACHT CLUB MARINA // 6003 S. WESTSHORE BLVD, TAMPA, FL 33616

ESHENBAUGH LAND COMPANY // 304 S. WILLOW AVENUE, TAMPA, FL 33606 // THEDIRTDOG.COM

POPULATION 1 MILE 3 MILES 5 MILES

Total population 6,428 50,291 86,372

Median age 35.1 38.8 39.5

Median age (Male) 35.9 37.7 38.4

Median age (Female) 34.8 40.3 40.7

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 3,284 22,538 39,049

# of persons per HH 2.0 2.2 2.2

Average HH income $66,572 $77,382 $91,905

Average house value $214,276 $315,194 $395,743

* Demographic data derived from 2010 US Census

Demographics Map & Report

Page 9: WESTSHORE YACHT CLUB MARINA...LOCATION DESCRIPTION Westshore Yacht Club is located at 6001 S. Westshore Blvd. in Tampa, FL 33616. It is ideally located on the water just south of Gandy

9WESTSHORE YACHT CLUB MARINA // 6003 S. WESTSHORE BLVD, TAMPA, FL 33616

ESHENBAUGH LAND COMPANY // 304 S. WILLOW AVENUE, TAMPA, FL 33606 // THEDIRTDOG.COM

Tampa, FL

Regional Map

Page 10: WESTSHORE YACHT CLUB MARINA...LOCATION DESCRIPTION Westshore Yacht Club is located at 6001 S. Westshore Blvd. in Tampa, FL 33616. It is ideally located on the water just south of Gandy

10WESTSHORE YACHT CLUB MARINA // 6003 S. WESTSHORE BLVD, TAMPA, FL 33616

ESHENBAUGH LAND COMPANY // 304 S. WILLOW AVENUE, TAMPA, FL 33606 // THEDIRTDOG.COM

Location Maps

Page 11: WESTSHORE YACHT CLUB MARINA...LOCATION DESCRIPTION Westshore Yacht Club is located at 6001 S. Westshore Blvd. in Tampa, FL 33616. It is ideally located on the water just south of Gandy

11WESTSHORE YACHT CLUB MARINA // 6003 S. WESTSHORE BLVD, TAMPA, FL 33616

ESHENBAUGH LAND COMPANY // 304 S. WILLOW AVENUE, TAMPA, FL 33606 // THEDIRTDOG.COM

Confidentiality & Disclaimer

regarding the veracity, completeness, or relevance of any financial data or

assumptions. Eshenbaugh Land Company, LLC does not serve as a financial

advisor to any party regarding any proposed transaction. All data and

assumptions regarding financial performance, including that used for financial

modeling purposes, may differ from actual data or performance. Any estimates of

market rents and/or projected rents that may be provided to a party do not

necessarily mean that rents can be established at or increased to that level.

Parties must evaluate any applicable contractual and governmental limitations as

well as market conditions,vacancy factors and other issues in order to determine

rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions

should be discussed by the party with a certified public accountant or tax

attorney. Title questions should be discussed by the party with a title officer or

attorney. Questions regarding the condition of the property and whether the

property complies with applicable governmental requirements should be

discussed by the party with appropriate engineers, architects, contractors, other

consultants and governmental agencies. All properties and services are marketed

by Eshenbaugh Land Company, LLC in compliance with all applicable fair housing

and equal opportunity laws.

Eshenbaugh Land Company is a licensed real estate brokerage firm in Florida and

William A. Eshenbaugh is the broker of record.

All materials and information received or derived from Eshenbaugh Land

Company, LLC its directors, officers, agents, advisors, affiliates and/or any third

party sources are provided without representation or warranty as to completeness

, veracity, or accuracy, condition of the property, compliance or lack of

compliance with applicable governmental requirements, developability or

suitability, financial performance of the property, projected financial performance

of the property for any party’s intended use or any and all other matters.

Neither Eshenbaugh Land Company, LLC its directors, officers, agents, advisors,

or affiliates makes any representation or warranty, express or implied, as to

accuracy or completeness of the any materials or information provided, derived, or

received. Materials and information from any source, whether written or verbal,

that may be furnished for review are not a substitute for a party’s active conduct of

its own due diligence to determine these and other matters of significance to such

party. Eshenbaugh Land Company, LLC will not investigate or verify any such

matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND

DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged

to verify all information and to conduct their own inspections and investigations

including through appropriate third party independent professionals selected by

such party. All financial data should be verified by the party including by obtaining

and reading applicable documents and reports and consulting appropriate

independent professionals. Eshenbaugh Land Company, LLC makes no

warranties and/or representations