I am not giving out the location until I purchase or drop the park. However - It is currently doing $85 a month in the summer and keeps all 20 spots full. Half full at $70 the rest of the year.
There are no other amenities than just a dock with 110 power at the slips. No gas or anything else.
This is around average on this lake.
Total income is at $14,000 for the year. When I was asked for expenses on the dock I was told just the electric bill and they handyman has to occasionally purchase nuts and bolts. The dock is only 10 years old and metal.
I have to assume there is a higher cost than a few dollars a year.
How would you value this dock?