B&W RESORTMARINA964 BRANNAN ISLAND ROADISLETON, CA 95641
John WilliamsManaging [email protected] #00777607
Michael CohenAssociate [email protected] #02036229
SVN | DELTA GROUP REALTY, INC. | 7599 REDWOOD BLVD, SUITE 214, NOVATO, CA 94945 SALE BROCHURE
OFFERING SUMMARY
Sale Price: $3,000,000
Cap Rate: 5.1%
Cap Rate With Rate Increases 8.9%
NOI: $152,483
NOI With Rate Increases $267,389
Lot Size: 12.55 Acres
Total Cabin Sizes: 9,109 SF
Maintenance Building Size: 2,270 SF
General Store/Snack Bar/Office Size: 2,148 SF
House On Property: 1,804 SF
Boutique 285 SF
Zoning: C-O
Price / SF: $180.28
Rare opportunity to buy highly desirable Sacramento Delta Resort and Marina. The B&W Resort Marina features 100 slips(69 covered) for boats ranging in size from 18’ to 42’; 23 vacation cabins; gas dock; boat launch; snack bar and generalstore.
Rates were raised in April 2019 on the weekly rental rates for cabins with little to no impact on summer 2019 reservations.Upside may still exist in raising boat berthing fees which have remained at the same level for a number of years.
Beloved by generations of families who enjoy the Delta, the B&W Resort Marina is a Delta institution located in the DeltaLoop with direct access to the Mokelumne River, San Joaquin River and greater Sacramento Delta.
The Delta is also a popular site for recreation and is used for sailing, water-skiing, house-boating, fishing, and hunting.The Delta is home to over 100 marinas and 25 yacht clubs. In 2010, over 7 million 'annual visitor boating days' occurred onthe Delta, according to a local government survey.
PROPERTY OVERVIEW
• Current owners open to training new owners
• Included in the sale are two licenses to sell alcohol: One on site Beer license and one off site Liquor license.
Property Summary
B&W RESORT MARINA | 964 BRANNAN ISLAND ROAD ISLETON, CA 95641 SVN | Delta Group Realty, Inc. | Page 2The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
B&W RESORT MARINA | 964 BRANNAN ISLAND ROAD ISLETON, CA 95641 SVN | Delta Group Realty, Inc. | Page 3The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Property Name: B&W Resort Marina
Property Address: 964 Brannan Island Road, Isleton, CA 95641
Property Type: Special Purpose
APN:156-0100-020-0000, 156-0100-015-0000, 156-0090-005-0000,
156-0090-004-0000, 156-0090-003-0000
Lot Size: 12.55 Acres
Building Size (total
for all structures):16,641 SF
Zoning: C-O
Number of Cabins: 23
Property Details & Highlights
B&W RESORT MARINA | 964 BRANNAN ISLAND ROAD ISLETON, CA 95641 SVN | Delta Group Realty, Inc. | Page 4The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
• The only three boat launch site in the area
LOCATION OVERVIEW
Located less than an hour and half from the nearly 8,000,000 residents of the the San Francisco Bay,the Sacramento–San Joaquin River Delta, or California Delta, is an expansive inland river delta andestuary in Northern California. The economic boom the area has experienced has led to an enormouspopulation of residents who not only consider themselves outdoor enthusiasts who love exploring all theBay Area has to offer, but also who have the financial wherewithal to do it.
The California Delta is formed at the western edge of the Central Valley by the confluence of theSacramento and San Joaquin rivers and lies just east of where the rivers enter Suisun Bay. The Deltaconsists of approximately 57 reclaimed islands and tracts, surrounded by 1,100 miles (1,800 km) of leveesthat border 700 miles (1,100 km) of waterways. The southwestern side of the Delta lies at the foothills ofthe California Coast Ranges, while to the northwest sit the lower Montezuma Hills.
Location Overview
B&W RESORT MARINA | 964 BRANNAN ISLAND ROAD ISLETON, CA 95641 SVN | Delta Group Realty, Inc. | Page 5The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
LOCATION INFORMATION
Building Name B&W Resort Marina
Street Address 964 Brannan Island Road
City, State, Zip Isleton, CA 95641
County/Township Sacramento
Nearest Airport Sacramento and Oakland International Airports
BUILDING INFORMATION
Building Size 16,641 SF
Load Factor Yes
Condition Excellent
Number Of Buildings 26
PARKING & TRANSPORTATION
Parking Price $5
Parking Type Surface
UTILITIES & AMENITIES
Power Yes
Laundry on-site
Utilities The B&W Marina is the defacto water department for the marina as well as the homes on Brannan Island Road
Property Details
B&W RESORT MARINA | 964 BRANNAN ISLAND ROAD ISLETON, CA 95641 SVN | Delta Group Realty, Inc. | Page 6The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
B&W Resort Site Map
B&W RESORT MARINA | 964 BRANNAN ISLAND ROAD ISLETON, CA 95641 SVN | Delta Group Realty, Inc. | Page 7The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
A detailed financials package is available with the signing of a Confidentiality Agreement
INVESTMENT OVERVIEW YEAR 1 WITH RATE INCREASES2018
ACTUALS
Price $3,000,000CAP Rate 8.9% 5.1%Total Return (yr 1) $267,389 $152,483
OPERATING DATA
Gross Income $752,101Operating Expenses $599,617Operating Profit $152,438
● The house on the point is currently occupied by on-site maintenance person as a perk and thus collects no rent
Financial Summary 2018 Actuals And Post Rate Increase
B&W RESORT MARINA | 964 BRANNAN ISLAND ROAD ISLETON, CA 95641 SVN | Delta Group Realty, Inc. | Page 8The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Financials: 2018 Actuals And Year 1 With Implemented Rate Increases
B&W RESORT MARINA | 964 BRANNAN ISLAND ROAD ISLETON, CA 95641 SVN | Delta Group Realty, Inc. | Page 9The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Cabin And Berth Unit Counts
B&W RESORT MARINA | 964 BRANNAN ISLAND ROAD ISLETON, CA 95641 SVN | Delta Group Realty, Inc. | Page 10The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Property Square Footage
B&W RESORT MARINA | 964 BRANNAN ISLAND ROAD ISLETON, CA 95641 SVN | Delta Group Realty, Inc. | Page 11The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Additional Photos
B&W RESORT MARINA | 964 BRANNAN ISLAND ROAD ISLETON, CA 95641 SVN | Delta Group Realty, Inc. | Page 12The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
B&W Resort Marina
Location Maps
B&W RESORT MARINA | 964 BRANNAN ISLAND ROAD ISLETON, CA 95641 SVN | Delta Group Realty, Inc. | Page 13The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
B&W Resort Marina
Regional Map
B&W RESORT MARINA | 964 BRANNAN ISLAND ROAD ISLETON, CA 95641 SVN | Delta Group Realty, Inc. | Page 14The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
John WilliamsManaging Director
John Williams serves as a managing director for SVN/Delta Group Realty, Inc.,specializing in the sale of office, retail and multifamily properties in Marin County,California. With more than 40 years commercial real estate experience, Williamshas secured in excess of 500 transactions.
Prior to joining SVN, Williams served as owner and broker of Delta Group Realty,Inc. Since founding Delta Group Realty in 1981, he has secured leasing and salestransactions for multifamily, office, industrial, hospitality, land, and retail properties.Furthermore, Williams has developed office and residential properties and servedas a general partner in investment partnerships.
A 42 year resident of Novato, California, Williams received his bachelor's degree inBusiness from High Point University in North Carolina. He is active in thecommunity, serving as a member of the commercial and investment committee forthe Marin Association of Realtors, chairman of the Novato Economic DevelopmentCommission and president of the Novato Chamber of Commerce.
Michael CohenAssociate Advisor
Michael Cohen serves as an associate advisor for SVN | Delta Group Realty Inc. inNovato, CA. Novato is located 15 minutes north of San Francisco in Marin County.Cohen specializes in local leasing representing both landlords and tenants. He alsorepresents clients in the purchasing and selling of commercial space throughoutthe country with transnational experience in multi-family, industrial and land.
Prior to joining SVN, Michael spent 20 years in the Bay Area tech world helpingclients navigate through large sets of data in order to flesh out valuable businessinsight and analytics. He has worked with many of the Bay Area key industriesincluding banking, mortgage origination, biotech, and software design.
Michael attended the University of Massachusetts where he earned anundergraduate degree in Psychology and studied Public Policy and Administrationat the California State University in Sacramento.
In his spare time, he enjoys music, mountain biking, hiking, reading and travelingwith his wife and two daughters.
MEETTHE TEAM
Biography
SVN Real Estate Team
