April 28, 2018
By: Dwayne Page
Suntex Marina Investors, LLC has acquired Hurricane Marina, located on Center Hill Lake according to a report by “Boating Industry”. With the change in ownership, Hurricane Marina received a new 25-year lease with the U.S. Army Corps of Engineers and also extended the lease of the existing restaurant tenant, Blue Water Grille.
Hurricane Marina consists of 600 wet slips (48 of which were built in 2015), 40 personal watercraft slips and 25 enclosed boathouse slips.
According to Suntex, the slip composition can accommodate boats and houseboats ranging from 20 feet to over 100 feet. The property’s amenities include a boat rental fleet of 11 boats (six newly purchased), security services, bathrooms, shower and laundry facilities, three fuel pumps and a pump-out station.
The property includes a 6,600 square-foot restaurant building, a fully-stocked ship store and a common area with patio for parties and live entertainment. A courtesy golf cart shuttle service provides customers access to the docks from the parking lot.
“We are very excited about this acquisition,” said Ron TenEyck, senior vice president of operations, Suntex Marinas. “Hurricane Marina is a beautiful location and has a great deal of potential for development. By investing in the facility, we are looking forward to enhancing the services and overall customer experience offered to visitors of Center Hill Lake.”
Hurricane Marina’s location in the deeper waters of the southern end of the lake has made it an extremely popular location for the houseboat market. The entirety of the property lies on a 107-acre (69 acres submerged) lease with the United States Army Corps of Engineers.