New Haven Marinas is delighted to announce the addition of a new asset to our marina portfolio—Mermaid Cove Marina & RV Resort, a distinguished Tier-One Class A property nestled on the picturesque shores of Lake of the Ozarks in Missouri.

This acquisition of Mermaid Cove Marina & RV Resort represents a significant milestone in New Haven Marinas’ growth strategy. This top-tier property extends our geographic reach into one of the nation’s most sought-after tourist destinations, reinforces the quality of our offerings, and solidifies our position as a leader in the marina industry.

We are excited about the opportunities this property presents—not only for New Haven Marinas but also for our customers and investment partners. Mermaid Cove’s state-of-the-art facilities and prime location align perfectly with our mission to deliver exceptional value and unforgettable experiences.

The Financial Opportunities with Mermaid Cove 

When we first explored Mermaid Cove Marina, we were captivated by its exceptional quality and the opportunities it presents. As a Tier-One Class A property built within the last four years, it immediately stood out for its modern construction and state-of-the-art facilities. 

The minimal deferred maintenance means we can dedicate our resources to enhancing guest experiences rather than addressing upkeep issues. This aspect was particularly attractive to us, as it aligns with our strategic focus on acquiring top-tier properties that offer both quality and operational simplicity.

From an investment perspective, Mermaid Cove Marina presents substantial value-add potential. The RV park features a total of 159 sites, including 37 newly completed sites currently operating at 80% occupancy. Among these 37 sites, 14 are designated for nightly stays, while 23 are reserved for full-time use. With our expertise in property management, we see a clear path to increasing occupancy to 100%.

The property’s inherent value is driven predominantly by rental income, which makes it an appealing asset for both our 1031 exchange partners and fund investors seeking solid returns. With a projected Internal Rate of Return (IRR) exceeding 25%, Mermaid Cove meets and exceeds our criteria for strategic growth investments.

Enhancing Our Portfolio’s Reach and Quality

The acquisition of Mermaid Cove Marina & RV Resort significantly enriches our portfolio by introducing a unique blend of amenities and services that cater to a broader range of guests. Lake of the Ozarks is not just any tourist destination; it’s a bustling hub that attracts over five million visitors annually, drawn by its 1,150 miles of scenic shoreline, recreational boating, fishing tournaments, and vibrant community events. By establishing a presence in this dynamic market, we are positioning New Haven Marinas to tap into a robust customer base and capitalize on the region’s thriving tourism industry.

What sets Mermaid Cove apart is its dual offering of both marina and RV resort facilities. This combination allows us to serve a diverse range of guests—from boating enthusiasts and RV travelers to families seeking a memorable vacation experience. The property’s tree-filled RV sites provide a natural, serene setting that differentiates it from typical concrete-heavy resorts, appealing to guests who value a connection with nature.

Moreover, Mermaid Cove’s state-of-the-art amenities—such as a swimming pool with poolside bar service, modern bathhouses, and recreational courts for pickleball and basketball—enhance the guest experience and encourage longer stays. The inclusion of a members-only boat launch ramp, rental boats, and a courtesy dock with swim platforms adds significant value for our boating clientele.

Integrating Mermaid Cove into our portfolio not only diversifies our geographic footprint but also strengthens our market position by offering a flagship property in a high-demand location. 

The Lake of the Ozarks area has a strong economic outlook, supported by tourism, local businesses, and community initiatives, all of which contribute to a stable environment for marina operations.

With the strategic purchase of Mermaid Cove, NHM has accomplished significant financial advantages. This property enables us to:

• Access new markets by reaching a broader customer base in a top-tier tourist destination;
• Enhance service offerings by providing a wider array of amenities that meet diverse guest preferences;
• Leverage growth opportunities by capitalizing on the region’s increasing popularity and economic growth.

The combination of its prime location and extensive amenities makes Mermaid Cove Marina a magnet for a diverse range of visitors. From families looking for a serene getaway to boating enthusiasts seeking adventure, the marina fosters community engagement and boosts local tourism.

Our Vision for the Future with Mermaid Cove Marina

We are genuinely excited about the future opportunities that Mermaid Cove Marina & RV Resort brings to New Haven Marinas. Purchasing the property at the tail end of its development process presents us with a unique chance to make minor improvements that significantly increase the ROI. 

With the current occupancy rate at 80%, our team is confident in our ability to achieve full occupancy in the near future. The property’s “brand-new” condition, coupled with low maintenance requirements and straightforward management, makes it an ideal candidate for operational efficiency and revenue growth.

Looking ahead, we have several plans to improve the guest experience and maximize the property’s potential:

• Expanding Short-Term Rental Options: Recognizing the growing demand for flexible accommodations among tourists and guests seeking brief stays, we aim to introduce more short-term rental offerings. This will not only cater to a wider audience but also increase occupancy rates and revenue.
• Adding Additional RV Sites: Given the high demand and spacious layout of the property, we see an opportunity to increase capacity by adding more RV sites. This expansion will allow us to meet the growing needs of our guests while boosting rental income.
• Exploring the Potential for a New Dock House: To further enhance the marina’s facilities and guest experience, we are considering the addition of a new dock house. This amenity would provide additional services and recreational options, making Mermaid Cove an even more attractive destination.

The future is bright. We’re excited to transform Mermaid Cove into a thriving, revenue-growing property that exemplifies the quality and excellence synonymous with the New Haven Marinas Brand. Our focus on low maintenance and efficient management will ensure that these enhancements deliver exceptional value to our guests and stakeholders alike.

An Invitation

New Haven Marinas Investment Group specializes in acquiring premier marinas across the United States. By partnering with accredited investors, we are building a portfolio of world-class marinas that offer exceptional experiences and robust returns, such as Mermaid Cove Marina & RV Resort.

Marina investments present a compelling opportunity as an alternative investment, combining the allure of waterfront properties with the potential for significant financial gains.  We invite you to learn more about how you can participate in this lucrative investment opportunity. 

To discover more about the investment opportunities with New Haven Marinas, call us at (972) 460-0514, or fill out our website contact form.