Moriches Boat & Motor is a well-established, turn-key marina and marine service business located in the protected waters of Tuthill Cove, just off Moriches Bay, a highly active recreational boating area with direct ocean access. The property features 24 floating dock slips, all fully occupied annually, a dry rack system, and winter storage operations, providing multiple, consistent revenue streams. On-site operations include gasoline sales, a full marine service department, Honda and Suzuki outboard motor dealerships, Pioneer Boats dealership, Load Rite trailer dealership, and a marine retail store. The business has been successfully owner-operated for many years and maintains a strong regional reputation, supporting repeat customers, seasonal contracts, and stable cash flow. Sale includes vehicles, machinery, and specialty equipment essential to marina operations.
200 Atlantic Avenue, East Moriches, NY, 11940
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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