Belews Lake, NC

Carolina Marina





Belews Lake, NC

  • The property includes the region’s premier full-service marina, including 300 wet slips, a 269 unit dry docks storage, boat repair, rental entertainment facilities, and nightly rental cabins.
  • Financing includes a ground lease with 25 years remaining, along with 262 pads that are ground leased to modular home owners.
  • Carolina Marina has been in existence since 1982, and provides the region within paralleled access to the outdoors and recreation from people’s daily lives.
  • Sponsor has implemented a series of value-add ideas, including adding an amenities package, camp-wide WIFI, alcohol sales, and jet ski and boat rentals.

John B. Levy & Company, Inc. structured the refinancing of the Carolina Homes and Marina, a 162-acre mixed use commercial real estate ground lease consisting of 262 lake front and lake facing cottage rental sites in Rockingham County, North Carolina.

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