250,000 Reasons to Long-Term-Lease Your Slip
More than 250,000 new boats have been sold in the U.S. Each year since 2000. The number of new boat slips created is a tiny fraction of that amount. As demand for dockage grows – particularly at premium marinas – DOCKOMINIUM ownership is an attractive option to insure against rising slip rates and limited availability.
A dockominium is the water-based version of a condominium. Rather than owning an apartment in a building, the owner has the remainder of a 99-year lease of a boat slip in our marina. In addition to the exclusive right to use the boat slip, dockominium owners may use the common areas of the marina, much as one would have the right to use the common areas in a residential condominium development. The owner may occupy or rent the slip, or sell interest in the lease at any time.
The marina manages the common areas and provides all required services such as maintenance, security, insurance, administration, legal, brokerage and property management of the dockominium facility. Owners pay an annual fee to cover their share of those expenses.
Dockominium ownership assures that you’ll always have a place to keep your boat at one of New England’s premier marinas, free from worries over dockage rates and availability of slips.
Dockominiums at Kingman Yacht Center start at around $100,000. Slips suitable for a range of boat sizes are available. To learn more, email Heidi McManus, or call 508-563-7136.
We thoroughly enjoyed our experience!
Last weekend, we had the absolute pleasure of participating in the KYC organized cruise to Cuttyhunk. It was our first cruising experience with the group, and we can’t say enough good things about our experience. From sign up to our return, Jerry Murphy was wonderful! He corresponded with us, provided timely information, called us during the trip to to Cuttyhunk to check in, met us at our slip upon our arrival (in the pouring rain) to guide and assist us with docking and lines, let the group know that we were new participants and encouraged them to come by our boat to introduce themselves, and made sure to invite us to participate in all activities of the weekend beyond the organized lobster and clam bake.
The others in the group could not have been more pleasant, thoughtful, kind, or fun … from a beach outing, to cocktail and hors d’oeuvre parties on the dock, to Bernie’s famous mudslides, to managing our lines as we left our slip on Sunday! We want to thank you for making it possible and also let you know what an amazing job Jerry is doing as cruising commodore! We thoroughly enjoyed our experience! Thank you!
– 'Doc & the Saint' 8/2017