News and announcements

OCTOBER 11, 2021

SOUTHERN MARINAS ACQUIRES MILLSTONE RESORT AND MARINA

Growing Marina Portfolio Adds Premier Location on Lake of the Ozarks

Millstone Resort and Marina
North Palm Beach, Fla.
 – Southern Marinas Holdings II, LLC, a partnership between a Denver-based private investment firm and Southern Marinas, LLC, announced today the purchase of Millstone Resort and Marina located on Lake of the Ozarks in Gravois Mills, Missouri.

Situated in the heart of Missouri, Lake of the Ozarks is one of the state’s premier vacation destinations. Millstone Marina is the largest and most tenured marina on the lake, and is the only RV resort with direct waterfront sites. The full-service marina and RV resort is comprised of covered wet slips, RV sites with full utility hookup, an extensive boat rental fleet, a ship’s store, a fuel dock, a boat service center, multiple swimming pools overlooking the lake, picnic areas, dog parks, and two on-site restaurants. The Resort is perfectly positioned on the tranquil side of the lake and features magnificent cliffside views along the main channel of Lake of the Ozarks.  

“Millstone Resort and Marina is the perfect addition to Southern Marinas’ rapidly growing portfolio of best-in-class waterfront recreational destinations,” said Andrew Gendron, principal and chief investment officer with Southern Marinas. “The former owner, Jeff Howell, transformed the aging property into one of the finest marinas and RV resorts in the country, and we look forward to building upon his hard work and further enhancing the customer experience in the years ahead.”

This purchase marks Southern Marinas’ fifth acquisition in 2021. The company has plans to close on several other marinas before year end, as it continues to build a geographically diverse portfolio strategically located across the United States.

For more information on Southern Marinas and its current portfolio of marinas, please contact info@southernmarinas.com or visit www.southernmarinas.com.

Jim Behun’s experience spans more than 30 years in the Southern California boating industry. He served on the board of directors of the Marine Recreation Association and as past president of the San Diego Dockmasters Association, and is an active member of the San Diego Port Tenants Association and an affiliate member of the California Yacht Brokers Association. Immediately prior to joining the Southern Marinas team, Jim served as the general manager of Sunroad Resort Marina & Yacht Center in San Diego, a facility with over 600 slips, leased commercial space, and three well-known restaurants. During his 13-year tenure as the marina’s chief operating officer, Jim developed and produced the renowned San Diego Boat Show, which grew from a small, local gathering of boat dealers to a major, annual event attracting more than 100 dealers, brokers, and vendors, and 13,000+ boating enthusiasts.

Jim, a native of Annapolis, Maryland, has logged many hours sailing and boating on both coasts, including boat deliveries and charters to various coastal areas. In the early ’90s, he was the general manager of the 444-slip San Diego Marriott Marina. From there, Jim moved to a position with the National Marine Manufacturers Association to manage boat shows on both coasts and in Canada. He also developed and produced the first Mexico National Boat Show in Puerto Vallarta. Jim is a firm believer in managing facilities to ensure boating is safe and enjoyable for all!