Suntex Ventures with its subsidiary Suntex Marinas, the Dallas-based owner and operator of marina properties, is pleased to announce the acquisition of York River Yacht Haven in Gloucester, VA. York River Yacht Haven is a full-service destination marina located near the mouth of the York River on the lower Chesapeake Bay, only miles from the ICW in Sarah’s Creek. The 14-acre site is in a natural “hurricane hole”, storm protected from every quadrant, making it a very sought-after home for some of the finest yachts in the Chesapeake Bay. The marina includes 325 covered and open slips, boatyard, restaurant, ship’s store, pool, and a marine and boat repair facility.
“Suntex is thrilled to add York River Yacht Haven to its network of marinas along the Eastern seaboard,” Chris Petty, Suntex Marinas President, said. “With the change in ownership, York River Yacht Haven will soon see more amenities, better services, and a new restaurant tenant to better serve our customers and make the boating experience the best it can be.” The restaurant will be under lease to the owners of Riverwalk Restaurant and will be reopening soon.
Mr. Martin Lucas has been chosen to lead the property as General Manager. Martin has decades of yachting and marina management experience and has most recently served as the Director of Customer service for an internationally acclaimed marina company. Martin will be supported by the talented York River Yacht Haven team that has worked diligently to serve their customers’ needs.
Suntex Partners have owned and operated 31 marina properties and are very excited about adding York River Yacht Haven Marina to our current portfolio of 17 marinas in Texas, Georgia, Florida, New Jersey, New York, Massachusetts, Iowa and St. Maarten. The Suntex vision is to be the pre-eminent resort marina company in the world and is actively seeking premier marinas around the world for acquisition.
About Suntex Ventures
Suntex Ventures is a Dallas-based real estate investment fund with focus in mixed-use waterfront properties including marinas and other select assets. Through its subsidiary, Suntex Marinas, the firm provides marina and property management services throughout its portfolio. Based upon proprietary underwriting, experience, and historical success, they are focusing on high-end resort destinations.