Suntex Marinas Acquires Roosevelt Lake Marina
Date Posted: February 24, 2023
Source: Staff Report

Suntex Marina Investors, LLC (Suntex), the premier owner and operator of best-in-class marina properties, announced that it has acquired Roosevelt Lake Marina in Roosevelt, Arizona.

Situated on approximately 70 acres, Roosevelt Lake Marina offers guests the finest amenities in the area including wet storage, dry storage, on-site dining, fuel sales, boat rentals and 15 tent sites with power and 35 RV pad sites with full hookups.

The 258 wet slips and 146 covered and uncovered dry storage spaces can accommodate vessels ranging from 30- to 55 feet. Each slip has access to electricity and water. The marina boasts top-notch accessibility and convenience, featuring a store, restaurant and bar, ski and pontoon boat rental services and a fuel dock. Guests can enjoy a fishing lounge, private bathrooms with showers, laundry and free WiFi.

"We are very excited to expand our reach in Arizona with an exceptional property with unlimited potential," said Mike Warantjes, SVP of Operations, Suntex Marinas.

"Offering guests pristine boating in an area that is rapidly growing, we have an opportunity to improve the boating experience through investment in covering existing slips, adding additional wet slips and covered dry storage, and expanding the Circle of Boating. Roosevelt Lake Marina is sure to become the go-to waterfront vacation hot spot in Arizona."

Roosevelt Lake Marina is the only marina located on Roosevelt Lake with 128 miles of shoreline set amongst red rock mountains.

The lake is home to a variety of game fish including crappie, carp, sunfish, flathead and channel catfish, and smallmouth and largemouth bass. The property is located within 1.5 hours of the Phoenix Metro Area and 2.5 hours from Tucson.  Canyon Lake Marina, part of the Westrec portfolio recently purchased by Suntex, is located about two hours southwest of Roosevelt Lake.

The Suntex portfolio includes marinas located in Arizona, California, Florida, Georgia, Illinois, Iowa, Kentucky, Maryland, New Jersey, New York, Oklahoma, Texas, Tennessee and Virginia.

For more information on Suntex Marina Investors LLC, or the complete portfolio of Suntex marinas, please contact or visit www.suntex.com.

About Suntex Marina Investors, LLC – Suntex Marinas engages in the ownership and management of marina properties. The executive officers at Suntex have over 100 years of combined experience investing in, acquiring, and managing marinas. Suntex prides itself on a growing reputation in the marina industry for its commitment to superior customer service, experienced marina managers and staff, conscious contributions to marina communities and expansive enthusiasm for creating memorable experiences on the water. www.suntex.com

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