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Black Hall Marina Sold for $1.8M

Published 1 week, 3 days ago
Description

Shawn Summers, a real estate investor, purchases Black Hall Marina in Old Lyme for $1.8 million from Jolly Roger Enterprises. The 0.85-acre property includes a 3,800 sq ft building with retail space, a one-bedroom apartment, a boathouse, and 56 slips on the Black Hall River. Summers plans to maintain the marinas operations, with local brokers Gino Penasa and Tim Bray facilitating the deal. The seller, Eugene Chmiel, also offloaded the business and provided $1.29 million in seller financing.

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