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Riviera Slips

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Twin 450 trifecta is 400k right now..
All you need is about 2-3acres min to build a 52K sq ft indoor accounting for 35' rack lengths, 70' single drive aisle for fork lift.... 52K sqft for the closed facility another 50K sqft for outside parking, outdoor stacks for temporary space, trailers ect. 52K would allow for 200 boats indoor. Traditional storage for 200 boats requires much more land and building.. If you can charge 200 boats 250 a month just base storage no concierge stuff its 600K annually....I would guess break even in year 4-5 based on land value, construction, racks, ect... Havasu is growing and if storage was more available folks would leave their boats there. Just considering that occupancy for traditional storage is over 90% tends to poke holes in the concept everyone has a RV garage or a house for that matter. Most storages in town are not temp controlled and probably get dust as a they not insulated all that well at least mine do in Parker... The other items pointed out...I think have been managed in other rack storage facilities so I think they could be managed...

Boat storage will continue to thrive as long as the lake has water...

Like I said, I don't think that space exists there where they originally stated the storage will live. Plus there is no infrastructure there, - docks, etc. to support the facility, so all those costa have to be taken into consideration as well.

35' rack lengths omits the people that are in the best position to be able to afford this type of concierge service at this high end marina... And those people generally dont want their boats filled with dust and water from the boat above them.

But what to I know. A bunch of Malibus and Sea Rays guys will gladly fill the place up. :)
 

LargeOrangeFont

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“They wont take off until regular people are comfortable paying half a million for a boat. We are up to $300k presently.”

We’re solidly middle class in terms of income and I’d never pay $300k for a boat, let alone 1/2 a mil.

We’re close to closing the purchase on our 8th boat (over the decades) and it just touches 6 figures.

We buy only used, smaller boats (it’s a 32 footer) and we don’t finance toys so there’s that.

That said, I’m all in for a rack storage spot and would be willing to pay double what we are paying for our rental storage unit, if it’s nice.

The convenience factor is undeniable..
I agree with you, and this will cost well over double is my point. The convenience factor is nice.
 

DarkHorseRacing

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I don’t know why Havazoo couldn’t build a bunch of rack storage units like Lake Arrowhead has for a boat barn at every ramp at the lake.

Sure Arrowheads boat barn has limits (length and weight and general boat girth/width, but I don’t see why it couldn’t be scaled up for cats, toons and the baller crowd.
 

PlanB

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I think it will fine for most Saturday and Sunday chop....but PlanB said storm... there is no natural barrier to that marina and if in a storm the wind is blowing to the north or northwest the attenuator will be tested. It is a not a like a natural barrier where you are buffering the top and bottom of the wave....If PlanB was feeling the swell on an off season weekend inside the break....then I have to wonder what it would be like in storm/monsoon with wind swept waves blowing towards the marina without a natural barrier/harbor...
Yeah I think a storm with winds out of the northwest would cause some issues. A few years ago when the Nautical docks were hammered and a houseboat sank with winds out of the south we were well protected sitting behind the Nautical. Even winds out of the west / north west will blow through the LHC Marina pretty good but there is still some protection from the island.
 
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C-Ya

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Just to point something out that has not been discussed about rack storage.

Here in Florida…….. just after you ask the high n dry if they have and space available…… your very next question, if they do have space is……. Do you have anyplace to park my trailer?

Here…… I am guessing that less than half the owners that have their boats in rack storage even own a trailer.

There are multiple trailer rental businesses here.

My boat has not been on its trailer in over 3 years……… but my trailer has been used multiple times. That’s because none of my friends own a trailer for their boat. They found the trailer to be a pain in the ass. I actually agree. I’ve been storing my trailer for over 3 years. I store it in a backyard of a mansion that parks at least 25 to 40 boat trailers. The only negative, is that you can’t park your boat on trailer for storm. His business is trailer storage only. I actually have trouble recognizing which trailer is mine because I rarely check on it. It’s 12 miles away.

Even though I live right across the street from ramp……. It’s a 24 mile drive to get my trailer to ramp. Lol
 

PlanB

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Honestly Stacy and I have the launching and retrieving thing down to a science.. it doesn’t bother me to launch and retrieve..

I Just wanted to try the slip program and see if we like it. If it doesn’t work for us I will sell it next summer. I think we will like it though if we use it for the Thursday to Monday program.
Once you have a slip there is no going back.
 

PlanB

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I see some are looking forward to the covered slips. Just a thought; I had a covered slip on the Thea Foss Waterway in Tacoma. The birds roosting in the rafters, and the constant cleaning of the resulting mess, convinced me I’d rather leave it out in the sun and rain. Of course, the sun isn’t quite as brutal or common here, and I don’t know what the bird situation is in Havasu, but thought I’d toss this out there for consideration.
I have had a covered slip for years. We don't get any birds nesting at all. Nothing beats a covered slip in the summer.
 

LargeOrangeFont

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Just to point something out that has not been discussed about rack storage.

Here in Florida…….. just after you ask the high n dry if they have and space available…… your very next question, if they do have space is……. Do you have anyplace to park my trailer?

Here…… I am guessing that less than half the owners that have their boats in rack storage even own a trailer.

There are multiple trailer rental businesses here.

My boat has not been on its trailer in over 3 years……… but my trailer has been used multiple times. That’s because none of my friends own a trailer for their boat. They found the trailer to be a pain in the ass. I actually agree. I’ve been storing my trailer for over 3 years. I store it in a backyard of a mansion that parks at least 25 to 40 boat trailers. The only negative, is that you can’t park your boat on trailer for storm. His business is trailer storage only. I actually have trouble recognizing which trailer is mine because I rarely check on it. It’s 12 miles away.

Even though I live right across the street from ramp……. It’s a 24 mile drive to get my trailer to ramp. Lol
In this original debate I was told the trailers will be stored in the racks with the boat on them. 😂

No, the owners will pay for their trailers to be stored down the street in a storage unit. 😂

I’m sure these guys with $50k into their custom Adreneline trailers will want them sitting outside for years.

Or maybe they will just leave the trailers in their RV garage where their boat used to be.
 

Paradox

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Question: Why can’t drip pans / deflectors be built into the racks? Seems to me it would be pretty simple and inexpensive. They could be slightly sloped (perhaps 1%) and direct the water to fall behind which would keep the boats underneath dry.
 

Singleton

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I think you are off on the kinds of boats in rack storage...this isn't Miami. You will see ski/wake boats, small runabouts etc in rack storage... Not just 1mil+ boats.

Yep. Similar to what Lake Pleasant in PHX has. Apx $25 a foot per month when you add in offsite trailer storage
 

86403

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In this original debate I was told the trailers will be stored in the racks with the boat on them. 😂

No, the owners will pay for their trailers to be stored down the street in a storage unit. 😂

I’m sure these guys with $50k into their custom Adreneline trailers will want them
In this original debate I was told the trailers will be stored in the racks with the boat on them. 😂

No, the owners will pay for their trailers to be stored down the street in a storage unit. 😂

I’m sure these guys with $50k into their custom Adreneline trailers will want them sitting outside for years.

Or maybe they will just leave the trailers in their RV garage where their boat used to be.

sitting outside for years.

Or maybe they will just leave the trailers in their RV garage where their boat used to be.

Wouldn't it be better if the units were configured single story to prevent contamination from the boat above? Maybe store the trailer below the boat?
 
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Racer56

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Question, how do you plug in your boat for the battery tender in a rack storage facility?
 

Gonefishin5555

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I'm guessing just about anything they put in there will fill up. Things like battery charging, gas fill ups and detailing are all part of the service just like launching/retrieving no doubt with added cost. hell I bet they could rent you an ice chest full of ice for the day for $25-30 and a lot people would pay it along with $20 for 12pak of beer.
 

LHC Kirby

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Wouldn't it be better if the units were configured single story to prevent contamination from the boat above? Maybe store the trailer below the boat?
What’s the point of rack storage.. if it is single story and you store the trailer under the boat ? Why not just leave the boat on trailer?
 

RiverDave

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In this original debate I was told the trailers will be stored in the racks with the boat on them. 😂

No, the owners will pay for their trailers to be stored down the street in a storage unit. 😂

I’m sure these guys with $50k into their custom Adreneline trailers will want them sitting outside for years.

Or maybe they will just leave the trailers in their RV garage where their boat used to be.

I don’t remember anyone ever saying they’d put the trailer on the rack with the boat?
 

RiverDave

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On a side note I have never heard of boats dripping above onto the boat below being a problem..

Thinking about it now I can’t imagine why it wouldn’t be? But I have never heard of it being a problem.
 

ONE-A-DAY

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Just to point something out that has not been discussed about rack storage.

Here in Florida…….. just after you ask the high n dry if they have and space available…… your very next question, if they do have space is……. Do you have anyplace to park my trailer?

Here…… I am guessing that less than half the owners that have their boats in rack storage even own a trailer.

There are multiple trailer rental businesses here.

My boat has not been on its trailer in over 3 years……… but my trailer has been used multiple times. That’s because none of my friends own a trailer for their boat. They found the trailer to be a pain in the ass. I actually agree. I’ve been storing my trailer for over 3 years. I store it in a backyard of a mansion that parks at least 25 to 40 boat trailers. The only negative, is that you can’t park your boat on trailer for storm. His business is trailer storage only. I actually have trouble recognizing which trailer is mine because I rarely check on it. It’s 12 miles away.

Even though I live right across the street from ramp……. It’s a 24 mile drive to get my trailer to ramp. Lol
We didn’t buy a trailer for our boat when we moved to Alabama, waste of money to have it sit in the yard year round. For service the dealer will come get your boat by boat, take it and bring it back. People will come to your dock for repairs, winterize, etc. They have toon rental trailers, $35 a day if you need to take a trip somewhere, we used one when we went up to Percy Priest Lake in Nashville..

We used rack storage while we waited for our dock to be built, it was pretty cool, text them with 15 minute notice and the boat is sitting there at the dock waiting for you. Kids hang out at the slip working for extra cash, toss them $20 and they wipe the boat down before it goes up in the rack. Kids also help you tie up, fill your gas etc for tips, glad to help them as I am glad to see kids that want to work. Long cords to plug your trickle charger into before they lift it. Each level has a slanting aluminum cover so water runs off instead of down to the boat below. They have it all figured out.
 

CarolynandBob

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On a side note I have never heard of boats dripping above onto the boat below being a problem..

Thinking about it now I can’t imagine why it wouldn’t be? But I have never heard of it being a problem.

Just a guess, but from what I have seen here in FL. When they lift them out of the water it takes some time to get it in the building and maneuvered to put it up in the rack. I think most of the water has dropped off already.
 

outboard_256

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Question: Why can’t drip pans / deflectors be built into the racks? Seems to me it would be pretty simple and inexpensive. They could be slightly sloped (perhaps 1%) and direct the water to fall behind which would keep the boats underneath dry.

The couple places I have seen have had something to stop water from coming down on the boats below. I don't think anyone should be worried about that.
 

Shlbyntro

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On a side note I have never heard of boats dripping above onto the boat below being a problem..

Thinking about it now I can’t imagine why it wouldn’t be? But I have never heard of it being a problem.

it is a problem. mainly coming from outdrive oil leaks. most drystack facilities will have clauses in your lease that require you to fix it once notified by drystack. older boats are also generally kept on lower levels for this reason as well. I have also seen drystacks bust a handful of windshields and have seen
a lot of damage to speedos and underwater electronics.

there are many benefits to drystacks. but there are some cons too.
 

86403

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What’s the point of rack storage.. if it is single story and you store the trailer under the boat ? Why not just leave the boat on trailer?
Sorry, 100% pure sarcasm.
Everyone is wired differently, but I store, provision, fuel, launch, retrieve, and clean my own boat. To me it's the price of admission. When my kids were young they watched, now they have almost completely taken over the process. Somewhat LH specific.
 
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Englewood

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D37 here.

I never thought I’d drop $6,500 to have the right to rent a slip for $600/mo. However, the ability to sell it at a later date and also incl in the rental pool was a no brainer. When that place is built out there is gonna be many big $$$ people who will pay whatever it takes for a slip. That’s my thought process at least 🤷‍♂️.

The buy-in is a deposit in my opinion. You will get that back at a bare min. The $600/mo will be offset by rental income. That means I get an assigned/guaranteed slip in the newest marina for less than $400/mo (after rental credits). It makes my program so much easier, especially being on south side and having a wife who can’t backup a trailer very well.
 
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RiverDave

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We didn’t buy a trailer for our boat when we moved to Alabama, waste of money to have it sit in the yard year round. For service the dealer will come get your boat by boat, take it and bring it back. People will come to your dock for repairs, winterize, etc. They have toon rental trailers, $35 a day if you need to take a trip somewhere, we used one when we went up to Percy Priest Lake in Nashville..

We used rack storage while we waited for our dock to be built, it was pretty cool, text them with 15 minute notice and the boat is sitting there at the dock waiting for you. Kids hang out at the slip working for extra cash, toss them $20 and they wipe the boat down before it goes up in the rack. Kids also help you tie up, fill your gas etc for tips, glad to help them as I am glad to see kids that want to work. Long cords to plug your trickle charger into before they lift it. Each level has a slanting aluminum cover so water runs off instead of down to the boat below. They have it all figured out.

Sometimes I think about selling it all and being your neighbor.. lol. That sounds like heaven
 

hallett21

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Just trying to envision the Rack Storage foot print.

70ft between the two rows of racks. Each rack needs to be 60? Ft deep, and you probably want 10ft on the backsides for people to walk.

So let’s say the building is 210ft wide. Each rack needs to be 12ft? wide, and let’s say 20 boats wide. Add 10ft on each end for clearance etc, 260ft long.

3 levels allows for 120 boats with a 40ft building ceiling +\-

54k sq ft and given the thunderstorms Havasu can get, it would need to be an enclosed building imo.

I don’t see how they build it and buy a crane for under 10 million.

The docks are badass and I’m sure I missed the boat on them. But we pull out every night so I doubt we would use it more than 3-4 times a year.
 

Paradox

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D37 here.

I never thought I’d drop $6,500 to have the right to rent a slip for $600/mo. However, the ability to sell it at a later date and also incl in the rental pool was a no brainer. When that place is built out there is gonna be many big $$$ people who will pay whatever it takes for a slip. That’s my thought process at least 🤷‍♂️.

The buy-in is a deposit in my opinion. You will get that back at a bare min. The $600/mo will be offset by rental income. That means I get an assigned/guaranteed slip in the newest marina for less than $400/mo (after rental credits). It makes my program so much easier, especially being on south side and having a wife who can’t backup a trailer very well.
The terms are increases of 5% a year or the annual inflation rate, which ever is greater. In ten years the $750 slip is going to be better than $1,100 a month..
 

Ace in the Hole

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The terms are increases of 5% a year or the annual inflation rate, which ever is greater. In ten years the $750 slip is going to be better than $1,100 a month..
I think that it reads “may increase up to*”

Are the leases transferable?

Can I lease one, and sell the lease in Two years, or does the new owner have to reapply and pay for another lease?
yes you can sell your lease 1 time.

No, they would assume your terms at that point.
 

Singleton

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The lease is for 35 years and you can sell anytime you want for market rate.
Any limitations on how much the monthly rent can increase on an annual basis. Treated like most rentals or anything goes.
 

Shlbyntro

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if any of you would like actual details on how this sitiation works, pm me. I own 2 slips in a marina that operates on this principal.
 

PlanB

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Covered berth with a Hydro Hoist is the way to go. Once you go that route, taking the boat out is equal to running down to the store for a 6 pack.
Yep, this is the way to go!
 

Paradox

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I think that it reads “may increase up to*”


yes you can sell your lease 1 time.

No, they would assume your terms at that point.
It’s kind of open to interpretation without seeing the actual lease but, here is what my email said:

“Increases to the annual slip lease rates may not increase on a Licensee in any given year more than 5%, or CPI (inflation rate), whichever is greater.”

the “which ever is greater” sentence makes me think you’ll be paying 5% increases (compounded) annually..
 

Racer56

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Went down to the marina today and paid for my dock. I'm officially a slip owner now! Slip is D-7 by the marina store, third in from the gangway and has power. Primo spot!
IMG_20221105_150546644_HDR.jpg
IMG_20221105_145128441.jpg
 

Riverbottom

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Mor 40 years ago you could buy a lot for 12k and build the house for 76

I am getting old, I remember going to Parker in 1974 with my parents and looking at vacant lots in the Keys for 12K.
 

Riverbottom

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My dad bought his in 75 and the house was finished in 76

My parents thought Parker was too wild then, ( I was fourteen ) . We put a new mobile home in at Aha Quinn and stayed on the low river.
 

CLdrinker

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I heard a guy is building rack storage in havasu. $5,000 deposit and you are guaranteed a spot. Completion is expected in 3-4yrs.

Get in now because price will go up soon.
 

Ace in the Hole

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Slightly petty rant/However big Props to Riviera staff! Ran into a little kink this weekend when I went to dunk my boat in for the next few days....someone with a case of self entitlement decided to park their dock wrecker in my slip last night and leave it for the majority of the day...not like I haven't spent thousands of dollars for that slip mainly for weekends like this (spring break,DS,SCFW etc)... but it's fine for you to delay my family's plans like it's no issue, wouldn't want to disrupt your weekend right, as your plans are sooooo much more important than ours, just park wherever you want.... It would have been nice for the first boat to park in that slip to have been mine...since I paid for it..but by all means you do you. The management staff was on it when I informed them, and got it handled quickly. They handled it in a very professional manner as did their staff. Hopefully they stay on top of this stuff in the future to prevent it.

Said "self entitled individual"
IMG_4539.JPG


MaK getting to enjoy our spot for a bit this early evening after the squatters moved their dock crusher.
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