-- Peter Meyer of Marina Brokerage Services closed the sale of Lake Somerville Marina and Campground, a 168-acre full-service waterfront commercial property at 505 Marina Road in Somerville, Texas. The asset sits in a protected cove on the 11,000-acre Lake Somerville reservoir, located between Houston and Austin just west of Brenham.
The property operates across multiple revenue streams: 88 covered and open boat slips, 109 RV and camping sites ranging from tent pads to premium 50-amp full hook-up spaces, five deluxe cabins, and a full-service ship's store. It also holds the only on-water fueling station on Lake Somerville, a defensible competitive position that drove strong investor interest throughout the marketing process.
Before taking the listing, Marina Brokerage Services worked with the sellers to extend the underlying water authority lease and restructure the asset for maximum value. The team then ran a confidential marketing campaign targeting marina investors, RV park operators, and outdoor hospitality groups active in Central Texas, generating multiple qualified offers within a competitive timeline.
That preparation proved decisive. "Peter and Karoline were instrumental in guiding us through the lease renewal process, helping extend the lease term and properly position the marina for a successful sale," the sellers said. "Their understanding of the process helped maximize value and navigate a complex transaction. We appreciated their steady guidance from start to finish."
The closing reflects sustained investor demand for diversified Texas waterfront commercial assets. Marina and outdoor hospitality properties within driving distance of major metros continue to attract competitive offers, particularly those combining slip rentals, fuel sales, RV sites, and lodging revenue into a single cash flow profile.
Marina owners considering a sale can learn more about the Lake Somerville transaction and Marina Brokerage Services approach at: https://marinabrokerageservices.com/lake-somerville-marina-and-campground-sold/
About the company: Marina Brokerage Services, founded by Peter Meyer, Owner and Principal Broker of Gulf Commercial Brokerage LLC, is a Houston-based commercial real estate firm specializing in the sale and acquisition of marinas, dry stack facilities, boatyards, and marine-related properties. The firm offers accurate valuations, targeted marketing, and access to a curated network of qualified buyers across Texas and nationally. Learn more at marinabrokerageservices.com.
Contact Info:
Name: Peter Meyer
Email: Send Email
Organization: Marina Brokerage Services
Address: 5300 Memorial Dr., Suite 1100, Houston, TX 77007
Phone: (713) 320-9651
Website: https://www.marinabrokerageservices.com/
Release ID: 89190967
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