West Alton Marina manager arrest for alleged sex crimes

TiltonBB · 05-21-2022, 01:48 PM

The financial aspects of this matter should be interesting.

The accusers families have asked for an attachment of over $6 million on the marina. Meredith Village Savings Bank has a mortgage of over $5 million on the property. That will total over $11 million in liens, if nothing else comes up.

Looking at recent sales and comparing what Channel Marine and Thurston's Marina sold for it is hard to see a property valuation that will be anywhere near that for West Alton Marina.

05-21-2022, 01:48 PM	#11
TiltonBB Senior Member Join Date: Feb 2005 Location: Gilford, NH and Florida Posts: 3,037 Thanks: 715 Thanked 2,212 Times in 943 Posts	The financial aspects of this matter should be interesting. The accusers families have asked for an attachment of over $6 million on the marina. Meredith Village Savings Bank has a mortgage of over $5 million on the property. That will total over $11 million in liens, if nothing else comes up. Looking at recent sales and comparing what Channel Marine and Thurston's Marina sold for it is hard to see a property valuation that will be anywhere near that for West Alton Marina.