Discontinued — last reported Q2 '25

Business Segments · Fixed lease income

Marina — Fixed lease income

Sun Communities Marina — Fixed lease income increased by 10.9% to $131.80M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $125.80M to $131.80M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2022
Last reportedQ2 2025Nov 7, 2024
Rolls up toLease Income

How to read this metric

An increase indicates higher long-term occupancy or successful rate adjustments, while a decrease may signal rising vacancy or competitive pressure.

Detailed definition

Represents the recurring revenue generated from long-term slip rentals and storage agreements within the marina portfoli...

Peer comparison

Similar to rental income in residential REITs or base rent in commercial property portfolios.

Metric ID: sui_segment_marina_fixed_lease_income

Historical Data

12 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q2 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25
Value$73.33M$73.33M$73.33M$73.33M$115.80M$89.10M$111.70M$125.80M$97.70M$96.40M$118.80M$131.80M
QoQ Change+0.0%+0.0%+0.0%+57.9%-23.1%+25.4%+12.6%-22.3%-1.3%+23.2%+10.9%
YoY Change+57.9%+21.5%+8.6%+8.2%+6.4%+4.8%
Range$73.33M$131.80M
CAGR+23.8%
Avg YoY Growth+17.9%
Median YoY Growth+8.4%
Current Streak2 quarters growth

Frequently Asked Questions

What is Sun Communities's marina — fixed lease income?
Sun Communities (SUI) reported marina — fixed lease income of $131.80M in Q3 2024.
How has Sun Communities's marina — fixed lease income changed year-over-year?
Sun Communities's marina — fixed lease income increased by 4.8% year-over-year, from $125.80M to $131.80M.
What does marina — fixed lease income mean?
Recurring revenue from long-term marina slip and storage leases.