Discontinued — last reported Q3 '25

Business Segments · Investment property, net

Marina — Investment property, net

Sun Communities Marina — Investment property, net decreased by 0.3% to $3.31B in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.9%, from $3.21B to $3.31B. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ3 2022
Last reportedQ3 2025Feb 28, 2025

How to read this metric

Growth indicates capital investment and portfolio expansion, while a decline may suggest asset sales or significant depreciation.

Detailed definition

Represents the book value of the marina real estate assets, including land, docks, and related infrastructure, net of ac...

Peer comparison

Standard 'Net Real Estate Assets' or 'Investment Properties' reported by property-owning REITs.

Metric ID: sui_segment_marina_investment_property_net

Historical Data

13 periods
 Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$2.61B$2.71B$2.77B$3.00B$3.05B$3.17B$3.19B$3.21B$3.21B$3.26B$3.28B$3.32B$3.31B
QoQ Change+3.5%+2.5%+8.0%+1.6%+4.1%+0.7%+0.4%+0.3%+1.3%+0.6%+1.3%-0.3%
YoY Change+16.5%+17.2%+15.1%+7.0%+5.6%+2.7%+2.6%+3.5%+2.9%
Range$2.61B$3.32B
CAGR+8.2%
Avg YoY Growth+8.1%
Median YoY Growth+5.6%

Frequently Asked Questions

What is Sun Communities's marina — investment property, net?
Sun Communities (SUI) reported marina — investment property, net of $3.31B in Q4 2024.
How has Sun Communities's marina — investment property, net changed year-over-year?
Sun Communities's marina — investment property, net increased by 2.9% year-over-year, from $3.21B to $3.31B.
What does marina — investment property, net mean?
The net book value of the physical marina properties owned by the company.