72, 5, St. Thomas,

$2,000,000
Property Type: Commercial Lot Size (sq. ft.): 21,344 Status: Closed
Current Price: $2,000,000 List Date: 11/17/2015 Last Modified: 2/27/2020

Description

Great investment property! NET INCOME PAYS back investment in (+/-) 8 YEARS ! This Historical building has been totally remodeled (Class A). There is approximately 11,000 net leasable sq ft on 2 floors (almost fully leased) There are 12-14 gated parking spaces and a gated secure side entrance to all of the spaces except for the front (waterfront). All of the spaces are individually metered for water and electricity (tenants pay their own utilities

Supplements: If you are an investor looking for high rate of return upon income property, look no further. This is the Highest Cap rate available on market. Please inquire.

More Information MLS# 15-2034

Location/Area

Plot/Unit Number: 72 Island: St. Thomas Postal Code: 00802 Quarter: Kronprindsens Geo Lat: 18.339941 Geo Lon: -64.936368 Directions: Waterfront. Near old Vitelco. Next to Dry Cleaners

General Property Description

Sold Price: $2,000,000 Realtor.COM Type: Commercial Lot Acres: 0.49 Taxes: 6485.87 Tax Year: 2013 Water Front: Yes Zoning: B-1 Stamp Tax: Paid by Buyer

Contract Information

Status: Closed Under Contract Date: 2019-09-20 Current Price: $2,000,000 Begin Date: 2015-11-10 Sold Date: 2020-02-21 Sold Price: $2,000,000 Intended Use: Other

Listing/Selling Member Info

Approx Int Sqft: 11000

Not Currently Used

Apt/Unit #: 5

Miscellaneous

Air Conditioning: Central PWD#: D9-1862-T81 Separate Meters: Yes Street Front: Yes

View

Waterfront: Cliff

Parking

Parking: Yes # of Spaces: 12-14 gated

Unit 1 Info

Rent: 5,745. /mo Remarks: Empty

Unit 2 Info

Rent: 1,795.00/mo Remarks: leased

Unit 3 Info

Rent: 3,010.00/mo Remarks: leased

Unit 4 Info

Remarks: leased

Unit 5

Remarks: leased

Property Features

View: Harbor; Ocean; Sea Parking: Off Street
Listing Office: Christie's International Real Estate USVI

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.