Information regarding the Sale of Casa Santa Anna
The asking price is $895,000.
Seller will not personally finance any portion of the transaction. However, there are three local and one foreign bank (ScotiaBank of Canada) that will finance the property. It would be considered a "commercial" loan and a down payment of at least 30% would be required to those who are credit worthy.
It is a fee simple, “as is” sale
The Seller will pay the local US Virgin Islands Stamp Tax at closing
The sale includes the following:
Two buildings comprised of a total of five (5) units. The video tour that you watched showed only the Owner’s apartment. Photos of the other four apartments can be emailed upon request.
The rental apartments are fully occupied and generate $3200.00 per month.
They are all one bedroom units and have been refurbished.
All four of the rental units are furnished in varying degrees, and all of the furniture conveys to the Buyer.
All units are separately metered for electricity and the tenants pay for their own usage.
The Seller pays for the tenant’s water, basic cable TV, and Wi-Fi Internet service.
There is a very large freshwater cistern that captures rainwater from the roof. A pump room with individual meters is in the ground floor apartment, but is not in use. The roof deck has enough space to accommodate solar panels for a net metering system.
One of the units is a cottage that was the original kitchen. It still retains the original “pizzeria” style brick ovens and has a herringbone-patterned brick floor.
Connected to the cottage is a garden shed to store tools, paint, gardening gear, etc…
All of the units’ appliances are about four years old and convey to the Buyer.
Three of the four units have window air conditioning units.
The Owner’s apartment has a two-zone central air conditioning system.
The property is zoned R-4 ( bed and breakfast, special events,etc...)
The Seller also has a seven-unit historic building for sale that is nearby.
Located only a few minutes away, 22 Commandant Gade is the perfect compliment to Casa Santa Anna for someone wants to try their hand at running
a Bed & Breakfast.
Feel free to inquire about 22 Commandant Gade when you contact me.
