Casa Santa Anna - St. Thomas, US Virgin Islands

 
Information regarding the Sale of Casa Santa Anna:
 
The asking price is $825,000 
 
Seller will not  personally finance any portion of the transaction. However, there are three local and one foreign bank (Scotia Bank of Canada) that will finance the property. It would be considered a "commercial" loan and a down payment of at least 25% would be required to those who are credit worthy.

It is a fee simple, “as is” sale.
 
The sale includes the following:
 
Two buildings comprised of a total of five (5) units. Total square footage is roughly 5000 sq.ft. 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 $3,300.00 per month.
They are all furnished, one bedroom units and have been refurbished.

The Seller currently lives in the "Owner's Unit" but if it were to be rented, it would bring $2,500 (Low Season) to $4,000 (High Season) per month.
To check daily rates at a nearby Bed and Breakfast,  go to:
                                     www.crystalpalaceusvi.com.                  
 
All four of the rental units are furnished in varying degrees, and all of the furniture and appliances convey 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.  A new roof was put in place in 2005.     
 
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,light business,etc...)

                                                     

 
"back roads"
ltJ experience
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