Description
Exceptional opportunity to acquire a leasehold interest on 8.1+ acres of R-3 zoned waterfront land in St. Thomas. This income-producing property includes a 17-key boutique hotel along with passive income from a long-term restaurant lease, dock, and other rental units. Located in a highly desirable harborfront are a with sweeping Caribbean views, it offers strong occupancy and rising ADR. Ideal for investors seeking redevelopment, expansion, or repositioning. Flexible zoning allows for multi-family, condo, or marina development. A rare blend of steady cash flow, development upside, and location in one of the most vibrant areas of the island.
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17BEDS
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8.11ACRES
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17BATHS
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01/2 BATHS
School Ratings & Info
Description
Exceptional opportunity to acquire a leasehold interest on 8.1+ acres of R-3 zoned waterfront land in St. Thomas. This income-producing property includes a 17-key boutique hotel along with passive income from a long-term restaurant lease, dock, and other rental units. Located in a highly desirable harborfront are a with sweeping Caribbean views, it offers strong occupancy and rising ADR. Ideal for investors seeking redevelopment, expansion, or repositioning. Flexible zoning allows for multi-family, condo, or marina development. A rare blend of steady cash flow, development upside, and location in one of the most vibrant areas of the island.
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