St. Thomas, Virgin Islands

00-VI 101

Commercial Income Properties

 Either Sale or Exchange
 
   40 A&B Smith Bay,  St. Thomas, Virgin Islands
   00802  USA
   Price: $495,000 US
Income 1998:       0
Income 1999:       0
Expense_98:      $7000
Expense_99:      $7000 (Current taxes $703 per annum. Computed on 1.25% of 60% of gov't assessment.)
 

Property Description:

Entertainment complex on .58 acre adjacent to one of island's premier resorts.  Includes fully equipped restaurant, separate pub, rentable offices.
Property currently vacant.  Potential rents and fees $71K to $148K per annum (per certified appraisal).

Will exchange for:

Office Bldg, Apartment Bldg, Land etc.  Preferably East Coast but open.

Remember to use the number of this ad in your communication

Please contact us via:

jim@1031invest.com Or

*** 928) 282-9469 ***
*** 800) 518-0089 ***

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