12-Unit Apartment Building Charlotte Amalie
Available on request80 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
- Type
- Apartment
- Land
- 2,616 ft²
- Year built
- Available on request
What this listing includes
- Parking
- On-site security
- Gated community
- Elevator
- Conference room
The reason to consider it.
Turnkey Investment Opportunity | 12-Unit Apartment Building | 100% Occupied | 8% Cap Rate. Located four blocks from the Waterfront in historic Charlotte Amalie and walking distance to Main Street and its many shops and restaurants.
Major Tax Advantages for Investors - This property sits in both a Federal Opportunity Zone (with potential for capital gains tax deferrals) and a USVI Enterprise Zone, offering qualifying investors up to a 90% reduction in income tax and a 100% property tax exemption. Foreign investors may also benefit from no income or property tax obligations. Please confirm all tax benefits with your tax advisor.
The original portion of the building is believed to date to the 1700s, featuring masonry rock walls up to 18 inches thick. Historic Garden Street, once home to the wealthy elite, is now home to restaurants, short-term rentals, boutique hotels, and the top-rated All Saints Cathedral School.
US Virgin Islands
The shaded area shows US Virgin Islands, not the home itself. We share the exact address, access and boundaries once we have spoken.
The asking price is not what it costs.
More listings on the same island. Availability is confirmed when you enquire.
