99-g Two Brothers We
Not published
40 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Bananaquit House is a turnkey, seven-unit poured concrete complex offering an exceptional investment opportunity in the US Virgin Islands! Perfect for investors seeking a property eligible for a 1031 Exchange. Steps from a beautiful sandy beach, Dorsch Beach, and a short bike ride or stroll to the historic Frederiksted town. This property promises beauty, convenience, and immediate rental returns. Each of the seven units, broken out into five 1-bed/1 bath units, one 2-bed/2 bath unit, and one 2-bed/1-bath unit, features full kitchen and spacious outdoor living space. Three units have private garden views, while four offer stunning sea views. Many units have been beautifully upgraded, and the property is fully furnished and equipped with all necessary appliances, making it aturnkey operation. This ensures a seamless transition for new ownership, allowing you to start generating income immediately.
Last confirmed
- Year built
- 1990
- Type
- Guesthouse
- Land
- 7,018 ft²
- Use
- Hospitality
- Lettable area
- 3,789 ft²
- Occupancy
- 100%
- Tenants
- 7
- Zoning
- R-3
What this listing includes
- Furnished
- Ocean view
- Kitchen
- Parking
What people say about US Virgin Islands
Sources agree that the US Virgin Islands is simple to enter for Americans, since it is US territory, but costly to run once there.
- Concern WAPA electricity is expensive and outages are routine; backup power is treated as standard
- Concern Insurance is a hard market: higher premiums, large percentage windstorm deductibles, trouble for wood-frame homes; flood is separate
- Mixed Closings are attorney-led, take longer than on the mainland, and need a USVI-licensed lender; surveys matter on irregular hillside lots
- Mixed Condo costs are driven by windstorm insurance; check reserves and master policy before buying
The asking price is not what it costs.
More listings on the same island. Availability is confirmed when you enquire.
