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2.41 MB
Extraction Summary
1
People
3
Organizations
1
Locations
1
Events
1
Relationships
4
Quotes
Document Information
Type:
Marina market analysis / real estate appraisal
File Size:
2.41 MB
Summary
This document is a marina market analysis for the IGY American Yacht Harbor Marina, covering the period from 2010 to 2015. It provides a detailed breakdown of rental revenue, occupancy rates, and rental costs per linear foot, noting that while the 2015 occupancy rate is slightly below historical averages, the property is considered to be at a stabilized occupancy. The analysis, produced by a firm with the logo 'irr' and part of the 'HOUSE_OVERSIGHT' document collection, is relevant to the Epstein investigation due to the marina's location in St. Thomas, USVI, where Epstein had significant assets.
People (1)
| Name | Role | Context |
|---|---|---|
| Management | Marina Management |
Mentioned as the source for the information that approximately 60% of occupants are seasonal or annual tenants.
|
Organizations (3)
| Name | Type | Context |
|---|---|---|
| IGY American Yacht Harbor Marina |
The subject of the market analysis. IGY stands for Island Global Yachting.
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| irr |
Logo appears in the footer, likely the appraisal or real estate firm that produced the report.
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| HOUSE_OVERSIGHT |
Appears in the footer as part of the document identifier, suggesting the document is from a House Oversight Committee...
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Timeline (1 events)
2010-2015
Analysis of historical occupancy and rental rate data for the IGY American Yacht Harbor Marina, which contains 105 wet slips.
IGY American Yacht Harbor Marina
Locations (1)
| Location | Context |
|---|---|
|
The subject property being analyzed in the report. It is located in St. Thomas, U.S. Virgin Islands.
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Relationships (1)
Marina Operator
→
Lessor-Lessee
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Tenants
The document describes the leasing of marina slips to tenants on a daily, weekly, monthly, seasonal, and annual basis.
Key Quotes (4)
"marina sales have indicated that now is a good time to invest in a marina, despite the previous recession and limited financing."Source
HOUSE_OVERSIGHT_018841.jpg
Quote #1
"According to management, approximately 60% of the occupants at any given time are seasonal or annual tenants."Source
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Quote #2
"The subject's current occupancy rate is slightly lower than historical rates, but the property is considered to be at stabilized occupancy."Source
HOUSE_OVERSIGHT_018841.jpg
Quote #3
"The weighted average contract rate is $37.29 per linear foot per month for the year to date 2015, which equates to an average contract rate of $447.50 per linear foot per year."Source
HOUSE_OVERSIGHT_018841.jpg
Quote #4
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