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The subject property's parking garage encroaches on two neighboring parcels owned by the Government of the Virgin Islands.
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This document is page 38 of a property analysis report for the IGY American Yacht Harbor Marina in Red Hook, Virgin Islands, likely prepared by the firm 'irr'. The analysis notes the property's location in a floodplain, its extensive road and water frontage, and two minor encroachments by a parking garage onto adjacent, government-owned land remnants. The report concludes that these encroachments are insignificant and do not adversely affect the property's value, assuming a clear and marketable title.
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