The property owner leases 3.2 acres of seabed from the Government of the Virgin Islands.
The Government of the Virgin Islands leases 3.2 acres of seabed to the property owner of IGY American Yacht Harbor Marina.
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This document is page 2 of a property appraisal report, dated December 15, 2015, prepared for Roberto A. Soltero of Banco Popular de Puerto Rico. The report values a 250-slip marina property in the Virgin Islands at a market value of $24,360,000 as of November 25, 2015, and details the allocation of this value between tangible assets.
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This document is a property appraisal and analysis for the IGY American Yacht Harbor Marina, a 250-slip marina with commercial buildings in the Virgin Islands. It details the property's physical specifications, construction history (1991-1995), and occupancy status, noting that the seabed is leased from the Government of the Virgin Islands. The analysis is based in part on a land survey by Brian Moseley dated December 10, 2010.
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