Honnie Edwards
Broker/Owner
honnie@calabashrealtors.com
Mobile: 340.690.6616

Christiansted Office:
4126 La Grande Princesse
Christiansted, St. Croix 00820
Phone: 340.718.5285
   Fax: 340.718.8345

Co-Listed with:

Extraordinary Property

Existing 50 unit lodging and timeshare development comprised of 39 buildings totaling approximately 22,492± square feet of gross building area. Guest units are of cottage-style configuration and of masonry and wood frame construction.
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Situated on 31.50± acres of gross land area.
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Built circa 1973 and renovated on numerous occasions.
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Property features include lobby/reception area, outdoor pool, sidewalks, paved surface parking, and on-site restaurant.
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Standard room amenities include a double or queen sized bed, television, lounge chair, night stand, coffeemaker, microwave, and refrigerator. Some of the renovated units provide full kitchen facilities with granite countertops.
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Cottage units are adjacent to the Caribbean Sea via a short walk through landscaped gardens. Many cottages feature excellent ocean views. Cottage sizes include small studio (18 units), standard studio (18 units), studio2 (8), One bedroom3 (6).
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Located approximately three miles east of the town of Christiansted, the property is easily accessible to motorists traveling east/west on East End Road, Route 82, the primary roadway serving the East End.
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Zoned R-3 “Medium Density Residential".
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Presently configured for condominium, timeshare, and hotel rental sales.

The Residences at Banyan Hill
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Currently 15± acres of the 31.50± acres of the property are allocated to a proposed 29 lot subdivision known as the Residences at Banyan Hill. Plan of subdivision was recorded in 2009. Inventory consists of 29 vacant lots of .50± acres a piece. Present improvements include paved roadways, underground electrical conduit and phone lines installed, inspected, and approved.

List Price: $5,200,000.

Please contact listing broker for additional details and showings.