Listings

Property Description

Leisure Investment Properties Group is proud to present the opportunity to acquire Tamarind Reef Resort, Spa, and Marina in beautiful St. Croix, U.S. Virgin Islands. The Tamarind Reef Resort and Marina is a unique investment opportunity for a developer with the luxury of an existing operational infrastructure to generate revenue during expansion. There are considerable development opportunities for the property (more details can be found on pg. 27 of the Offering Memorandum). This 48+ acre property is set on two spectacular beaches with fantastic snorkeling – a short swim from Green Cay, nestled in the architecturally stunning Southgate community and bounded to the east by a 100-acre Southgate coastal reserve just 10 minutes to historic Christiansted town.

The property is the only Resort & Marina in the US Virgin Islands and currently features a 163-slip full-service marina in a sheltered lagoon. The position on the island and sheltered lagoon makes this piece of land well known as a hurricane hole. The marina enjoys the prestigious Blue Flag eco distinction – the first location with this distinction in the USVI! The various revenue streams of the Resort, Marina, and Leases allow for consistent success given the diversified portfolio of assets.

Amenities
Investment Highlights

Listing Price $23,950,000 – (REVENUE $4,270,656, EBITDA $847,638 – Additional $8m in land value)

163-slip Premier Deep-Water Marina (Blue Flag eco-distinction)

40-room Waterfront Resort Featuring Newly Renovated Suites

Incredible Development Opportunity to expand Marina Slips and build Flats, Townhomes, and Retail operations overlooking the stunning views of the Marina. (Approximately 20 Acres of developable land)

Two Restaurants on site. Galleon is currently being operated as an Events Venue capable of hosting Corporate Events, Weddings, and More…

Tamarind Reef Resort Spa & Marina

Christiansted, St Croix

$23,950,000
Basic Details
Status : Available
Price : $23,950,000
Listing Type : Public
Rooms : 40
Ownership : Fee Simple
Country : US Virgin Islands
City : Christiansted
Listing Broker : Calabash Real Estate
Listing Broker Name : Honnie Edwards
Listing Broker License : VI - 00820
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Advisor
Robert Marro
Leisure Investment Property Group
17539 Darby Lane, Tampa, Florida 33558
Contact Advisor
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