This document is an appraisal report for the IGY American Yacht Harbor Marina, a mixed-use property located in St. Thomas, Virgin Islands. The appraisal was prepared for Banco Popular de Puerto Rico to develop an opinion of the market value of the leased fee interest in the property. The report includes detailed analysis of the property's land and improvements, market conditions, and economic factors affecting the valuation. The marina consists of 250 slips and 5 commercial buildings with a mixture of retail and office spaces. The appraisal concludes a market value of $24,360,000 as of November 25, 2015.
documents/EFTA00803859.pdf
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