Commercial Real Estate Seeking Loan in St. Croix, U.S. Virgin Islands

Commercial real estate business started operating since 2016 is seeking funding.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 300 thousand
EBITDA Margin
10 - 20 %
Local Time
9:11 PM United States
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 7 million for 10.0% annual interest, 10.0 years (Native Currency: USD 7,000,000)
Reason: To acquire properties that are currently under contract.
Collateral Available: USD 18 million
Includes physical assets worth USD 300 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We purchase commercial real estate in the Caribbean Islands & give it on rent to tourists or resell it.

- There is a growing need for ABNB type of accommodations in high tourist destinations as the Caribbean which is our niche market.

- Owner has around 35 years of experience in real estate industry.

- There is only 1 property that's currently with the company. The others are all properties that we have signed LOI's on.

- Business is dealing with ABNB & Hospitality section and Commercial & Industrial section. Properties in the right location that lends themselves to a particular industry will be utilized in the best way to maximize it's potential, be it rental or sale.

Products & Services Overview

Commercial property acquisition, rental, management or resell of small hotels or industrial properties.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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