Red Hook is home to a large amount of nightlife in St Thomas, with numerous restaurants and bars. There are also numerous offices, grocery store, retail stores, parking, one of the two local high schools, and most importantly the ferry to St John and other British Virgin Islands. So the location is outstanding, offering lodging as a permanent address, long term rental, or vacation rental. Hence, it can be used personally or as an investment.
This particular condominium is in need of a renovation, and is priced as such- offering great value for those looking for an excellent deal.
This will be a short sale needing bank approval.