Narrative Appraisal Report - St Maarten Notary, Marlene Mingo · 2020. 10. 15. · Narrative Appraisal Report Appraiser: ... Office, workshop and storage →Office and storage are

Kaya Kosecha # 14, Seru Grandi, FUIK

Cell: (+1721) 587-9558 / Cell: (+5999) 560-9558.

[email protected]

Client: Etienne. R. MYERS, residing @ Sugar Hill Dr. 8, Cell: +1721 581-7386

E-mail: [email protected]

Narrative Appraisal Report

Appraiser: Jose’ M. ZIMMERMAN

Inspector: G. FALBRU

Subject ▼

Property located at: Wellington Road. # 19, Cole Bay, Sint Maarten.

Consisting of: Government Long Lease Lands

(Mbr. 490/1987, 293/1989+224/1972)

& 3 thereon standing buildings and appurtenances.

This report considers the entire property as subject.

Report #: JMZ/20/09/042 cw

Date: Wednesday, September 16, 2020

mailto:[email protected]



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TABLE of CONTENTS

==============================================Page #

1. TRANSMITTAL LETTER ......................................................................... 1

2. FACT SHEET.......................................................................................... 2

3. LOCATION ............................................................................................ 3

4. AREA SPECIFICATIONS ........................................................................ 3

5. DEVELOPMENTS ................................................................................... 4

6. DISCUSSION ........................................................................................ 4

7. STRUCTURAL CONSIDERATIONS .......................................................... 4

8. ACCOMODATION / FINISHES ............................................................... 5

9. BEST & HIGHEST USE ........................................................................... 5

10. LAND SALES COMPARABLES ................................................................ 6

11. EVALUATIONS ..................................................................................... 7

1. Value of Land.

2. Construction Value Approach.

3. Needed for completion.

4. Rental income.

12. APPRAISED VALUE’S ........................................................................... 8

13. CONDITIONS AND STATEMENTS ......................................................... 9

14. APPRAISER’S PERSONAL INFORMATION .............................. LAST PAGE

Attachments

A Location Plan. D Floor Plan.

B Cert. of Admeasurement. E Cost Calculations

C Title search Cadaster. F Pictures.



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pg. 1

1. TRANSMITTAL LETTER

Client: Etienne. R. MYERS, residing @ Sugar Hill Dr. 8, Cell: +1721 581-7386

In accordance with client’s request, the property was inspected, researched and this

appraisal report made for the purpose described in this report. Subject to conditions in this

report, undersigned hereby summarize and present the conclusion. A fact sheet is included

and for more detailed information your attention is invited to the interior pages.

Legal Matters

Inspection date : 04&29 Aug +01 Sept. 2020--Effective date: Wednesday, Sep. 16, 2020

Inspected address: Wellington road # 19, Cole Bay, Sint Maarten.

Description : 3 adjacent parcels of Government Long Lease, having a total area of 1000 M2, situated in district of Cole Bay, further described in respective

Mbr. # 490 / 1987, Mbr. # 293 / 1987 and 224 / 1972 with thereon

standing commercial buildings and appurtenances. Title in name of : Country Sint Maarten, assigned to LANSEAIR N.V. obtained through

deed of granting long lease, as indicated on attached title searches.

Report purpose : Auction.

Users : Owner, Commercial Banks, Notary and Insurance companies.

Description at the moment of inspection

Land : Reclaimed flat land, along a paved road, all having rectangular shapes.

Utilities are available via underground connections. No adverse environmental issues.

Improvement: 3 commercial buildings consisting of; 1. Office, workshop and storage → Office and storage are 40 foot containers. The work shop

is a covered area between the 2 containers. There’s a canopy at the office container. 2. Apt. building → Lower floor being an unused office and storage & top floor apartments.

3. Green roof building → Lower floor, 2 identical two bedroom Apt’s, each with porch, bath,

closet & kitchen. Storage under stairs, laundry and utility room. Upper floor, Studio Apt; living/dining, porch, kitchen & bathroom.

The premises is fenced with a low block wall, columns, topped with deco iron works.

Mid-section of the premises is also fenced with deco iron works. A car & walk gate is in the front and rear fence. The block work and columns are plastered but not painted. The yard is

paved with concrete and or pavers. A walk gate in the middle fence. Parking is arranged in

front of the building. No prized plants. The impression is of a commercial establishment.

APPRAISED VALUES

Renovation only Present Situation

US. $ Naf.

Land Excluded Excluded

Market Value 488,887.00 879,996.60

Auction Value, 70 % market value 342,220.90 615,997.62

Replacement value (insurance) 514,304.40 925,747.92

As is evident from attached title searches the properties are encumbered, 3 seizures.

Rental info: Container structure in own use. Apt. building dilapidated, Green roof blg Upper floor owner use, Lower floor not known.

Appraiser; Mr. J. M. Zimmerman, 16 September 2020, Signature-------------------



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2. FACT SHEET

2019 Construction Cost Indicator

Type of Building Simple Moderate Lux

Residential 1,000.00$ 1,200.00$ 2,000.00$

Commercial 1,200.00$ 2,200.00 3,000.00$

Undersigned appraiser classified construction of subject property as: Green roof building > “Simple” for commercial type, valued at $ 1.200, = / M2.

The office, workshop, storage containers will be evaluated separately.

Dilapidated apartment building > “Simple” for residential type, valued at $ 1.000, = / M2.

Appraiser; Mr. J. M. Zimmerman, 16 Sept. 2020, Signature-------------------

Address : Wellington Road. # 19.

Area : North East of Lagoon.

District : Cole Bay.

Occupancy

X Owner / Client.

X Tenants / occupants.

Vacant

Rights appraised

Private property.

X Government lease.

Assignment type

Sales transaction.

Finance transaction.

X Auction

Size

Office 20’ container

Workshop 33, 9 M2 Storage 20’ container

Apt. bldg, each level 60, 3 M2

Green roof Up. fl. 127 M2

Green roof Gr. fl. 92 M2

Stairs, Utility, laundry 35 M2

Age

Year constructed:

1998. Condition: Fair/good Useful Life: 50 years

Zoning and permit

B. Permit #:N/A

Zoning: General

Mbr # : 490 / 1987, 116 M2 Mbr. #: 293 / 1987, 84 M2 Mbr. #: 224 / 1972, 800 M2

Materials used: Traditional block work construction with re-enforced columns, ring beam and floor. Roofing consist of thrushes, covered with T1-11 and galvalume sheets.

Finishing Materials: Ceramic and or porcelain tiles, glazed wall tiles. Alm. windows.

Lumber door frames. Wood and aluminium exterior doors. Wood panel interior doors. Various kitchen cabinets & cupboards. Locks and hardware of common type and American

standard sanitary equipment. Water & oil based paint work.

Extras

- Wall / Iron fence+ gates.

- Yard pavements.

Office/shop/Storage.

- 20 feet container,

office space and 2 toilet rooms.

- Canopy entrance.

Apt. building.

- Lower floor, Office & Storage. - Upper floor, apt.

Green building.

- Ground floor, 2 apt’s.

- Upper floor, Studio apt.

- Storage under stairs,

laundry and utility room.



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3. LOCATION

Subject property is known as: Wellington Road # 19 in Cole Bay.

Wellington Road can best be reached when travelling from the Traffic man round-a-bout in Cole Bay towards direction of Welfare road. Take the second road to your left right

hand side which is Wellington Road.

Count 7 side streets at your left hand and located subject property as second building

after the seventh side street, next to Electech Company.

Access to and from subject property is only via Venus drive. Alternative routing is

indicated in purple. Follow indications in red and land marks in below inserted Google

map.

Latitude: 18° 2'0.41"N and Longitude 63° 5'3.57"W, Altitude 4 meter above sea level.

4. AREA SPECIFICATIONS

Y Urban area / lagoon Y Flood Zone Y Street lighting

Y Stable N Town Area N* Security

Topographical >>>>>>>>> Flat and re-claimed land.

Orientation >>>>>>>>> Close main road.

Infrastructure >>>>>>>>> Paved road / underground utilities.

Y Electricity Y Public Water Y Telephone Y Garbage collection

Y Paved Road Y Cable T.V. N Com. Sewage Y Wireless internet

The area is a stable and well-known residential / marina area.

*Police station in close vicinity.

PDG

ElecTech



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5. DEVELOPMENTS

This specific area has a mix of commercial, Industrial and residential. It is densely

residential populated, with sporadic grocery stores, snack bar and other small scale

commercial activities.

At the moment of inspection, there were no construction on-going on the block and

surrounding. All residences in this area are inhabited. Basic life supporting facilities

are available on the nearby main roads; Well road and Union road.

6. DISCUSSION

All 3 parcels are government long lease land, assigned to LANDSEAIR N.V.

There are the following encumbrances on the parcels:

1- Mortgage B 294 / 19, $ 259.200, =, E.R. Meyers / Smooth Sailing Ltd.

2- Conservatory seizure D17 / 103, $ 357.236, 60, E.R. Meyers / Smooth Sailing Ltd. 3- Executorial seizure D17 / 204, E.R. Island receiver.

4- Executorial seizure D17 / 287, E.R. Meyers / Smooth Sailing Ltd.

5- Executorial seizure D17 / 292, E.R. Meyers / Smooth Sailing Ltd.

In respect with these seizure / attachments, petition has been filed for auction of the

buildings constructed on the land. Land and movable items are not solicited for the

auction.

Appraisal of the property is therefore needed indicating market and auction values.

Focus and scope of work of this report, concentrates on providing the market values,

making use of all possible Value Approaches.

7. STRUCTURAL CONSIDERATIONS

The overall impression is of a commercial compound build on re-claimed land. The office, workshop and storage are housed in 2 apart placed 40 foot containers and the

storage enclosed with roof and floor slab in between.

Structure of the inhabited apartment building are erected in traditional 8” and 6” block work and re-enforced concrete elements. Roofing consist of exposed thrushes, rafters

with a kings post covered with T1-11 and galvalume roof sheets.

The level of skill, workmanship and construction quality of the projection is in line with

present day standards and building code and has an “Average” overall rating as presented blow.

The un-inhabited apt. building is in bad shape and scheduled for demolishing.

Poor Fair Average Good Very Good

0 % 25 % 50 % 75 % 100 %

Construction Quality Y

Room sizes / lay out Y

Bathrooms Y

Electrical Y

Plumbing Y

Parking facilities Y

External work Y



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8. ACCOMODATION / FINISHES

Accommodation on subject property includes 3 commercial buildings consisting of;

1. Office, workshop and storage Office and storage are 40 foot containers. The work shop is a covered area

between the 2 containers. There’s an entrance canopy at the office container.

2. Apt. building Lower floor being an unused office and storage & top floor an apartment. The whole building is dilapidated.

3. Green roof building Lower floor, 2 identical two bedroom Apt’s, each with porch, bathroom, closet &

kitchen. Storage under stairs, laundry and utility room. Upper floor, Studio Apt; living / dining, porch, kitchen & bathroom.

The premises is fenced with a low block wall, columns, topped with deco iron works.

Mid-section of the premises is also fenced with deco iron works. A car & walk gate is

in the front and rear fence. The block work and column is plastered but not painted. The yard is paved with concrete and or pavers. Parking is arranged in front of the

building. No valuable vegetation is present.

Inspection revealed that applied finishing materials are common quality as described

in understated table.

Office, Storage,

Workshop

Floors Walls Ceiling Windows Doors

Entrance canopy Porcelain tiles, 60 x 60 cm + base board

Open, no

railings.

Exposed rafters None None

Office space Porcelain tiles, 60 x 60 cm + base board

Paint on sheetrock panels


Alm & glass picture windows.

Steel plated exterior door.

Bathroom 1

From office.

Porcelain tiles, 60 x 60 cm.

Deco tile board panels.


None Interior door

Bathroom 2

From shop.

Porcelain tiles, 60 x 60 cm.



None Interior door

Workshop Finished cement floor. Paint on container steel.

Paint on container steel.

None Double Iron mash grid doors.

Storage Container floor Not inspected Not inspected None Container doors

Isolation materials inserted in the walls and ceiling of the containers office. Locks &

hardware of Euro type and American standard sanitary equipment. Paint work is water based.

Apt. building

Lower floor.


Office space Alm. Single hung windows Wood exterior

door.

Storage Glass blocks. Wood exterior door.

Bathroom Alm. Single hung windows Not inspected.

Apt. building

Upper floor.


Stairs Plaster/craked. None None None

Apt. Bedroom Alm. Single hung windows, with roll up hurricane shutters

Not inspected.

Apt. bathroom Alm. Single hung windows Not inspected.

For safety reasons, this dilapidated building was not inspected at interiors.



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Green; Lower

floor. 2 Apt’s


Front Porch Ceramic tiles. Paint on plasterwork

Paint on finished concrete.

Steel plated exterior door. None

Bathroom 1 Anti-slip tiles

30 x 320 cm.

Glazed tiles,

border work

Paint on finished

concrete.

Not inspected Not inspected

Closet Ceramic floor tiles 30 x 30 cm.

Paint on plaster work.


Alm. Single hung windows, with roll up hurricane shutters

Not inspected

Kitchen Ceramic floor tiles 30 x 30 cm.

Ceramic tiles 15 x 20 cm.



Not inspected

Storage under

stairs.

Ceramic floor

tiles 30 x 30 cm.

Ceramic tiles

20 x 40 cm.

Paint on finished

concrete.

None None

Laundry Ceramic floor tiles 30 x 30 cm.


Exposed rafters None / Open None /Open

Utility room Ceramic floor tiles 30 x 30 cm.


Exposed rafters None None

Inhabitants of this lower floor units were not available for interior inspection.

Green; Upper.

floor. 1 Studio


Stairs + porch Ceramic floor tiles

Paint on plaster work

Paint on exposed rafters.

None None

Studio area Ceramic floor tiles

Deco plaster work/moulding

Paint on exposed rafters.

Alm. casement windows, roll up hurricane shutters

Steel plated exterior door with burglar bars

Kitchen Ceramic tiles

30 x 30 cm.

Ceramic tiles

between cabinet

Paint on exposed

rafters.

Alm. casement windows, with

roll up hurricane shutters

Steel plated exterior

door.

Bathroom Anti-slip tiles 30 x 30 cm.

Glazed tiles + inlay border.

Paint on drop ceiling.


Steel plated exterior door.

Kitchen cabinets & cupboards with sprayed wood doors and drawer fronts and topped

with corian. Locks and hardware of common type and American standard sanitary

equipment. Water based Paint work.

9. BEST & HIGHEST USE

On 01 June 2010, the island territory of Sint Maarten informed the general public that the transitorily zoning regulation that requires a planning permit for Cole Bay area has

been abolished and that government is preparing development plan for the area.

Building regulations & restrictions are outlined in the plan.

Up to 3 stories high is legally permissible in this area for residential / commercial use. Considering the legal and technical possibilities, it is the professional opinion of

undersigned appraiser that the construction would fully qualify for a state of

“Best & Highest Use”.



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10. LAND SALES COMPARABLES

It is common practice in Sint Maarten that government lease land is valued as equal

to private land. In this regard, recent research from the appraiser’s data base and

Cadaster office provided the following comparable for land values as follows:

The following information became available.

1. Government Long lease canon. The long lease canon for this area is currently stipulated at Naf.3, = per square meter

per year. With this information a minimum value can be calculated as follows:

1000 M2 X Fl. 3, = / M2 X 60 Yrs ≈ Fl. 180.000, = equals $ 100.000, =.

Thus $ 100, = / M2.

2. Private Long lease.

Sentry Hill land with Mbr. # 88 / 2013, 750 M2 acquired in 2013 as private long lease

for an initial amount of $ 87.000, =, appraised in 2020 at $ 116, = / M2.

In close vicinity:

Lands to the East of the public road leading from Cole Bay to Marigot.

Comp 3 = Mbr. # 46 / 1961, 526 M2, appraised on 07 Aug. 2008, for $ 170 / M2.

Comp 4 = Mbr. # 174 / 2001, 1205 M2, $ 220.000, = on 07 May 2013 ≈ $ 183 / M2.

Lands to the North of the public road leading from Cole Bay to Marigot.

# 5) Mbr. # 33 / 2017, 1427 M2, $ 428.100, = on 22 May 2020 ≈ $ 300, =/ M2. # 6) Mbr. # 28 / 2020, 654 M2, $ 180.000, = on 27 Aug. 2020 ≈ $ 275, =/ M2.

Lands along Simpson Bay lagoon.

No recent comparables were found through research at cadastre office.

Considerations Undersigned considered the following aspects on abovementioned comparables:

An average between the government & private long lease is a minimum value.

Properties in close vicinity, East of the public road average to $ 178, = are similar

to subject property.

Subject property is along the lagoon and capitalize on this aspect. Properties in close vicinity, North of the public road average to $ 288, =.

It is therefore the professional opinion of undersigned appraiser that the most

probable value for subject property would be:

√ - Higher than the properties, East of the public road.

When considering all factors affecting the property, it is the opinion of the appraiser

that the fair value for land pertaining to subject properties on its location should be

reconciled and rounded to US. $ 200, = / M2.

Comparables and long leases are indicated on attached location plan.



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11. EVALUATION

Available data related to subject has been gathered and evaluated. A value via the

Construction Value Approach has been analysed in order to form a methodical opinion of the value. The analysed information is in opinion of the appraiser, true and based

on current construction costs and market forces in Sint Maarten.

1. Value of land.

Making use of the appraiser’s opinion that the fair value for land pertaining to subject

property should be $ 200, = / M2 and the total area of all 3 parcels at 1.000 M2, the land value is calculated as follows:

US. $ Naf.

3 parcels total 1000 M2 @ $ 200, = / M2 200,000.00 360,000.00

All 3 parcels are government long lease land. Land and movable items are not solicited for the auction. Hence the land value will not be further incorporated into the

requested auction value. Above indication serves solely as a reference for the

prospective reader / auctioneer.

2. Construction Value.

On page 2 of this report, undersigned appraiser classified construction of subject as: Dilapidated apt. building: “Simple” for residential type, valued at $ 1.000, = / M2.

Green roof building: “Simple” for commercial type, valued at $ 1.200, = / M2.

The office, workshop, storage containers will be evaluated separately.

A valuation via Construction Value Approach is made by adding, construction cost of all physical components. In this situation the land value is not incorporated. There are

yard pavements, deco fence work and hurricane shutters to be considered.

Depreciation is considered on the dilapidated apt building. This calculation results as

indicated below.

271.92 US. $ Naf.

Value of container structure = see calculations 35,000.00 63,000.00

Value of delapidated building = 2 levels 60, 3 M2 each @ $ 1.000, =/ M2 120,600.00 217,080.00

Depreciation on delapidated building = ± 50 % -60,300.00 -108,540.00

Value of Upper floor green building =127 M2 @ $ 1.200, =/ M2 152,400.00 274,320.00

Roll-up hurricane shutters upper floor = estimate 23,687.00 42,636.60

Value of lower floor green building =92 M2 @ $ 1.000, =/ M2 92,000.00 165,600.00

Stairs, Utility room and laundry 35 M2 @ $ 300, = 10,500.00 18,900.00

Fence block work with deco steel work 156 M1 @ $ 200, = / M1, plus gates. 40,200.00 72,360.00

Yard pavement 1000 - 60.3-127-((6+2.4+2.4)*6) = 748 M2 @ $ 100 = / M2 74,800.00 134,640.00

---------------- ----------------Totals Present Property Value 488,887.00 879,996.60 Via Construction Value Approach, subject’s present value is estimated at $ 488.887, =.

3. Other approaches. The economic value approach could not be utilised for this assignment, as there are

no rental data, the dilapidated apartment building is not in use and the upper floor of

the green roof building is owners inhabited, while the container structures are in use

by owners. Research on Sales comparable for similar compounds resulted futile.

Conclusion It is therefore undersigned professional opinion that the value for subject property via

the Construction Value Approach could be reconciled and rounded as indicated in

subsequent chapter of this report.



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12. APPRAISED VALUE’S

The appraiser ascertains that considering the Construction Value Approach, appraised interest, construction quality and the development trends in this area, the value of

this commercial property, excluding the land is appraised as stated below:

Renovation only Present Situation

US. $ Naf.

Land Excluded Excluded

Market Value 488,887.00 879,996.60

Auction Value, 70 % market value 342,220.90 615,997.62

Replacement value (insurance) 514,304.40 925,747.92

Note 1:

The dilapidated apartment building which is not inhabited, neither in use, is not included in the replacement cost for insurance purposes. The building is scheduled for

demolishing.

Note 2:

The calculations via Construction Value Approach shows how the value is build up, leading to the market values. The re-construction value should exclude the land value; however take into consideration cost such as demolition, drawings, building

permit and future increase in construction cost. These cost components are added as

20 % of the calculated construction cost, (excluding the land value).

Note 3:

It is NOT recommendable to exclude insurance on the cost of foundation up to ground floor of the building from the indicated replacement value. This represent ± 11 % of

the insurable value. Client can also opt to insure for the indicated market value. Beware of under & over insurance.

These options should be consulted with your broker.

As is evident from attached title searches the properties are encumbered, 3 seizures.

≈∞≈



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13. CONDITIONS AND STATEMENTS

☛This appraisal does not include any personal belongings and or equipment’s.

There are several machinery, construction equipment, scaffolding and other

construction items on site.

☛Undersigned hereby states that he has no further or any interest whatsoever neither

in subject property, nor with the owner thereof nor any party concerned therewith.

☛Furthermore, this report cannot warrant the property to be free of insect infestation,

and or any other adverse condition not immediately evident on a brief inspection.

☛Attached floor plan has been provided by client & inspector, drawn by undersigned

and included in this report with the sole purpose of illustrating present situation to the

reader. The real situation might differ slightly from the drawing.

☛Subject property was personally inspected by the inspector. The owner provided

necessary information and had a fair change in discussing the content of this report

prior to its final presentation.

☛Engagement in this assignment was not contingent upon developing or reporting

predetermined results.

☛The appraiser will not give testimony, appear in court or be liable because he made

an appraisal of the property in question, unless specific arrangements have been made beforehand or as otherwise required by law.

☛Furthermore undersigned appraiser states to have maintained the usual professional

ethics when researching, producing and reporting this appraisal assignment.

☛Client is authorised to make hard copies, scan and make electronic versions of this

report, for the use as intended with this report. Client is not allowed to make any

changes to the report and the original signature may not be forged.

Jose M. Zimmerman.

Appraiser / Architectural Supervisor.

16 September 2020



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A Location Plan

Private Long lease

Gov. Long lease

Subject Property

Comparable



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B Title searches Cadaster



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Cell: (+1721) 587-9558 / Cell: (+5999) 560-9558.

[email protected]



Cell: (+1721) 587-9558 / Cell: (+5999) 560-9558.

[email protected]



Cell: (+1721) 587-9558 / Cell: (+5999) 560-9558.

[email protected]



Cell: (+1721) 587-9558 / Cell: (+5999) 560-9558.

[email protected]



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C Floor Plans

(Interior not inspected)

Closet

K itchen/ Dining/ Living

Down

PorchPorch

Lau

nd

ry A

rea

Utility Room

Bathroom

Kitchen/ Dining/ Living

Bathroom

Closet

Bedroom #2Bedroom #1Bedroom #2Bedroom #1

Bathroom

Kitchen

Porch

Dining RoomLiving Room



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Front Office

Office / Storage

Workshop

Storage

Apartment

Storage container

Entrance Canopy



Down

Up



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D Value container structures

Price calculation Container Structures

Name: MEYERS

Project: Commercial establishment Cole Bay

Address: Wellington Rd. # 19

Calculation date: 08 Sept. 2020

All in

Description Unit Amount Price / unit Value = = =

1 Container 20 feet Each 2 3,500.00 7,000.00

2 Tile work container floor M2 14.64 30 439.20

3 Interior paneling Each 22.8 15 342.54

4 Windows Each 2 250 500.00

5 Exterior Door Set 2 735 1,470.00

6 Interior Doors Set 2 235 470.00

7 Paint work M2 67.98 12 815.74

8 Canopy roof M2 8.57 140 1,199.10

9 Canopy floor M2 8.57 140 1,199.10

11 Work shop Floor M2 33.9 100 3,390.00

12aWork shop roof M2 33.9 150 5,085.00

13 Work shop steel doors M2 15 750 11,250.00 = = =

33,160.68Address: Wellington Rd. # 19

Calculation date: 08 Sept. 2020

All in

Description Unit Amount Price / unit Value = = =

1 Container 20 feet Each 2 3,500.00 0.00

2 Tile work container floor M2 14.64 30 0.00

3 Interior paneling Each 22.8 15 0.00

4 Windows Each 2 250 0.00

5 Exterior Door Set 1 735 0.00

6 Interior Door Set 2 235 0.00

7 #REF!

8 Completed 0.00

9 Completed 0.00

10 Completed 0.00

11 #REF!

12a #REF!

13 Completed 0.00

14 #REF!

15 Estimate 1,237.50 = = =

44.47606557 #REF!

Needed for renovaton #REF!

Above calculation indicates a rounded value of container structures at $ 35.000, =.



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E Pictures

Street scene in front subject Right alley

Container Structure Office interior Toilet Office interior

Dilapidated apartment building

Green roof building seen from rear

Interiors of upper floor, green roof building

Left elevation, green roof building Laundry at right elevation

Picture Page - 1



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14. PERSONAL INFORMATION

Name : Jose Maria H. Zimmerman

Address : Golden Grove Estate Rd. # 80, Belvedere, Sint Maarten N.A.

Contact : Cell # 522-7868 or Whats-app 587-9558. E-mail: [email protected]

Education

1968 – 1972 : LTS, carpenters department, Technish Gollege Sint Jozef at

Curacao N.A., graduated for diploma on July 09, 1972.

1978 – 1979 : Management on the job training. YDO Consulting Group N.A.

Certificate of graduation dated June 01, 1979.

1997 : Concrete Technology CB.1. Koninlijke PBNA, Arnhem, Holland.

Certificate of graduation dated August 17, 1979.

1976 – 1981 : MTS, department engineering, MTS Curacao N.A.

Graduated for diploma on June 23, 1981.

1981 : Supervisory Management Course. American Management Associations.

Certificate of graduation dated November 30 1981.

1983 : Concrete constructions, University Ned. Antilles.

Certificate of graduation dated ……….1983.

1999 : Training Costumers Skills from Qualitivity Inc.

Certificate granted on March 20 1999.

1998 – 2000 : Real Estate in construction, written course Eurodidakt Holland.

2001 : Workshop for Customer Service Training, CEB Consultancy

Certificate awarded on 13 July 2001.

: UAR, UAV, SAAB from Stichting Intermediar Bedrijfs Beheer.

Certificate awared on 25 August 2001.

2002 : AutoCad 14 & AutoCad 2000.

2006 : Workshop for Customer Service Training.

2006 – 2007 : VKS training.

2008 : Fundamentals of Real Estate Appraisal & Basic Real Estate Appraisal “Principals & Procedures”.

2009 : General Insurance History (ICWI)

2010 : ICWI, insurable interest of immovable properties.

2011 : Auto CAD 2012.

2012 : Capacity development program, Costumer Service Empowerment Program (WSP &Embrace group) USONA

Computer Knowledge: Lotus 1-2-3; Windows 8.1; Microsoft word and Excel; AutoCAD 2013. Also some not trade related diploma’s & certificates, ex:

Parenting & Education; French beginners; French grammatical; Agriculture – Horticulture; Child care; First Responder; Pregnancy course, Rhetoric training

and VKS training.

Work Experience

1972 – 1974 : Independent carpenter / coffin builder.

1974 – 1976 : Carpenter at numerous building contractors.

1976 – 1977 : Military service, in camp carpenter and sniper peleton.

1977 – 1979 : Foreman / executer at ABC construction company Curacao N.A.

Executed works : Office complex AOB Architects.

: Surveying height level of Gosie weg pressure line.

: Rainwater drainage project of Koraal Specht.

: Theodolite work on foundation, police office Canario.

: Renovation Banco di Caribe office in Curacao N.A.

1979 – 1987 : Architectural Supervisor at housing foundation FKP in Curacao N.A.

Executed works : Public housing project at Terra Cora, 225 homes.

: Public housing project at Cabo Verde, 105 homes.

: Middle class home project at Jan Thiel, 35 homes

: Public housing project at Muizenberg, 375 homes.

: Project leader 35 homes at Marie Pampoen.

1987 – 1994 : Owner / Director of Carpenter Shop N.V. Kapataz.

1994 – 1996 : Turn Key project Manager. Development, construction and sales of

social housing c.q. district renovation with own work group.

1996 – 1997 : Architectural Supervisor in charge of Home Repair Program, at SMHDF.

Biggest achievement 1,5 mln US $ insurance claim for SMHDF. 1997 - 2008 : Architectural Supervisor, development of Self Building Program and

continuation of Home Repair Program at SMHDF, Sint Maarten N.A.

: Acting interim Head Technical Department SMHDF during the period of April 1999 until March 2000.

2009 - 2011 : Supervisor technical department in charge of restructuring of maintenance department.

02007 – to date : Draftsman, Real estate appraiser and cost calculator as part time activity.

Appraisals done since 1998: Several hurricane claims among others after hurricane “Jose’ & Lenny”.Several private homes & Businesses for diverse

purposes, e.g. Court settlements, Sale & purchase, Insurance purposes, Financing and re-financing, Management information, Succession and estate

planning. Important appraisals: WIB N.V. appraisal project 2008, Point Blanche Prison, Police Stations Philipsburg and Simpson Bay, Police training center, and

Detention Centre Simpson Bay. All catholic and SVBO schools on SXM. Island wide representative & hurricane assessments after Hurricane Gonzalo in

2014. Independent claim consultant after ‘‘IRMA’ in 2018’.

Appraisals Accepted by: Windward Island Bank N.V. / Banco di Caribe / Post Spaar Bank N.V. Henderson Insurance, (ICWI) Naggico Insurances /

Notary offices and SXM Court of justice.

Reference 1 Reference 2

Ir. Herman George. Honourable Mrs. Millicent Lopez-de Weever

Ex. Director of FKP Curacao N.A Professional office manager / Ex. Acting Ltn. Governor

Presently director of Reda social Tel: (0) 5423399

Language

Papiamento : Good writing & verbal.

Dutch : Good writing & verbal.

English : Good writing & verbal.

Spanish : Average writing verbal.

French : Poor writing & verbal.

Creole : Average writing verbal.

Character description

Extravert, Strong perseverance.

Kind person. Deep social feelings and

emotional reactions in stress situations.

Good organizer, Very loyal, critical

towards others. Honest and always

ready with a helping hand.

Computer Knowledge

Lotus 1-2-3.

Windows 2008.

Microsoft word and Excel.

AutoCad 2010

Sports

Basketball FIBA rules. (Official

referee and game administrator)

Chess

Hobby’s

Astronomy

Reading.

Charismatic

Personality Have at least 75% of the personality traits to be a successful sales person.



Cell: (+1721) 587-9558 / Cell: (+5999) 560-9558.

[email protected]

INVOICE

Jose M. Zimmerman

Kaya Kosecha #14, Seru Grandi INVOICE DATE 10 Sept. 2020

Curacao

SOLD TO:

Etiene R. MEYERS

DESCRIPTION AMOUNT

Making of Narrative appraisal report

$2,000.00

To be paid >>>>>>>>>>>$2,000.00

Totals this invoice >>>>>>>>>>>$2,000.00

Payment method

X Bank charge to account WIB # 105931007

PAID IN FULL

MAKE ALL CHECKS PAYABLE TO:

Jose M. Zimmerman

Kaya Kosecha #14, Seru Grandi

Fuik, Curacao

Old address; Golden Grove Estate Rd # 80

Belvedere

Roll-up Shutters Width Hight Area Amount T-Area

Window 2.00 1.46 2.92 2 5.84

Window 0.96 1.46 1.40 4 5.61

Window 2.10 1.15 2.42 2 4.83

Window 1.40 1.46 2.04 1 2.04

Window 0.90 0.90 0.81 1 0.81

Door 1.86 2.45 4.56 1 4.56

Totals >>>>>>> >>>>>>> >>>>>>> >>>>>>> 23.69

Price / M2 Roll-up Shutters 1000.00

Value of shutters >>>>>>> >>>>>>> >>>>>>> >>>>>>> 23,687.40



Cell: (+1721) 587-9558 / Cell: (+5999) 560-9558.

[email protected]


Documents

Narrative Appraisal Report - St Maarten Notary, Marlene Mingo · 2020. 10. 15. · Narrative Appraisal Report Appraiser: ... Office, workshop and storage →Office and storage are