I thought that too, before this owner purchased it and put another $220-$250k of upgrades into it. Now the purchase price is back to about what he purchased it for...
The photos don't show the current condition of the boat. It is a steel boat and rust never sleeps. There are places on it where the rust has opened fissures in the paint that need to be ground down to good steel and welded back up and painted.
There are a few design issues that cause me to question this boat. The underside of the brow and side decks are wood, not steel. That wood planking has cracks where it appears to be falling over the helm station windows.
It was commercially built in china for the first owner.
It is a lot of boat for not much money, though. If you're handy and able, could be put back into good condition, but it would cost a lot to hire it done, I think. It is a low hours boat with lots of room and features but since the original owner died after commissioning and his business partner bought the boat off the estate and found it was too much boat for his use. It sat for years waiting on this current owner.
The broker talks about the owner being a retired 777 pilot (like it's a good thing) when I would have prefered the boat of the 777 mechanic instead.
The current owner did add water maker, solar panels, inverters and new batteries, as well as upgrade the prop shafts and clean up the props. I think he also rebuilt the transmissions too but that's an educated guess.
It needs paint badly, and the underlying rust problems fixed, ASAP!
It has stabilizers and they are protected by rolling chocks so it is unlikely that roll will be a problem.
It has a ton of tankage (6000 gallons or something similar). From what I understand, it is a quite efficient boat up to about 9 kts. so it has legs.
I have more pictures of the boat if anyone is interested.
No; I am not connected or related to the boat or any of it's owners.
