Fractional ownership 1981 cym 36'9"

[Whgoffrn]

I am considering a fractional ownership on a new purchase trawler ... the boat was purchased the boat a month ago and spent a couple weeks on it and all seems to run and operate as it should the vessel has had a semi recent survey that looked fairly decent and I can send if interested ....I have $20k in the boat so far and feel it was a steal at that cost but the boat would be best if another couple thousand put in for all new belts impeller heat exchangers hoses etc etc as I want to ensure the ford lehman 120 continues to run as it is for many years to come ....upgrades can be discussed and costs split ....it is currently dry docked at indiantown marina at $305 a month insurance roughly 1500 per year costs to be split. All details of fractional ownership up for discussion.
The boat has long range capabilities with 2 x 200 gallon fuel tanks and 4x 100 gallon water tanks ...has tons of storage room. 7 gel batteries with solar and an inverter to run microwave and stove . Ac is in the boat although not currently hooked up.
I purchased the boat just a little over a month ago and knowing I cant/ wont use the boat year round financially it makes the most sense to find a reliable mature partner to split costs with.

 

[menzies]

We're you considering fractional ownership prior to buying it or have the costs so far surprised you?

 

[Comodave]

I think he already bought it. I think this boat was the one that was going to be anchored unattended for 10 months at a time, maybe.

 

[Whgoffrn]

We're you considering fractional ownership prior to buying it or have the costs so far surprised you?

You can find posts of mine on cruisersforum years ago where I was looking for fractional ownerships for sale...at the time I was looking for morgan out islands but it truly does make better financial sense IF (BIG IF) two owners can find themselves on the same page in what they want and time they plan to use it and both parties responsibly use the vessel...... I had been looking for a fractional ownership on a big sailboat for years until I realized that living space per linear foot was so much bigger on a trawler than a sailboat ....I'd actually priced a couple main ships 3 years ago but trawlers get a lil pricey.....not many fractional 50% ownerships on trawlers or sailboats of decent size that I've found for $10k or I'd have jumped all over it....so I decided to purchase first and sell

 

[Whgoffrn]

As you can see oddly enough I just received an email about a post where I was looking for a person for a fractional ownership on a Morgan oi 41 or endeavor 37 that email was just from the other day on a post back in 2017