We are offering 4 units or
25% full ownership of a
64 ft yacht.
We are offering 4 units or 25% full ownership of a 64 ft yacht
One unit will be retained by the current management and owners of the yacht.
One unit has already been sold as of May 2021 and 2 units remain available.
Each unit is capitalized at $395,000 for full 25% fee simple rights title and ownership of the vessel
Each unit is entitled to a full 3 months usage on yearly oscillating basis. For example in year one you would be using the vessel for the month of January February and March. In the second year your usage would be April May and June and so forth for the third and fourth year.
After 4 years we will re-evaluate the yacht and either it will require a one-time Capital Improvement or we will dispose of the vessel and split the proceeds of the funds accordingly.
Your quarterly usage obligation is $18,000. This sum can be paid monthly at $1,500 per month. This sum includes Mooring costs insurance and maintenance. Captain Crew and gasoline for your journey is at an additional cost. We do have a full-time captain and crew that can take you anywhere in South Florida and the Bahamas.
The yacht is in Florida West Palm Beach. The owners live in Florida so swap/time exchange arrangements can easily be accommodated.
The yacht was built in 2009 as the Aicon showroom for N America and splashed in 2012 (documented on title)
It is 100% fully over the top loaded.
The vessel underwent a $500,000 mechanical and cosmetical retrofit. It has a blistering AAAA survey.
You will be impressed!
- PHONE: 561 931 0579
- EMAIL: saveene@saveene.com
Please visit our main site www.saveene.com to learn how you can monetize on your 25% ownership by chartering and similar services
