Sail Captain Jack's 65' Custom Motor Sailing Catamaran

Craft Value: $750,000 Business Value: $ 250,000, U.S. & Mexico Total Value: $1,000,000

Have: Private yacht or charter. "The fastest motor sailor in the world." 65 foot catamaran. 49 guests + 3 crew. 1996 construction by Hill's Marine. 92' retractible mast. 30' beam. 2500 sqft sail. Width is 30', weight is 49 ton, includes 3 helm stations. Two 350hp Caterpillar engines w/less than 1300 hrs. Includes 5 KW Ginset. Construction is wood hull w/fiberglass. 4 years to build. Licensed captain will stay with craft. New galley & equipment includes radar and electronics. Lightweight w/reclineable & rev- ersable aircraft seats. 6 tables of 4 w/add'l. 8 @ formal table. Two 7' couch/bed/ storage lockers. Fireproof Tahitian decor/drapes. As of 8/2000 subject asset was donated to Marine Institute due to inability to construct a transaction.

Location: Alamitos Bay, Seaport Village, Long Beach, Calif.

Benefits needed by client: Sale or trade for investment property. May consider plane. Geographic areas of interest are Calif., Hawaii, Aspen,Colorado. Always looking for great surf.

Can add: Seal Beach oceanview commercial lot, F&C, @ $375K. Owns F&C residential income properties.

Remarks: Business includes PUC, ABC & business licenses, health permits and routes. Coast Guard approved charter. U.S. Coast Guard requires Captain, 1st mate and deckhand. Ports of call in Huntington Harbour, Newport Beach, Catalina Island, Long Beach, Los Angeles & Cabo San Lucas; cross channel service; long and short charter; island cruises plus private yacht anchorage.