In article .com,
"~^ beancounter ~^" wrote:

for anyone l@@kin for a project that could
yield a) good sailing b) $ profit (if ya got the time)
the below notes refer to a 1986 ericson 38 on
e bay right now...no reserve..$5k.....


------------------------ebay snip---------------------
This boat was swamped and sank in Hurricane Marilyn in 1995. She has
been in storage in Villa Marina, in Farjado on the back lot since then.
Termites ate a lot of the non-teak wood below. About 50% of the
cabinetry has been rebuilt and the original teak doors and drawers are
ok. She needs some one who is willing to spending real time rebuilding
the rest of the woodwork and putting in new electrical and plumbing.
The rigging needs to be installed and there may be some parts to be
purchased. Depending on the amount of expertise you have in boat
restoration it should take about $5,000 to $10,000 worth of additional
parts. The topsides deck is in almost new condition. the motor is
probably not worth rebuilding but for $300 a Perkins 4-108 50 hp/ with
transmission can be had. The boat has a valid Virgin Islands
registration. The boat is sitting on a free mooring and my suggestion
would be to buy a Honda 2000 generator, bring down your wood working
tools and rebuild it here in Paradise. The seller has started the
process of rebuilding but has taken on other projects and just wants
out of the deal. Please do not email for additional information. For
additional information call Gady or you can call me Loren Fletcher at
340-998-2318


Oh Wow! Sounds like the boat my surveyor offered to give me for free.
After admiring the beautiful lines and obvious pedigree, I looked a
little closer and said, "I'm not sure it's worth that much." I passed.

I suspect $10k may be required just to get it to float, never mind the
rotted cores and interior that obviously needs to be completely rebuilt
from the keel up.

--
Jere Lull
Xan-a-Deux ('73 Tanzer 28 #4 out of Tolchester, MD)
Xan's Pages: http://members.dca.net/jerelull/X-Main.html
Our BVI FAQs (290+ pics) http://homepage.mac.com/jerelull/BVI/