Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 06-08-2011, 07:03   #1
Registered User

Join Date: Dec 2010
Location: Kemah, TX
Boat: Moody 42
Posts: 235
Morgan Out Island 41

Here's the deal. I may be able to purchase a 1980 Morgan Out Island that is a project boat. Solid Hull and deck and it floats with an engine that starts. Other than that it needs everything. New thru hulls, bottom job, air conditioners, new wiring, canvas, sails, floors are shot as is the carpet. I am looking for a boat to eventually live aboard and my friends (sailors) all say buy it as the price is around 15K and I estimate 30K to do everything right including a repower and awl grip. Need some opinions.
__________________

__________________
Sailorman375 is offline   Reply With Quote
Old 06-08-2011, 07:33   #2
Registered User

Join Date: Feb 2011
Posts: 586
Images: 3
Re: Morgan Out Island 41

To give you an idea about what may be involved, in renovating my old Alberg, the major expenses were/are:
Re-core of 80% of deck areas
Replacing rotten bulkhead
New rigging wire including all new chainplates, mast top, bow plate.
Replaced/upgraded main wiring and batteries.
New elec. pumps/switches, 2 manual pumps.
Re glassed water tank inside.
Replace old fresh water piping
Replacing glazing
Norvane windvane
New SSB/Pactor system, VHF, GPS, Computers, Nav software, Elect. charts and Radar
Many guides and Paper Charts
Just getting started....

Sounds like your project is similar. 30k may be doable if you do the work yourself but would be quickly used up on just a few items on this list if you hire people to do the work. Best of luck.
__________________

__________________
smurphny is offline   Reply With Quote
Old 06-08-2011, 07:35   #3
Registered User
 
Celestialsailor's Avatar

Join Date: Nov 2006
Location: In Mexico, working on the boat
Boat: Hallberg Rassy 35. and 14ft.Whitehall pulling skiff.
Posts: 8,013
Images: 5
Re: Morgan Out Island 41

If you have never done this sort of thing before, I might pass. Your friends are not the ones re-fitting it...you are. The quality of the morgans are ok but not the best sailing vessel. You would be further ahead saving $45K and buying something turn key. Trust me...you have lots to do on a turn key boat. If you still want to resurrect a boat, try building a dinghy from scratch and see how long that takes you, then take another look at the $15K gem.
__________________
"Life is not a journey to the grave with the intention of arriving safely in a pretty and well-preserved body, but rather to skid in broadside, thoroughly used up, totally worn out, and loudly proclaiming: Wow - what a ride!"

http://wwwjolielle.blogspot.com/
Celestialsailor is offline   Reply With Quote
Old 06-08-2011, 07:54   #4
Senior Cruiser
 
skipmac's Avatar

Cruisers Forum Supporter

Join Date: Oct 2007
Location: 29 49.16 N 82 25.82 W
Boat: Pearson 422
Posts: 12,381
Re: Morgan Out Island 41

A few questions, comments and ideas.

Q1. The floors are shot? Meaning a. cosmetically the cabin sole looks bad or b. the underlying structure that holds it up is shot? Big difference in cost and time/labor between the two.

Q2. Repower? With or w/o trannie?

Q3. Rig? Sloop or ketch?

Q4. Will you work on the boat full time or weekends?

Q5. Do you have a cheap place to keep it? How far do you have to drive to get to the boat?

Q6. Bottom job? a. Sand and paint or b. peel and seal?

Comments.

Agree with SMurphy. You might be able to do it for $30K but depending on the answers to the above questions you could go way over. Also depends on your ability to do all the work, access to the tools, etc.

Time. Figure at least a year if you work full time, full speed ahead. More likely 2-4 years, especially if you're doing it while holding down a "real" job. Then depending on where you do it and monthly yard charges it will add at $3,000-$5,000 a year in storage costs.

Based on my ongoing rebuild of a 42' and assuming sloop rig here's some round numbers. Assuming you do all the work yourself.

New standing rigging $3,000
New sails, main and two jibs $8-12,000
New engine and trannie $8-$12,000
Running rigging $500
Thru hulls and seacocks $1-$2,000
pumps (bilge, water, sump, washdown) $500
Bottom job a. $500 b. $6000
year yard storage $3000

This pretty much eats up the $30K budget. Not saying you couldn't do it cheaper but I've been shopping my costs pretty carefully but also not cheaping out on essentials.
__________________
The water is always bluer on the other side of the ocean.
skipmac is offline   Reply With Quote
Old 06-08-2011, 08:49   #5
Registered User
 
Aussie_Sequoia's Avatar

Join Date: Apr 2011
Location: New South Wales, Australia
Boat: Prout Event 34
Posts: 250
Send a message via Skype™ to Aussie_Sequoia
Re: Morgan Out Island 41

The 41s were not known for sailing to windward very well at all. Their younger smaller cousin the 36 was supposedly better designed for this. I'm sure OI 41 owners will come to their defense (and will have a better background to comment as I have never owned one) but I have read this statement in more than one cruising book from that era.

I was looking at them too until that kept coming up - so by all means... if someone thinks this is false I'd love to hear it and why
__________________
Aussie_Sequoia is offline   Reply With Quote
Old 06-08-2011, 08:58   #6
Senior Cruiser
 
skipmac's Avatar

Cruisers Forum Supporter

Join Date: Oct 2007
Location: 29 49.16 N 82 25.82 W
Boat: Pearson 422
Posts: 12,381
Re: Morgan Out Island 41

Quote:
Originally Posted by Aussie_Sequoia View Post
The 41s were not known for sailing to windward very well at all. Their younger smaller cousin the 36 was supposedly better designed for this. I'm sure OI 41 owners will come to their defense (and will have a better background to comment as I have never owned one) but I have read this statement in more than one cruising book from that era.

I was looking at them too until that kept coming up - so by all means... if someone thinks this is false I'd love to hear it and why
Spent 2 years cruising the Caribbean on an OI 36 and I can assure you that they don't sail to windward. Long time ago but I seem to recall that the course made good to windward after adding the leeway, gave a tacking angle of 100-110 degrees. The OI 41 does similar.

On the other hand, off the wind they do quite well and for the Bahamas they are hard to beat. OI 36 draft was about 3'2". I could go places others had to take a dinghy. Also, I have never seen another 36' boat that had nearly the room of the Morgan. May be out there but I've not been on one.
__________________
The water is always bluer on the other side of the ocean.
skipmac is offline   Reply With Quote
Old 06-08-2011, 20:09   #7
Moderator
 
Boracay's Avatar

Cruisers Forum Supporter

Join Date: Feb 2004
Location: Pelican Bay, Great Sandy National Park
Boat: Steel Roberts Offshore 44
Posts: 5,175
Images: 18
How's your backyard, neighbours?

If you feel like spending the next 5 years or more and have a good backyard, an understanding council and friendly neighbours then this could be a nice project.

If you've five years to wait until your kids fly the coup or your wife finishes work then this could be fine.

But if you want a boat in the foreseeable future then it might be a good idea to pass on this one, save a few more boat bucks and buy something turnkey as Celestialsailor has suggested.

You still might need to put in a couple of years to get it spiffy but it'd be happy work.

This one has been sold. If you called the broker he might be happy to talk about it.

Ask your friends if they'd like to go sailing now or in five years time.
__________________
Rust never sleeps
Boracay Blog.
Boracay is offline   Reply With Quote
Old 07-08-2011, 11:55   #8
Registered User

Join Date: Dec 2010
Location: Kemah, TX
Boat: Moody 42
Posts: 235
Quote:
Originally Posted by skipmac
A few questions, comments and ideas.

Q1. The floors are shot? Meaning a. cosmetically the cabin sole looks bad or b. the underlying structure that holds it up is shot? Big difference in cost and time/labor between the two.

Q2. Repower? With or w/o trannie?

Q3. Rig? Sloop or ketch?

Q4. Will you work on the boat full time or weekends?

Q5. Do you have a cheap place to keep it? How far do you have to drive to get to the boat?

Q6. Bottom job? a. Sand and paint or b. peel and seal?

Comments.

Agree with SMurphy. You might be able to do it for $30K but depending on the answers to the above questions you could go way over. Also depends on your ability to do all the work, access to the tools, etc.

Time. Figure at least a year if you work full time, full speed ahead. More likely 2-4 years, especially if you're doing it while holding down a "real" job. Then depending on where you do it and monthly yard charges it will add at $3,000-$5,000 a year in storage costs.

Based on my ongoing rebuild of a 42' and assuming sloop rig here's some round numbers. Assuming you do all the work yourself.

New standing rigging $3,000
New sails, main and two jibs $8-12,000
New engine and trannie $8-$12,000
Running rigging $500
Thru hulls and seacocks $1-$2,000
pumps (bilge, water, sump, washdown) $500
Bottom job a. $500 b. $6000
year yard storage $3000

This pretty much eats up the $30K budget. Not saying you couldn't do it cheaper but I've been shopping my costs pretty carefully but also not cheaping out on essentials.
1 floors are cosmetic only
Sloop rig
Mechanic say a top end rebuild will do but it runs fine now and has a new heat exchanger
I was going to gave it hauled and get the bottom job done and replace all the thru hulls and valves and can get that done for $2500
Then into my slip and start the interior mostly cosmetics
Install new Air conditioner then move on board and work on her 20 -30 hours a week
Sail are serviceable, hull and deck are sound. Most if not all the ports need replacing and I was going to tackle those two at a time while working on heads tanks etc.

It just seems for what these go for in better(but far from perfect) condition that I've got room to fix it up nice. Goal is to have a live aboard and day sail mostly with perhaps one trip down to the Bahamas.
__________________
Sailorman375 is offline   Reply With Quote
Old 07-08-2011, 12:03   #9
Senior Cruiser
 
Vasco's Avatar

Cruisers Forum Supporter

Join Date: Apr 2004
Location: Toronto
Boat: CS36Merlin, "La Belle Aurore" Ben393 "Breathless"
Posts: 7,138
Re: Morgan Out Island 41

Quote:
Originally Posted by Sailorman375 View Post
I was going to gave it hauled and get the bottom job done and replace all the thru hulls and valves and can get that done for $2500
What is a "bottom job" ? Paint? Peel? $2500 sounds cheap for a "bottom job" including thru hulls and seacocks.
__________________
Rick I
Toronto in summer, Bahamas in winter.
http://groups.yahoo.com/group/beneteau393/
Vasco is offline   Reply With Quote
Old 07-08-2011, 12:08   #10
Senior Cruiser
 
Cheechako's Avatar

Cruisers Forum Supporter

Join Date: Aug 2006
Location: Skagit City, WA
Posts: 19,363
Re: Morgan Out Island 41

One of the posters on this forum has a Seidelman 37 with brand new engine for sale for $31k. it has lots of other goodies also. You could go sailing NOW. And although I think sailing performance is over emphasized often... it will sail better...Just sayin....
__________________
"I spent most of my money on Booze, Broads and Boats. The rest I wasted" - Elmore Leonard











Cheechako is online now   Reply With Quote
Old 07-08-2011, 12:09   #11
Senior Cruiser
 
Cheechako's Avatar

Cruisers Forum Supporter

Join Date: Aug 2006
Location: Skagit City, WA
Posts: 19,363
Re: Morgan Out Island 41

Quote:
Originally Posted by Vasco View Post
What is a "bottom job" ? Paint? Peel? $2500 sounds cheap for a "bottom job" including thru hulls and seacocks.
sounds like a 8-10k bottom job to me....
__________________
"I spent most of my money on Booze, Broads and Boats. The rest I wasted" - Elmore Leonard











Cheechako is online now   Reply With Quote
Old 07-08-2011, 12:31   #12
Senior Cruiser
 
skipmac's Avatar

Cruisers Forum Supporter

Join Date: Oct 2007
Location: 29 49.16 N 82 25.82 W
Boat: Pearson 422
Posts: 12,381
Re: Morgan Out Island 41

Quote:
Originally Posted by Cheechako View Post
sounds like a 8-10k bottom job to me....
If bottom job is sand and paint, no blisters, no peel, etc then $2500 might work. If peel and barrier coat then certainly 8-10 K with thru hulls.
__________________
The water is always bluer on the other side of the ocean.
skipmac is offline   Reply With Quote
Old 07-08-2011, 13:21   #13
Registered User
 
Snore's Avatar

Join Date: Jan 2011
Location: www.USCGMaster.com
Boat: Tartan 33
Posts: 1,881
Quote:
Originally Posted by skipmac

If bottom job is sand and paint, no blisters, no peel, etc then $2500 might work. If peel and barrier coat then certainly 8-10 K with thru hulls.
I would be curious to hear the final price. My research is that in S Florida for a 37 footer, I got planning quotes from real people of $2-3BB for new standing rigging and $4BB for a haul, soda blast, barrier, bottom pain and splash. Granted these were not quotes on a real job, but conversations with vendors, "to get a high estimate of cost." The prices do not include new through hulls.

I find it hard to believe that someone would misrepresent their price by 100%.
__________________
"Whenever...it requires a strong moral principle to prevent me from deliberately stepping into the street, and methodically knocking people's hats off- then, I account it high time to get to sea..." Ismael ---- NEW website! www.USCGMaster.com
Snore is offline   Reply With Quote
Old 07-08-2011, 13:31   #14
Registered User
 
Celestialsailor's Avatar

Join Date: Nov 2006
Location: In Mexico, working on the boat
Boat: Hallberg Rassy 35. and 14ft.Whitehall pulling skiff.
Posts: 8,013
Images: 5
Re: Morgan Out Island 41

If its a DIY yard, you could get by on $2500 or less. Don't be so quick to replace all the thru-hulls. Check them first. By all means replace funky gate valves.
__________________
"Life is not a journey to the grave with the intention of arriving safely in a pretty and well-preserved body, but rather to skid in broadside, thoroughly used up, totally worn out, and loudly proclaiming: Wow - what a ride!"

http://wwwjolielle.blogspot.com/
Celestialsailor is offline   Reply With Quote
Old 07-08-2011, 14:08   #15
Registered User

Join Date: Dec 2010
Location: Kemah, TX
Boat: Moody 42
Posts: 235
Bottom job here run 42 per foot and includes haul out power wash sand two coats of paint and splash. Labor in the yards is 50 per hour
__________________

__________________
Sailorman375 is offline   Reply With Quote
Reply

Tags
morgan, morgan out island

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Morgan 462 tallboy Monohull Sailboats 21 20-01-2014 06:19
Morgan Sailboats niel12 Monohull Sailboats 24 25-11-2011 06:56
Original 1671 Captain Morgan Rum category4jay Off Topic Forum 1 05-08-2011 21:29
Want To Buy: 15' Boom for Morgan 382 divingsquirrel Classifieds Archive 1 18-07-2011 14:01
Port Brand / Size Morgan O/I 41 Sailorman375 Monohull Sailboats 1 06-07-2011 17:09



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 11:20.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.