Yeah, it's a good deal alright. It was listed at US$26,500 on yachtworld.com, so presumably the vendor is taking a US$12K hit on that.
My guess is he's a bit desperate, so would probably take a bigger hit if someone rocked up and offered him cash on the spot.
It's still a project
Neeeds LOTS of TLC. But nothing serious that would be tricky for a competant DIY-er, except perhaps the cracked mast
base, which might require some ingenuity to pull the stick where it is in order to replace it.
But 3 x hulls x 43-ft is a lotta paintin' and scrapin' and sandin'.....
Migh be worth doing enough to get it sailing and take it south to a cheaper labor market to get the boring stuff done. Maybe just do the antifoul and get the motor
running. If the rig's OK, you could probably just go.
If the rig needs doing (and one chainplate certainly needs inspection/removal) then do that as well. Not worth compromising that stuff.