Gulf Coast USA|
|Reference:||SuperYacht Facility Repair New Construction|
Facility is USA, Gulf Coast.
Check our other listings for the two Trinity Yachts to be completed, we can in addition to the two yachts offer the Name at additional cost.
EFFECTIVE DATES OF THE VALUE ESTIMATES: March 18, 2014
FINAL MARKET VALUE ESTIMATE:
Building Improvements $47,900,000
Site Improvements $12,400,000
Land Value $9,000,000
Total Market Value of the Real Estate $69,300,000
Fixed Equipment $2,200,000
Moveable Equipment $24,500,000
Total Market Value of the Shipyard Real Estate & Equipment $96,000,000
Facility is completely equipped to handle construction patrol boats, commercial supply vessels, barges and Large Yachts
Total operating area of 60 acres on Bayou Bernard with controlling depth of 12 ft maintained by the U.S. Army Corp
Multiple production and outfitting buildings with over 700,000 sq. ft. of undercover manufacturing space
Large construction bay with 90ft. tall and 705 ft. long and suitable to build multiple 302 ft. vessels simultaneously undercover
In 2008, Company installed 4,570 LT Synchrolift launching system, the largest in the United States.
Other equipment including:
20 track mounted overhead cranes
Fully Automated Panel line
Plasma and Water Jet cutters
500 ton Travelift and 2 covered slipways
40ft. Press brake and Shear
The yard has the following limitations:
Minimum bridge width of 132ft. ( I-110 and train bridge ),
Water Depth of 12 ft.
Air draft restriction of 95ft.
Power lines at 80ft. and 97ft. that will have to be de-powered and raised.
The subject property consists of a 59.24 acre site located on the north side of the Bernard Bayou Industrial Seaway. Of the total area, approximately 3.5 acres lie within the seaway and 0.46 acres are contained in an environmentally contaminated area which may not be disturbed.
It is located adjacent to the northeast corner of the main building. Although the area within the waterway may be useable, the environmentally impaired site area is excluded. Also, an irregular parcel of land, (part of parcel 6A2) just west and south of the subject site, containing 13.762 acres was leased from a related entity, Maritime Development.
This site provides additional frontage along Bernard Bayou of 1,022.77’ and provides additional yard and work areas; however, since it is a leased site, it is not included in the overall valuation.
Therefore, the usable site area and that is valued herein is concluded to be 58.8 acres.
The subject property is improved with multiple metal buildings containing a combined gross building area of 460,814 square feet, of which approximately ±41,000 square feet is office space.
The buildings range in age from ±7 years to ±27 years old and are in average to good condition.
They are all of good quality construction.
The property is zoned I-2, Heavy Industrial.
|Vessel condition:||Working Facility|
|Vessel type:||Commercial Vessel/Super Yacht YARD|
Specifications are provided for general information only. We cannot guarantee the correctness of given information or be liable for any inaccuracy or warrant the condition of yachts. All dimensions, capacities, speeds etc. are approximate. All information given is subject to fair, wear and tear. We therefore recommend clients to have yachts, specifications and information thoroughly checked and surveyed for accuracy by an independent qualified marine surveyor and purchase only subject to satisfied survey and sea trial. Yachts are offered subject to still being for sale. Unless seller and purchaser have agreed this specification and information in signing in contract, we reserve the right to change specification, price etc. without prior notice. We are not responsible for the outcome of our publications and activities as result thereof.
Note: Indicated location is approximate general area only.