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Toll-free: 877-382-9632
Tel: (401) 848-5500

Northrop and Johnson, Inc.

5 Marina Plaza
Newport, RI 02840
United States

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Hinckley , Newport, RI

US$ 1,250,000

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Interested in this boat? Toll-free: 877-382-9632
Tel: (401) 848-5500
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  • Description
  • View Full Specifications
 
Year:
1993
Length:
76'
Engine/Fuel Type:
Single
Located In:
Newport, RI
Hull Material:
Composite
YW#:
1439-2682270
Current Price:
US$ 1,250,000 


 

RARE FRACTIONAL OWNERSHIP PPORTUNITY! 

Freesia Yachts, LLC

 

S/Y Freesia is a 76 foot classic cutter rigged sloop, the largest yacht custom built by The Hinckley Company and designed by Ocke Mannerfelt. Her carbon furling mast and hydraulic winches give her true single handed capacity underway. She has been maintained full time by a professional crew and she has been refitted and kept current since her construction in 1994. Her features include classic Honduran mahogany interior with a spacious salon and pilothouse with dining table, headway throughout of approximately 6'8", master cabin with large double V-berth, writing desk and en-suite separate shower compartment, main twin bedded guest cabin with en-suite facilities and third guest cabin with bunk beds for a total of 6 persons.

 

 Under Freesia Yacht, LLC's fractional ownership program, this classic Hinckley 76' yacht is being established with the primary mission for Members to charter at a Preferred Rate. The program allows Members to personally sail the vessel with the help of a professional Captain as a gentleman's cruising yacht. Members who wouldn't necessarily have the time to devote to owning such a classic vessel can now enjoy this yacht and be part of its preservation. The program helps Members trim down the costs of maintenance and operations. The legal entity will be a limited liability corporation to afford Members depreciation and the possibility of capital appreciation. The offering is for twelve $100,000 units each buying a 7.69% interest. In addition, each Member is required to purchase eight days per year at the Preferred Rate. The Preferred Rate is approximately one-half the market charter rate and is presently estimated at $2,000 per day. Members can also purchase additional days at the Preferred Rate. Required days will take preference over non-required days. Members intending to use the vessel in both winter and summer seasons are encouraged to purchase two units. Reservations will be on a first come first served basis. Members will be responsible for their fuel, dockage, provisioning and crew tip charges. The yacht may be offered for charter to non-members for the New York Yacht Club Cruise Week, St. Bart's Bucket Week and Antigua's Classic Yacht Race Week. The yacht will be located in Newport, RI summers for cruising in New England waters and St. Maarten winters for cruising in Caribbean waters. Freesia Yachts plans to operate like a private club.

   Please call BARRY HINCKLEY OR BRUCE LEFFERS for complete details on this offering!





For complete details on this rare opportunity please contact BARRY HINCKLEY at 617-285-5638 or Bruce Leffers at 954-790-0503  To receive more information by email: CLICK HERE 

For over 50 years Northrop and Johnson has provided our clients with timely, accurate information to help them acquire the right yacht. This service requires professional, experienced brokers and cannot be solely derived from the Internet. To view other Northrop and Johnson listings, please visit our website. CLICK HERE



Please contact Barry Hinckley at (401) 848-5500

Interested in this boat? Toll-free: 877-382-9632
Tel: (401) 848-5500

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