By PMY Broker Insight | February 18th, 2014
We spoke to three brokers who each had a Hatteras 40 Double Cabin for sale on BoatQuest.com. See what each had to say about this roomy, versatile cruiser.
Randy Walterhoefer, Curtis Stokes and Associates; www.curtisstokes.net
“The Hatteras 40 Double Cabin was pretty much one of the last of the small Hatteras motoryachts. What is really interesting about a 40 Hatteras Double Cabin is that they were like all Hatteras boats painted with Imron, so they aged pretty well and don’t have faded gelcoat, like a typical 1987 boat would show. You have nice Imron paint that can easily be polished back. Typically you can find one of these boats in pretty good shape. Endurance is the one that I have listed, it’s a 1987, and it has 1,582 hours and it’s never, ever, ever been in salt water. And it’s never been kept in an open slip, it’s always been in a boathouse. Started life in Michigan and now she’s in Tennessee. So she is a very special example of a Hatteras 40 Double Cabin. Most of these boats have the covered aft deck. This boat has the open sun deck. If you’re interested in doing the Great Loop, it doesn’t matter if you buy a boat in Tennessee, because you can start your loop from there. A Hatteras 40 Double Cabin had a vertical clearance of 15 feet 9 inches, which makes her a perfect candidate to do the great loop because you have to get under a fixed bridge up in Chicago. Her 4-foot 9-inch draft makes her a perfect family cruiser for the inland waters of the U.S. and the Intracoastal. You mix this with the really good pedigree of a Hatteras and I think you’re getting a really nice bang for the buck.”
Hank Sibley, Bluewater Yacht Sales; www.bluewateryachtsales.com
“Absolutely one of the big things about the Hatteras 40 double cabin: You get the nice, queen-size bed in the aft stateroom with cabinetry on both sides for plenty of stowage for clothing and what have you. Forwared you have a vee-berth that gives you plenty of room and you usually find in the saloon a sofa which would be a pull-out bed, so you get plenty of accommodations still on a 40-foot boat. It’s very easy to maneuver for its size. I think what we’re seeing in the market now, versus a year and even two years ago, good boats from say 2000 and later are getting harder and harder to find for the same price range that you can get into something like this Hatteras for. For its age, this is a great buy. It’s a great boat to have, a motoryacht with very modern features compared to what you see now. Hatteras took a step where they paint their hulls and they’re as built out as any molded boat. They had a tendency back then and today to overbuild and give you a nice finished product. Look at the exterior of this boat at its age, and it shines as well as a boat in the 2006 vintage, which is hard to find. That shows you the quality.”
Hank’s Hatteras 40 Double Cabin Listing ” Miss Wanda”
Joe Laundrie, Denison Yacht Sales; www.denisonyachtsales.com
“Everyone that calls, and I mean everyone, knows the Hatteras brand. And if it’s a woman or if it’s a man, they say, ‘I’m a Hatteras guy.’ Or ‘I’m into the Hatteras brand.’ And ‘I’ve shopped around, I’ve looked around.’ The beam on this, being 13-foot plus, for only a 40-foot boat that’s a lot of volume inside, and everyone really does seem to know about the Hatteras brand, and even though the boat’s a 1988, they’re still well educated on Hatteras. I’ve been getting calls from everyone up and down the east coast who’s looking for an actual liveaboard, so now these double cabins are kind of desired for people who are trying to get off of the land and to sell their homes and move into a boat that they’d be able to take around rather than just having a house and a condo somewhere else. The buyers are a little bit younger, and they’re looking for something to live aboard, and typically I find that it’s couples trying to live aboard these boats without any children, but they just like the mobility factor, where they’re able to continue to have a place to stay but at the same time they could take the lines off and then, for an extended period of time go travel the coast.”
What’s the Brokerage Market for the Hatteras 40 Double Cabin?.