1981 M20J Restored by Daytona Aircraft Services **SOLD**

[jclemens]

1981 Mooney M20J
N119MB
Serial # 24-1135
Price: $105,000 USD 

Contact:
Jake Clemens
Daytona Aircraft Services
386-255-2049
jclemens@daytonaaircraft.com

Airframe: 3960.6 SNEW
Engine: 1651.6 SFRM – Lycoming IO-360-A3B6D (Factory Remanufactured 3/94)

Propeller: 188.8 SPOH – McCauley B2A34C214A (IRAN’ed 08/2017)
 

General:
• Annual inspection due 8/2018
• ELT battery due 4/2019
• All AD’s in compliance
• August 2017 annual inspection compressions 78/74/77/74

• photo gallery: https://www.dropbox.com/sh/4bhq16fe6u4ug5q/AABoXFu-v3ovUDiReGwUaQ1Ua?dl=0

Avionics:
• Garmin GNS 530W GPS/Nav/Comm (WAAS)
• King KX 170B Nav/Com
• Century 21 autopilot with S-tec PSS
• Garmin GTX 345 transponder (ADS-B in/out w/bluetooth)
• Garmin GMA 347 audio panel
• JPI EDM 830 engine monitor
• WX-10 Stormscope

Additional Equipment:
• All new LED lighting

Recent Maintenance:
•Aircraft restoration completed by Daytona Aircraft Services on 8/08/2017, Logbook entries and work scope here: https://www.dropbox.com/sh/an5yadvl0334zs3/AAAnMVhoab4EGx7IUZHjsr9Sa?dl=0

Exterior:
• NEW - Painted by East Coast Aircraft 06/2017
• Matterhorn White with Phantom Grey Metallic, Titanium Metallic, and Seminole Red Metallic

Interior:
• New – by East Coast Aircraft 06/2017
• Columbia Glacier Ultra Leather headliner, Mammut Quartz and Pewter Leather side panels, New Skandia DAX 47 foam and Mammut Quartz and Pewter Leather seats.

Edited February 26, 2018 by jclemens
More Photos

[LANCECASPER]

Looks great! Good price for a sorted-out, ADS-B in/out, LED all around,  new interior, new paint, modern panel J model!

I doubt that any of us without Jake's connections and resources could take an average J on the market and do all of this for close to that price. Things add up very fast trying to bring an older airplane up to these standards

[Roger O]

Real beauty!  Wish I could afford it...

[jclemens]

How can you afford not to buy it?    Someone take this off my hands before I have to list it for real and I'll throw in next years annual at my facility, parts and labor.

[mike_elliott]

Speaking of Annuals, Jake is donating an annual inspection to the Mooney Summit V's silent auction! Thanks Jake, Daytona Aircraft!

 

[flyboy0681]

Looks great inside and out and under the hood, but the panel needs another $30k. Minimum.

[jclemens]

I'll gladly pour another 30k in to it for you if you would like. Asking price would be 160k

[gsxrpilot]

I don't want a J, but I'd love to bring my 252 over to you and see what happens after a few months in your shop 

[flyboy0681]

9 minutes ago, jclemens said:

I'll gladly pour another 30k in to it for you if you would like. Asking price would be 160k

My point was that while it looks beautiful and would be the pride of the ramp, the engine is high-time and the panel is very tired looking. To boot, it sports an old KX170 and doesn't even have an HSI. The long and short of it is that the buyer will be looking only at cosmetics. Sorry, wasn't meant as an insult.

 

 

 

 

[Hector]

She's a beauty but two kids in college make it impossible


Sent from my iPad using Tapatalk

[Bryan]

Throw an Aspen in there or a pair of G5's to replace the KX170. If I didn't just get my K (231) I'd be interested.

[jclemens]

9 hours ago, Bryan said:

Throw an Aspen in there or a pair of G5's to replace the KX170. If I didn't just get my K (231) I'd be interested.

I am not a huge fan of the Aspen anymore.  It's a great unit, but for the money a pair of G5's is a lot better option I think.  This aircraft has a Century attitude based autopilot, the G5 attitude indicator will not drive it.  The G5 HSI would be a great fit for this, as soon as Garmin starts shipping the new GAD29B.  Without it the autopilot would not be compatible with the HSI.   If the plane isn't sold by the time that happens, I will probably pull it off the market and install a G5 HSI.

[jclemens]

16 hours ago, gsxrpilot said:

I don't want a J, but I'd love to bring my 252 over to you and see what happens after a few months in your shop 

Come on over, we can make whatever you desire happen to your 252. 

[flyboy0681]

10 hours ago, Hector said:

She's a beauty but two kids in college make it impossible


Sent from my iPad using Tapatalk

I feel your pain.. to the tune of $50k a year.

[kevinw]

What a great looking plane. Regarding the avionics, where does one stop? My $.02 is go with the Aspen and EA100. Remove the strikefinder and relocate the AI there. I would also add autotrim to the S-Tec 60 PSS. I have the same AP setup with the autotrim and to me it's a must. Replace the second nav/com with a 430W or just a KX155 and I think the panel would be ready to go. If the new owner wanted to take it a step further, he could add a backup AI and remove the vacuum system increasing safety and useful load. The problem is doing it now will increase the sale price and you would be gambling on what the future owner will want.

[steingar]

What a gorgeous aircraft.  I hope the OP recovers his investment with sufficient alacrity to restore more deserving Mooneys.

[jclemens]

I'll be happy if I only lose 10K

[fantom]

17 hours ago, flyboy0681 said:

My point was that while it looks beautiful and would be the pride of the ramp, the engine is high-time and the panel is very tired looking. To boot, it sports an old KX170 and doesn't even have an HSI. The long and short of it is that the buyer will be looking only at cosmetics. Sorry, wasn't meant as an insult.

 

 

 

 

You don't have to be sorry, Flyboy. You're correct!

The panel needs serious $$$ work, no mention of a tank reseal, and the engine too close to TBO. Very nice looking exterior and interior work Jake, but IMHO, your asking price is unrealistic. You must realize that shop improvements on a 37 year old plane don't yield a dollar for dollar return, especially when you include your shop labor rates.

Good luck selling it.

 

[ArtVandelay]

1 hour ago, kevinw said:

What a great looking plane. Regarding the avionics, where does one stop? My $.02 is go with the Aspen and EA100. Remove the strikefinder and relocate the AI there. I would also add autotrim to the S-Tec 60 PSS. I have the same AP setup with the autotrim and to me it's a must. Replace the second nav/com with a 430W or just a KX155 and I think the panel would be ready to go. If the new owner wanted to take it a step further, he could add a backup AI and remove the vacuum system increasing safety and useful load. The problem is doing it now will increase the sale price and you would be gambling on what the future owner will want.

Why not just move the playback switch instead of moving the Strikefinder?

Agree on the replacing of the #2 nav/com, that looks out of place.

And since its somebody's else money, I'd leather wrap the yokes to go with the new interior.

[ArtVandelay]

5 minutes ago, fantom said:

The panel needs serious $$$ work, no mention of a tank reseal,

 

Maybe it never needed to be resealed?

[jclemens]

You guys are a tough crowd.  I simply priced the aircraft at what Vref says it's worth, since that is what everyone uses to value an aircraft.  I like spending other peoples money as much as the next guy, but you have to draw a line somewhere.

N119MB_Vref.pdf

[gsxrpilot]

I'm usually pretty hard on asking prices, but I think this one is correct. Every airplane purchase has to have some risk priced into the deal. We try to mitigate that risk by having a pre-buy done, and that adds to the cost. In this case, I believe as much of that risk as absolutely possible has been removed. The plane has been though effectively a "pre-buy" lasting many months at a very reputable Mooney shop. Buying this plane off the street from an unknown seller would knock at least 10AMU off the value. 

There's certainly room for improvement on this plane, but I believe its priced fair.

[kmyfm20s]

1 hour ago, gsxrpilot said:

I'm usually pretty hard on asking prices, but I think this one is correct. Every airplane purchase has to have some risk priced into the deal. We try to mitigate that risk by having a pre-buy done, and that adds to the cost. In this case, I believe as much of that risk as absolutely possible has been removed. The plane has been though effectively a "pre-buy" lasting many months at a very reputable Mooney shop. Buying this plane off the street from an unknown seller would knock at least 10AMU off the value. 

There's certainly room for improvement on this plane, but I believe its priced fair.

I agree, especially with what JC says below. Sounds about as risk free as any airplane purchase out there. 

On 8/8/2017 at 11:49 AM, jclemens said:

How can you afford not to buy it?    Someone take this off my hands before I have to list it for real and I'll throw in next years annual at my facility, parts and labor.

 

[jetdriven]

120k is pretty much the the absolute ceiling for an M20J. . N33yz had all this plus triple aspens, Stec 30 autopilot plus fresh factory engine. This would need both to be comparable, and. That's another 70 grand. . It was about the same price as this plane. 140-160k is A36 money.  It's a different category. 

[flyboy0681]

4 minutes ago, jetdriven said:

120k is pretty much the the absolute ceiling for an M20J. . N33yz had all this plus triple aspens, Stec 30 autopilot plus fresh factory engine. This would need both to be comparable, and. That's another 70 grand. . It was about the same price as this plane. 140-160k is A36 money.  It's a different category. 

I remember 33YZ, phenomenal panel and new interior by Aero Comfort if I recall.