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24 Jan 2020, 04:28 [ UTC - 5; DST ]





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 Post subject: SOLD: 2001 Piper Meridian
PostPosted: 04 Jul 2019, 17:51 
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Joined: 06/25/08
Posts: 4851
Post Likes: +424
Company: Latitude Aviation
Location: Los Angeles, CA (KTOA)
Aircraft: 2007 Bonanza G36
Latitude Aviation is proud to bring to market N225MA, which is a 2001 Piper Meridian. N225MA is owned by a BeechTalk member and it is based in Portland, OR.

N225MA has 3017 hours on the airframe and engine and 1108 since its last hot section inspection. The propeller was overhauled 104 hours ago.

The owner has had the plane for just under 2 years and in that time has had thorough annual inspections performed by the Meridian experts at Malibu Aerospace and High Performance Aircraft (and their annual back in April included the 7 year structural inspection). In this time the owner has installed a new windshield, 2 ADS-B transponders (one is ADS-B in) as well as a new headliner (completed last week).

The avionics are largely original (Meggitt MAGIC system) but it does have 530W's, 2 ADS-B transponders, Skywatch active traffic, WX 500 Stormscope, RDR 2000 radar, and a FlightStream 210. So while it does not have a full blown Garmin upgrade it does have very functional avionics for a pressurized turbine known-ice equipped aircraft.

The only damage history that we are aware of is a not-in-motion ground incident with a piece of ground equipment which damaged the RH wing in 2009.

Below is a detailed spec sheet as well as Dropbox links to the logbooks and photo gallery. Please email me or call me anytime to discuss this wonderful Piper Meridian!

-Neal

2001 Piper Meridian PA46-500TP
N225MA
Serial # 4697106
Price: $569,000 USD


Contact:
Neal Schwartz
Latitude Aviation LLC
914.625.5776
neal.schwartz@gmail.com

Airframe: 3017 TT
Engine: 3017 SNEW / 1108 SHSI – Pratt & Whitney PT6-42A (Hot Section Inspection by Dallas Airmotive 10/2011)
Propeller: 104 SPOH – Hartzell HC-E4N-3Q (Overhauled by Maxwell Propeller Service 1/2018)

Max Gross Ramp Weight: 4892 pounds
Basic Empty Weight: 3450 pounds
Useful Load: 1442 pounds
Usable Fuel Capacity: 170 gallons
Empty CG: 137.62 inches

General:
• Aircraft located at Aurora State Airport (KUAO) in Portland, OR
• Complete logbooks available for download:
• Excellent maintenance pedigree – Last 2 annual inspections performed by Meridian specialists at High Performance Aircraft and Malibu Aerospace
• Maintenance Status Sheet and SB/SL Compliance List available by email request
• Annual inspection due 4/2020
• IFR certification due 3/2021
• All AD’s in compliance
• Comprehensive photo gallery: https://www.dropbox.com/sh/98mse1tmfjph ... nTGca?dl=0
• Not-in-motion ground damage due to ground equipment hitting outer right wing 9/2009

Avionics:
• Dual Meggitt MAGIC EFIS system
• STEC 550 autopilot with vertical speed, ST 360 altitude pre-select, altitude hold, yaw damper, and electric trim
• Garmin GNS 530W #1 WAAS GPS/Nav/Com
• Garmin GNS 530W #2 WAAS GPS/Nav/Com
• Avidyne 750 FlightMax MFD
• Meggitt Engine Instrument Display System (EIDS)
• BFG Sky 497 Skywatch active traffic system
• Garmin GTX 345 #1 ADS-B In/Out transponder (with ADS traffic and weather)
• Garmin GTX 335 #2 ADS-B Out transponder
• Garmin FlightStream 210 Bluetooth wireless gateway
• Garmin GMA 340 audio panel
• King RDR 2000VP vertical profile radar
• BFG WX 500 Stormscope
• Back-up airspeed indicator, attitude indicator, and altimeter
• Engine condition trend monitoring (ECTM)
• Artex ELT 345 406mhz ELT
• Bose aircraft-powered LEMO headset plugs for all 6 seats
• Ground clearance switch
• FlightCom DVR-300i digital clock, checklist, and recording device

Additional Equipment:
• Factory air conditioning system
• FIKI (known ice) certified (heated propeller, deice boots, heated pilot windshield)
• Rosen sun visors
• LED landing light
• LED recognition/taxi lights
• Co-pilot brakes
• Built-in emergency oxygen system
• Pilot relief tube

Miscellaneous Maintenance:
• Repair LH wingtip due to hangar rash 10/2019
• Completed 7 Year Aircraft Structural Inspection in accordance with Piper Maintenance Manual schedule 4/2019
• Replace fluid carrying engine hoses 4/2019
• Performed and complied with Piper SB 1306 (wing rib modification) 4/2019
• Oxygen bottle hydrostatic test 4/2019
• New Concorde RG-41 main battery 9/2018
• New RH inboard deice boot 5/2018
• New LH inboard deice boot 5/2018
• New heated glass pilot windshield 1/2018
• New co-pilot windshield 1/2018
• New pilot’s side window 1/2018
• Overhaul starter/generator 2/2016
• Hot section inspection by Dallas Airmotive at 1908.9 hours 10/2011
• Repair RH outboard wing due to not-in-motion ground incident with ground equipment 9/2009
• New RH outboard deice boot 9/2009
• Hot section inspection by Dallas Airmotive at 372.9 hours 12/2003

Exterior:
• New paint 3/2004
• Upper Fuselage: Eggshell White
• Lower Fuselage: Burgundy
• Stripes: Phantom Gray, Gold, and Glossy Black

Interior:
• Tan leather interior
• New headliner 6/2019
• Dual storage cabinets
• Executive writing desk/table
• Passenger window shades


Please login or Register for a free account via the link in the red bar above to download files.

_________________
Latitude Aviation
Specializing in sales/acquisitions services for Bonanzas, Barons, and TBM's


Last edited on 15 Jan 2020, 14:39, edited 3 times in total.

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 Post subject: Re: FS: 2001 Piper Meridian
PostPosted: 04 Jul 2019, 17:53 
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Joined: 06/25/08
Posts: 4851
Post Likes: +424
Company: Latitude Aviation
Location: Los Angeles, CA (KTOA)
Aircraft: 2007 Bonanza G36
More pictures.

-Neal


Please login or Register for a free account via the link in the red bar above to download files.

_________________
Latitude Aviation
Specializing in sales/acquisitions services for Bonanzas, Barons, and TBM's


Last edited on 01 Oct 2019, 14:41, edited 1 time in total.

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 Post subject: Re: FS: 2001 Piper Meridian
PostPosted: 04 Jul 2019, 17:55 
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User avatar
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Joined: 06/25/08
Posts: 4851
Post Likes: +424
Company: Latitude Aviation
Location: Los Angeles, CA (KTOA)
Aircraft: 2007 Bonanza G36
More pictures.

-Neal


Please login or Register for a free account via the link in the red bar above to download files.

_________________
Latitude Aviation
Specializing in sales/acquisitions services for Bonanzas, Barons, and TBM's


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 Post subject: Re: FS: 2001 Piper Meridian
PostPosted: 04 Jul 2019, 19:13 
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Joined: 05/10/09
Posts: 2003
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Company: RiskGenius
Location: KC (KLXT)
Aircraft: Baron 58
Ooh! I ended up buying a Baron, but this is exactly the kind of Meridian I'd have been in the market for. Good engine time left, all avionics bases covered and fresh windows to boot.

This should go pretty quick.

_________________
Stop in flyover country and have some BBQ!


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 Post subject: Re: FS: 2001 Piper Meridian
PostPosted: 05 Jul 2019, 09:49 
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Joined: 03/22/14
Posts: 12
Post Likes: +22
Aircraft: BE36/G
Anyone care to comment on the following:
The PT6 had an overtemp event exceeding 1090c by 5 degrees for 3 seconds, but was mitigated with testing and inspections and returned to service. (At about 350 hours)
Long time ago . . Is this a big deal? How common are meridian hot starts?

The owners didn’t opt for the gross weight STC so maybe the mission didn’t call for more load or they didn’t think it was worth the investment. How does the market see this?

This plane doesn’t appear to have the fuel temp sensors so the -34c temp limit would still apply(?). Is this a practical limit an operator would encounter.?

The Meggit/s-tec 55 could be upgraded but what is that cost, 90K?


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 Post subject: Re: FS: 2001 Piper Meridian
PostPosted: 05 Jul 2019, 10:46 
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Joined: 11/08/12
Posts: 11289
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Location: Jackson, MS (KHKS)
Aircraft: 1959 Travel Air
Username Protected wrote:
The PT6 had an overtemp event exceeding 1090c by 5 degrees for 3 seconds, but was mitigated with testing and inspections and returned to service. (At about 350 hours)
Long time ago . . Is this a big deal? How common are meridian hot starts?


If this was at 350TT, then the plane has had a HSI since then. That is zero deal.


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 Post subject: Re: FS: 2001 Piper Meridian
PostPosted: 05 Jul 2019, 12:18 
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Joined: 09/04/10
Posts: 3206
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Aircraft: C525A
Probably the best value in the market for a personal transport turbine if it fits your mission. A buddy of mine has a Malibu and I was telling him that I think the meridian can operate at a similar cost per mile (assuming a person can access cheap jet A). If you operate pt91, you can run this motor beyond TBO and just do the hot-sections. The piston engine in the Malibu probably costs $60/hr to operate (before fuel cost) - I bet running the PT6 beyond TBO could be cheaper.

It’s not often that you can go from piston to turbine and 200kts to 260kts and not dramatically increase cost/nm.

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John Lockhart
Phoenix, AZ


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 Post subject: Re: FS: 2001 Piper Meridian
PostPosted: 05 Jul 2019, 12:43 
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Joined: 08/23/10
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Username Protected wrote:
Probably the best value in the market for a personal transport turbine if it fits your mission.


No probably about it. Without a doubt it's the best value. It has it's limits (range, useful load and Va), but if it fits your mission it's the cheapest ticket into the turbine world. I estimate my DOC (including reserves) to be $150/flight plus $1/nm. A 400nm flight is $550, a 100nm flight is $250.


Last edited on 05 Jul 2019, 13:33, edited 1 time in total.

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 Post subject: Re: FS: 2001 Piper Meridian
PostPosted: 05 Jul 2019, 12:49 
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Joined: 06/25/08
Posts: 4851
Post Likes: +424
Company: Latitude Aviation
Location: Los Angeles, CA (KTOA)
Aircraft: 2007 Bonanza G36
Username Protected wrote:
The Meggit/s-tec 55 could be upgraded but what is that cost, 90K?


Roughly...if not a little bit more. And of course those aircraft with those upgrades are selling for much more. The Meggitt system (and associated STEC autopilot) are functioning flawlessly according to the owner. I bought a similar Meridian for a BeechTalk member about 2 years ago and he had every intention of upgrading the panel and autopilot but he grew to love the current system and hasn't made any upgrades yet.

Hope this helps.

-Neal

_________________
Latitude Aviation
Specializing in sales/acquisitions services for Bonanzas, Barons, and TBM's


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 Post subject: Re: FS: 2001 Piper Meridian
PostPosted: 05 Jul 2019, 18:12 
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Joined: 03/15/16
Posts: 381
Post Likes: +146
Location: Charlotte NC
Aircraft: Piper Mirage
What a plane!!!! Great plane and a great price!


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 Post subject: Re: FS: 2001 Piper Meridian
PostPosted: 06 Jul 2019, 06:03 
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Joined: 01/08/10
Posts: 659
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Location: 45G - Brighton, MI.
Aircraft: V35A
Seems great value! If only my hangar was 10 feet wider ...


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 Post subject: Re: FS: 2001 Piper Meridian
PostPosted: 06 Jul 2019, 16:04 
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Joined: 12/18/13
Posts: 250
Post Likes: +41
Company: Gray
Location: Lexington, KY
Aircraft: C-210N
What is the useful load increase with the STC?

Although it’s acceptable to go past TBO, is there a risk of accessories failing or a history of successfully going past TBO for x hours?

Certainly is compelling.


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 Post subject: Re: FS: 2001 Piper Meridian
PostPosted: 07 Jul 2019, 11:07 
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Joined: 06/25/08
Posts: 4851
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Company: Latitude Aviation
Location: Los Angeles, CA (KTOA)
Aircraft: 2007 Bonanza G36
Username Protected wrote:
Certainly is compelling.


I agree 100%. It is a lot of airplane for late model G36 or late model Baron 58 money.

-Neal

_________________
Latitude Aviation
Specializing in sales/acquisitions services for Bonanzas, Barons, and TBM's


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 Post subject: Re: FS: 2001 Piper Meridian
PostPosted: 08 Aug 2019, 12:36 
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Joined: 06/25/08
Posts: 4851
Post Likes: +424
Company: Latitude Aviation
Location: Los Angeles, CA (KTOA)
Aircraft: 2007 Bonanza G36
Price reduced to $569,000.

-Neal

_________________
Latitude Aviation
Specializing in sales/acquisitions services for Bonanzas, Barons, and TBM's


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 Post subject: Re: FS: 2001 Piper Meridian
PostPosted: 08 Aug 2019, 14:29 
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Joined: 12/19/11
Posts: 2766
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Company: Bottom Line Experts
Location: KTOL - Toledo, OH
Aircraft: 2013 SR22T G5
That's just about as inexpensively as you can get into a Meridian and very tempting. I think I spent too much time looking at other examples because all I can think of is the stuff I'd want to do to it. Paint, interior, boots, G500, autopilot, GTN750, GW increase. As long as the engine continued to hot section well, even after those upgrades, it would still be a good value.

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Don Coburn
Corporate Expense Reduction Specialist
2013 SR22T G5


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