The former USCG Cutter Morris WSC-147 was built in 1927 and decommissioned in 1970. The 125-Foot Alert Class Cutter has been operated by the Sea Scouts and based in West Sacramento, California. It was the last of the Active Class cutters to be decommissioned. Craigslist ad:

1927 125' Coast Guard Cutter Morris
Asking $90,000 obo--an amazing vessel for this price!
Major overhaul ($2 million approx.) completed in 2010
Cummins KTAs, Northern Lights gensets, ARPA radars, bow thruster
All wiring and piping replaced
Hull plating, railings, tanks and decks replaced as needed
Operational but due for a haul-out and one prop repair
Anchored near Rio Vista, recently cruised but surplus to our needs.
Suitable as an ocean cruising vessel or live-aboard
State of California registration, current insurance

SPECIFICATIONS

Beam, 23.5 ft
Max Draft, 9.5 ft
Fuel Tank, 1 x 10700|gallon
Fresh Water, 1 x 1680|gallon
Holding, 1 x 620|gallon
Double Berths, 1
Cabins, 5
Heads, 3
Engines (2), Cummins with 900 hours each

An earlier listing by Kunsler Yachts: 

Morris had a major overhaul that took place in Northern California between 2000 and 2010, $2,000,000 was spent on the project. The old owner overhauled the ship to be an ocean going vessel, not just a bay boat. There is no paper trail of receipts from the overhaul, and the boat yard that worked on Morris is no longer in operation. 

Note from the original owner: "Fresh out of the ship yard, with a clean bottom, no ballast (her after draft was 7' 3"), she made 14.3 knots. The ballast does slow the girl down a bit, and there was not a lot of fuel aboard when I got the 14.3 knots, so that is not a realistic estimate. As to what it will do, if you wanted to have a clean bottom, and put the pedal to the metal, she will do 12.5+ fully ballasted. Regarding cruising speed, I would normally cruise her at 10 knots. As I recall, she used 22 gallons per hour at 10 knots, including her generators running." 

The plate thickness of the steel on the garboard strakes and the wind-water line is 7/16 inch thick. The rest of the hull, and the main deck is 3/8 inch thick. In 2000 the hull was brought up to "as new" condition by Fulton Shipyard, and 800 sq. ft. of plating was replaced, the hull was also sandblasted and painted at this time. 

Morris 4

Quoth Wikipedia:

The Active Class Cutters were designed for trailing the "mother ships" along the outer line of patrol during Prohibition. They were constructed at a cost of $63,173 each. They gained a reputation for durability that was only enhanced by their re-engining in the late 1930s; their original 6-cylinder diesels were replaced by significantly more powerful 8-cylinder units that used the original engine beds and gave the vessels an additional 3 knots. All served in World War II, but two, the Jackson and Bedloe, were lost in a storm in 1944. Ten were refitted as buoy tenders during the war and reverted to patrol work afterward. 

Originally designated WPC, for patrol craft, they were re-designated WSC, for sub chaser, in February 1942, during World War II. The "W" appended to the SC (Sub Chaser) designation identified vessels as belonging to the U.S. Coast Guard. Those remaining in service in May 1966 were re-designated as medium endurance cutters, WMEC

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