"Kobra" wrote in message ...
I don't know if this has been covered before, but how much is everyone
paying for their hangars and what is provided?

Mine is a T-hanger with a dirt floor, free electric and manual doors that
are a bear to open and close. The hangar is damp of course, but not too
bad.

When we first secured it the rent was 240.00 and no lease. A few months
later it went up to 280.00 and no lease. Just last month we got our fuel
bill and the hangar rent went up again to 300.00 and the owner refuses to
give us a lease.

That's a 60.00/mo. increase in less than a year. The rumor has it that the
owner is going to keep raising the rent until people start moving out and
there are a few empty hangars. At that point he feels they will be priced
properly.

My question is: at what price would you walk out of a dirt floor T-hangar
with free electric and stiff manual doors? There are no other local
airports with similar hangars that are empty. A tie-down goes for 65.00/mo.

Kobra


I pay $198 for an OK asphalt-floor T, with electricity in Portland, OR
(KTTD), a major metro area in the Pacific NW. Tiedown is $25, so $173
for the hangaring priviledge. I do owner-assisted annuals and
maintenance, which I figure saves about $1000/yr (maybe little more),
the real reason why I hanger instead of tie-down. After that, the pure
convenience/peace-of-mind-when-the-wind-is-blowing charge works out to
about $90/mo, which is really pushing it for me. Probably wouldn't do
it for more. I think any property management company worth its salt
has this reserached for a given area/owner demographics, and the local
prices reflect that. The real problem for all of us is when this works
out to be less than what housing developers are willing to pay....