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Old December 12th 05, 03:05 PM posted to rec.aviation.owning
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Default What would you pay?


"N93332" wrote in message
...
"Jay Honeck" wrote in message
news:BQCmf.394424$084.284591@attbi_s22...
New hangars came available at the airport I fly out of and I
bought two. The rent on one pays for the annual costs for both. 39 T
hangars sold in in about two weeks.


How does that work, Dave? Is this a private airport, or municipal?

Our airport has talked about selling hangars to tenants, but it always
gets swept aside as being unworkable.


I've seen a few places that have privately owned hangars on
municipal/public airports. Check out Morningstar in Des Moines sometime.
When I had my plane at Sleepy Eye (y58), I rented one of the three spots
in a hangar from the hangar owner. He also offered to sell me a third of
the hangar. I didn't buy it; I'm now 60+ miles from there.

-Greg B.


Here in El Dorado AR (ELD) all the hangers are privately owned on leased
land. The lease is about $500/yr on the land the hanger cost about 25K to
build.

www.peoamerica.net/N601WR