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What would you pay?



 
 
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  #1  
Old December 10th 05, 03:52 PM posted to rec.aviation.owning
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Default What would you pay?

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.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"


  #2  
Old December 10th 05, 04:48 PM posted to rec.aviation.owning
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Default What would you pay?

"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.


  #3  
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


  #4  
Old December 12th 05, 06:45 PM posted to rec.aviation.owning
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Default What would you pay?



Gig 601XL Builder wrote:




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.


Same here in Billings. To build a 60x60, which is the smallest you are
allowed, will run you $90K.
  #5  
Old December 10th 05, 07:21 PM posted to rec.aviation.owning
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Default What would you pay?

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.


("Jay Honeck" wrote)
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.



At ANE (Anoka County-Blaine, MN - 20 miles N of M/SP) you build your own
hangar on leased land, just like a trailer "court" ...or mobile home "park"
....or manufactured housing "village". You know, tornado magnets.

Put whatever you want up on your site, but you still owe rent (lease)
payments on that site each month. Hangars sell from owner to owner. The
leases (land rent) are set to almost double at ANE over the next few years.

ANE is one of six reliever airports for (MSP) Minneapolis/St Paul
International. All are part of MAC - Metropolitan Airports Commission.

http://www.mspairport.com/mac/organization/default.aspx


Montblack

  #6  
Old December 10th 05, 07:29 PM posted to rec.aviation.owning
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Default What would you pay?

The leases (land rent) are set to almost double at ANE over
the next few years.


Holy crap! What are they trying to do, weed out the riff-raff?

What will that do to the airport?
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"


  #7  
Old December 10th 05, 11:07 PM posted to rec.aviation.owning
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Default What would you pay?

("Jay Honeck" wrote)
Holy crap! What are they trying to do, weed out the riff-raff?

What will that do to the airport?



The idea is to get the leases up to "market" levels ...whatever that means,
especially since it's 1940's 'set aside' airport land - all managed by the
Metro Airports Commission.

The rents, along with a bump from (gate) fees collected at MSP, used to
cover local costs.

These days, Northwest Airlines wants the lion's share of all 'gate fees'
paid to MAC to be used for projects at the main airport, MSP. This leaves a
difference to make up out at the six reliever (MAC) airports. Airports that
used to get a percentage of those funds.

Another factor in the rate hike is the Twin Cities Met Council, a gigantic
non-elected 'region wide' government body - parks, sewers, buses, housing,
etc. A good chunk of the cost increases at ANE are associated with Met
Council rate hikes.

http://www.metrocouncil.org/about/fa...MetCouncil.pdf
Met Council ...'Who am I? Why am I here?'

http://www.metrocouncil.org/


Montblack

  #8  
Old December 10th 05, 08:25 PM posted to rec.aviation.owning
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Default What would you pay?


"Montblack" wrote in message
...
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.


("Jay Honeck" wrote)
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.



At ANE (Anoka County-Blaine, MN - 20 miles N of M/SP) you build your own
hangar on leased land, just like a trailer "court" ...or mobile home

"park"
...or manufactured housing "village". You know, tornado magnets.

Put whatever you want up on your site, but you still owe rent (lease)
payments on that site each month. Hangars sell from owner to owner. The
leases (land rent) are set to almost double at ANE over the next few

years.

ANE is one of six reliever airports for (MSP) Minneapolis/St Paul
International. All are part of MAC - Metropolitan Airports Commission.

http://www.mspairport.com/mac/organization/default.aspx


Montblack



We currently pay $.10 per square foot. Even if it doubled it wouldn't be a
big deal. Is ANE one of the MSP airports they wanted to close? The airport
puts up the hangars and we purchase from the airport. That keeps quality up
and the neighborhood looking good.



  #9  
Old December 10th 05, 10:07 PM posted to rec.aviation.owning
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Default What would you pay?

("Dave Stadt" wrote)
We currently pay $.10 per square foot. Even if it doubled it wouldn't be
a
big deal. Is ANE one of the MSP airports they wanted to close?



No. The talk is of closing Crystal (MIC) ...developers are salivating over
that one.

If Minneapolis/St Paul (MSP) airspace is a clock, then ANE is up near 12
o'clock or 12:30 with MIC at 10:30 or 11 o'clock.

MIC ....14 (s) miles from MSP
MIC .... 9 (s) miles from ANE
ANE .. 18 (s) miles from MSP

http://www.mspairport.com/relievers/...l/default.aspx
(MIC) Crystal Airport

http://www.mspairport.com/relievers/...e/default.aspx
(ANE) Anoka County - Blaine Airport

See where the N/S runway at ANE was moved ...up? We'd have a 7,500 ft runway
if it was an addition rather than a relocation. Neighbors in Mounds View, in
the bottom of the pic, were complaining. As it is, 18/36 is currently under
5,000 ft.

The new Minnesota Viking's stadium will be just out of the picture, 2 mile
away, in the upper right hand corner ...if it ever gets built.


Montblack

  #10  
Old December 10th 05, 10:48 PM posted to rec.aviation.owning
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Default What would you pay?



Montblack wrote:

At ANE (Anoka County-Blaine, MN - 20 miles N of M/SP) you build your own
hangar on leased land, just like a trailer "court" ...or mobile home
"park" ...or manufactured housing "village". You know, tornado magnets.

Put whatever you want up on your site, but you still owe rent (lease)
payments on that site each month. Hangars sell from owner to owner. The
leases (land rent) are set to almost double at ANE over the next few years.


That's where I fly in to when I come to town as it's the closest airport
to my folks. What are the going rates if I wanted to buy a hangar?
 




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