What would you pay?

("Newps" wrote)
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?


70k - 130k for something nice. 40x40 would be on the small side in this
group.

A very nice (newer, insulated, nicely finished, upper office, etc) 60x65?
was for sale this spring for around 169k. I look at the for for-sale signs
when I drive around over there. I've yet to see anything offered for under
60k. Apparently small hangars don't go up for sale often or are snapped up
right away by "insiders". Lake Elmo (21D) east side of the Twin Cities, near
the Wisconsin border, might be cheaper.

If you're only flying in once or twice per month, I suspect another 30-45
minutes (one way) in the car would save you a bundle. Where is your folks
house?

I've heard South St Paul (SGS) is reasonably priced - home of Ballistic
Recovery Systems (BRS). This airport is not part of the MAC reliever airport
system - it's only 8 nautical miles (east) of MSP, and about 5 miles (almost
due south) of Downtown St Paul (STP).

According to AirNav:
(STP) Downtown St Paul ... 7.3 nm to MSP
(STP) Downtown St Paul ....4.8 nm to SGS
(MSP) Mpls/St Paul Int ........8.0 nm to SGS


Montblack

Montblack wrote:


A very nice (newer, insulated, nicely finished, upper office, etc)
60x65? was for sale this spring for around 169k. I look at the for
for-sale signs when I drive around over there. I've yet to see anything
offered for under 60k. Apparently small hangars don't go up for sale
often or are snapped up right away by "insiders". Lake Elmo (21D) east
side of the Twin Cities, near the Wisconsin border, might be cheaper.

If you're only flying in once or twice per month, I suspect another
30-45 minutes (one way) in the car would save you a bundle. Where is
your folks house?

I'm not in the market, just wondered what they go for now. The folks
live on the western shore of Turtle Lake, about a half mile south of I
and Lexington.

I've heard South St Paul (SGS) is reasonably priced - home of Ballistic
Recovery Systems (BRS). This airport is not part of the MAC reliever
airport system - it's only 8 nautical miles (east) of MSP, and about 5
miles (almost due south) of Downtown St Paul (STP).

One of the guys I went to high school with works at Wipaire as a
mechanic. I've landed there a few times too.

("Newps" wrote)
I'm not in the market, just wondered what they go for now. The folks live
on the western shore of Turtle Lake, about a half mile south of I and
Lexington.


Abandoned & Little-Known Airfields
http://www.airfields-freeman.com/
Go to MN
Go to Mpls-St Paul area
Go to University of Minnesota Airport

(I have a friend who soloed at this airport in the late 1940's, when he was
a student at the U. He said it cost next to nothing for him to fly a J-3 Cub
there - as a U of M student.)

The intersection of County Rd I and I-35W is in the bottom of the 2001 color
photo of the U of M airport. County J is along the top of the open field
were the big new Wells Fargo Ops Center is today. Lexington Ave is off the
right side of the picture by an inch. Your folks place is over (diagonal
down) one box. g

ANE is just out of the picture to the top-left.

The list also includes "Southport" Airport - Apple Valley
County Rd 42 (150th St W) and Cedar Ave (State Hwy 77)
I saw the Thunderbirds and Blue Angels here as a kid.

"Northport" Airport in White Bear Lake hung on well into the 90's.


Montblack

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

Private public use airport. Poplar Grove C77 in northern IL now the largest
airport aircraft count wise in the state with 400 plus aircraft. We own the
hangar and pay a nominal annual land lease, property tax, insurance and
maintenance fee that covers snow plowing, lawn mowing, etc. Total comes to
about $1,200 per year. The land lease is a transferable 99 year lease.
Probably one of the better investments around. It is not unusual for a
hangar to sell in a couple of hours.

Jay Honeck wrote:

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

You might do it the way they did it at Trenton/Mercer County (TTN). A private
company was allowed to build the hangars on airport property. Each hangar was
sold as if it were a "condominium" apartment (IIRC, the price for each was about
$45,000). That paid the developer back for his investment. The airport charges a
monthly maintenance fee.

George Patterson
Coffee is only a way of stealing time that should by rights belong to
your slightly older self.