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What would you pay?



 
 
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  #1  
Old December 11th 05, 03:41 PM posted to rec.aviation.owning
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Default What would you pay?

Yeah, but you pay next to nothing for it (you recently posted a figure of
something like $1,200/year?). Around here, you're looking at upwards of
$5,000.


True enough. (It's actually $1400 and change...)

So why, again, do you choose to live where hangars are unaffordable?

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


  #2  
Old December 10th 05, 02:50 PM posted to rec.aviation.owning
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Default What would you pay?




"Kobra" wrote in message
...
Hangar tenents,

Hypothetical situation: You're in a hangar. There are no more hangars

for
100 miles. There is a waiting list for a hangar just as long. There are
plenty of tie-downs for a poultry 70.00 per month. Just out of curiosity
... what would be the magic price of hangar rent that would make you say,
"THAT'S IT!! I'M OUTTA HERE!! YOU CAN HAVE THE HANGAR...GIVE ME A

FRICKIN'
TIE-DOWN."

Kobra


If I couldn't afford or didn't want to pay for a hangar I would sell the
airplane. 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.





  #3  
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"


  #4  
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.


  #5  
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


  #6  
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.
  #7  
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

  #8  
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"


  #9  
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

  #10  
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.



 




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