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Old December 11th 05, 05:31 AM posted to rec.aviation.owning
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Default What would you pay?

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.