Thread: Hangar rent
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  #12  
Old November 7th 03, 02:20 AM
john price
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As someone else said $300 is about the going price in NJ... I'm
up at 47N... One of my hangars is an end unit in an open hangar...
Previous tenent put in some recycled paving material so it is a little
better than a dirt floor.. Leaks like crazy... Worse since the hurricane...
Manual doors... Mine have been worked on and work fairly well... $300...
Other hangar is a good T with block walls and full floor... Only minor leaks
and great manual doors... $300...

John Price
CFII/AGI/IGI
http://home.att.net/~jm.price


"Kobra" wrote in message
...
I don't know if this has been covered before, but how much is everyone
paying for their hangars and what is provided?

Mine is a T-hanger with a dirt floor, free electric and manual doors that
are a bear to open and close. The hangar is damp of course, but not too
bad.

When we first secured it the rent was 240.00 and no lease. A few months
later it went up to 280.00 and no lease. Just last month we got our fuel
bill and the hangar rent went up again to 300.00 and the owner refuses to
give us a lease.

That's a 60.00/mo. increase in less than a year. The rumor has it that

the
owner is going to keep raising the rent until people start moving out and
there are a few empty hangars. At that point he feels they will be priced
properly.

My question is: at what price would you walk out of a dirt floor T-hangar
with free electric and stiff manual doors? There are no other local
airports with similar hangars that are empty. A tie-down goes for

65.00/mo.

Kobra