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#11
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What would you pay?
From the standpoint of the paint, it is generally financially better to
let it sit outside than to pay hangar rent. Of course other weather things (potential hail damage, ice/snow removal), the convenience of indoor work, etc may be worth a lot to some. For me, hangars are unavailable, and being outside isn't that big of a deal. A $100 cover keeps the sun off the avionics and upholstery. Don't forget all the "intangibles" that come with having a hangar. Being in a row of T-hangars is like docking your boat on a lake. Your neighbors are instantly your friends, and everyone has an equal footing from which to start, whether you're a bank president or a lowly innkeeper. Grilling out at the hangar usually means an instant gathering, as the airport bums are drawn to the smell of burgers and free beer. We've solved all the world's problems in our hangar, and strategized many a business decision in Atlas' shadow. A place to keep your "stuff" is worth a lot, too. Riding lawn mowers fit under the wings, motorcycles fit in the back, and our Mustang fits nicely where the kitchen usually "lives" in summer. (We just take down the kitchen table, and drive the car in...) Having a living "diary" is worth something, too. We've got 8.5 x 11 inch photos of every place we've flown, and every person we've flown with, on the walls of our hangar. (I covered the walls with 1" styrofoam/fiberglass insulation board, to which we staple all the photos.) It's collectively called our "Wall of Shame", and it's absolutely priceless to us, as we can look back and see how the kids have grown, and reminisce about great flights and wonderful people who are no longer with us... The walls really can "speak", and they are great conversation starters. There is SO much more to a hangar than just an "airplane garage." Some people have a lovely cottage on a lake -- we have a tin shack on a strip of asphalt. But I know where I'd rather hang out! -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
#12
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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" |
#13
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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." There's advantages of being in the middle of nowhere... When I first bought my plane, I had it in a large 3-sided hangar that held a half dozen planes in McAllen for $90/month. It'd take about 15 minutes to jockey the planes around to get mine out from the back at times. When I moved to Iowa, I shared a hangar with a Cardinal. My plane was behind the Cardinal and I would have to pull it out first, then my plane then put it back. It was a hassle at times but only $35/month. I then moved to southern Minnesota and at the time the only hangar available in the area was at a grass strip about 30 miles away. $45/month for the t-hangar. A hangar opened up at the local airport for $50/month. This made it more convenient when the plane and I were in the same town. I moved again and the plane is again 30 miles away; still at the same airport. The local airport is building some new hangars that will be available this spring. When the new hangars are done, I'll move my plane here to one of the older hangars for $70/month. -Greg B. |
#14
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What would you pay?
Don't forget all the "intangibles" that come with having a hangar. .snipped lots of advantages Yep. I fully agree. I curse every time I have to do some "simple" operation like airing up the tires outside on a 12 degree windy day (like today). But $5 grand a year? That buys a LOT of maintenance and upgrades. As far as the companionship, our hangars are somewhat isolated so you would rarely even see another soul. With the house being under 2 miles away, I can pretty much run back home for whatever I need. Folks further out say this can be a real pain when you try to do some PM, forget this or that tool, and have to make a 1 hour plus round trip to get it. Anyway, my personal "break even" point is about %250. Like I said, we have "old" hangars for that price, but you cannot get one. The lease allows subletting so when an owner sells their plane, they usually "sell" the hangar with it. Mike |
#15
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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. |
#16
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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 |
#17
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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" |
#18
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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. -- 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. |
#19
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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 $.10 per square foot. Even if it doubled it wouldn't be a big deal. Is ANE one of the MSP airports they wanted to close? The airport puts up the hangars and we purchase from the airport. That keeps quality up and the neighborhood looking good. |
#20
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What would you pay?
"Jay Honeck" wrote in message news:JOCmf.636366$xm3.487896@attbi_s21... From the standpoint of the paint, it is generally financially better to let it sit outside than to pay hangar rent. Of course other weather things (potential hail damage, ice/snow removal), the convenience of indoor work, etc may be worth a lot to some. For me, hangars are unavailable, and being outside isn't that big of a deal. A $100 cover keeps the sun off the avionics and upholstery. Don't forget all the "intangibles" that come with having a hangar. Being in a row of T-hangars is like docking your boat on a lake. Your neighbors are instantly your friends, and everyone has an equal footing from which to start, whether you're a bank president or a lowly innkeeper. Good points! I pay $235 a month for a 44foot T-Hanger with electricity (I pay the electric bill) which works fine with a Reiff pre-heater. I could add an electric space heater, but is it worth it? The Reiff makes the engine compartment so warm that much heat transfers to the cabin via the cover. Only occasionally do we get below 0F. In the 6000 foot elevation here, it does wonders to protect the paint and internals. During the winters, it's a major benefit. We don't get all that much snow down in the valley (as opposed to the hills around us), but when we do it blows a lot and can get into all sorts of nook and crannies as it's the light fluffy powder. As for "friends", those of us on the same row as my hanger all share (cost us a one time $50) to use a riding lawn mower that has a special hitch to tow/push the aircraft. That's been a blessing more times than I can remember. Matt --------------------- Matthew W. Barrow Site-Fill Homes, LLC. Montrose, CO |
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