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Why buy?
Things to think about for sales advantages:
Ownership
Economics – Rent vs. Buy
Limited supply and growing demand = appreciation potential
· Airports
are running out of land to be developed.
· Your choice: Keep paying increasing rent or buy the building. Are
you renting your residence or did you buy it? Why not apply the same theory to you hangar!
· Historically hangars
have increased in value substantially. Why not consider adding more real estate to your portfolio?
Great Utility =
park all your toys here safely.
· Great shop potential. Build a kit plane. Have a hangar party.
· Store
your business records
Easy to Buy = for little more than renting a “T” hangar, you can own the “real
deal”.
· You’re leasing the land (30years) and buying the building – this keeps your acquisition
cost down. Maximum bang for minimum buck.
· Today’s low rates make financing your purchase easy. Contact
us for referrals to “hangar Friendly” bankers. Typical terms are 20% to 25% down, 6.5% to 7.5%,
and 20 years amortizations.
· Example: $99,500 hangar with 20% down at 7% is only $617 plus condo
fees. How can you afford not to?
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