Gold Coast Property Management is please to announce this wonderful opportunity to acquire one of the largest privately owner hangars at the airport.
This hangar is unique for several reasons and here are just a few of what the hangar offers to the next private person and/or entity that buys it:
1)One of largest private owned hangars
2) Waffle Concrere tilt-up construction. Unlike the typical corrugated metal sheets that make up the majority of hangars at the Camarillo Airport, this one was constructed with concrete and is literally built like a bunker. There are two bifold doors that completely open up the hangar and provide easy access to the majority of the planes that would fit in inside with easy access and problems.
Once inside you will notice a both corners in back of unit have lifts. The loft on the left is open and a perfect place for storage, there is a crane pulley system already in place for heavy lifting. The other back corner has a built out and enclosed mezzanine that is used as office space. Boasting almost 5,000 sq ft these hangar fits 3 planes comfortable but has fit four before. There is a scissor lift, extra and/or spare parts or for the airplane that is included in the sale. Yes that is correct, the 1942 PT Fairchild fully restored and having just received its annual airworthiness inspection is included in the sale. Currently there is a 5 year waiting list to lease a hangar at the Camarillo airport and it's been this way for several years. Purchasing the hangar does not mean purchasing the land beneath the hangar. Since the hangar is next to the runway and on FAA grounds, you would assume the current ground lease terms (month-to-month which is how it has been since it was built in 1984. This hangar has never been on the market, the owner built this himself. The reason it's being sold is the aviation enthusiast passes away and the family estate no longer has pilots or needs to store planes.
The estate had both the hangar and airplane appraised and together the were valued at over $400k. The estate is asking $360,000 for both the hangar and plane. Call today to schedule a tour!
Ground lease is around $675/month! Why lease when you can own!
