Investing In Aircraft Hangars

[David Spurlock]

After years of regular real estate development where I needed to travel by plane. As a result, I discovered that many aircraft owners like me were experiencing a shortage of hangars. Naturally, owners didn’t want their expensive planes sitting outside in the weather. I started exploring the market and discovered that the shortages were wide spread.  I’m currently working some deal in the Phoenix valley where there are acute shortages of hangars. Roughly, there are 600 owners waiting on hangars.