159-79 Olmstead Drive

Estimated Monthly Payment: $2,917/mo 159-79 Olmstead Drive, Denison, TX 75020 MLS# 13841268 Commercial Listing Status: Active
229
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REMARKS:

Excellent opportunity for a Pilot to own a hanger and receive income on a long term ground lease that has 27 years left from a 40 year ground lease. Approximate annual income is $53 k for two hangers side by side, one hanger is a tri-plex with 3 tenants and the other hanger is a duplex with 2 tenants. Each of the 5 hydraulic doors are 47' wide & 14.5' clear height which will fit a Lear or most King Air planes. Both hangers are in excellent condition & front on an existing Taxi-way with swift access to the main runway. This is a one of a kind opportunity for a Pilot seeking an investment that will cover the cost of their own hanger. Technical Airport Info at website, northtexasregionalairport.com

OVERVIEW:

Commercial
Active
GRAYSON AREA (37)
DENISON (1)
North Texas Regional Airport
2002
Metal
Slab
0.59
1
Metal
No Air, No Heat

FEATURES:

Concrete

FINANCIAL:

$639,600

NEIGHBORHOOD & SCHOOL INFORMATION:

Courtesy of Frank Ventura, Easy Life Realty

 

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