For Sale: Partnership 1962 M20C Partnership

Discussion in 'Aircraft, Clubs, and Partnerships - Buy & Sell' started by blurceo, Sep 18, 2017.

  1. blurceo

    blurceo Pre-Flight

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    1962 Mooney M20C

    Located in the Atlanta West Metro

    TT: 4699

    TBO:2699

    Useful load: 899 LB


    This Mooney was previously owned by Pat Epps and the maintained by the maintenance department at Epps Aviation. The aircraft was re-manufactured at the Mooney factory in Texas in 2003. The engine, prop, panel, fuel tanks, and the interior were all re-done. The exterior was also repainted as well as the inside of the fuselage. I purchased the aircraft last Christmas and have put over 150 hours on it this year. It has all the gap seals and all J model mods.

    IMG_6134.JPG
    IMG_6142.JPG
    IMG_6151.JPG
    IMG_6152.JPG

    Avionics

    Garmin 430 non-waas

    King 155 nav/com

    King HSI

    King glide slope indicator

    King transponder

    Stec-50 autopilot (3 axis and approach mode)


    Engine

    TT:2699, oil changes every 50 hours and oil analysis. All Compression 73 or better last annual.

    No ADs.


    Prop

    TT:2699, has a slight grease leak on one blade

    No ADs


    Last annual

    Fresh tires on all gear.

    Prop governor was overhauled.

    AD for gear rigging was performed. Gear rigging was intolerance.

    New cable for the cowl flaps due to old cable fraying.


    Squawks

    One of the prop blades has a grease leak around the hub.

    Altitude hold on the autopilot will not work below degrees 40F.


    Looking for two partners in 1/4 shares. Aircraft is based at 20GA and will NOT be re-located since myself and the new partner are close to the current airport. Looking to sell each share at $12,500. Monthly cost at the current airport would be $200 a month per share and a run cost of $35 an hour. Gas is currently $3.58 a gallon. Also, the airport has a mechanic on site that does the work on the plane.

    Current insurance requires the following, IR rating, 750 total time, 150 in retracts, and 10 hours in make and model. If you do not have this a checkout by a CFI that meets this requirement is required.

    If you have any other questions let me know.
     
    Last edited: Jan 1, 2018
  2. eman1200

    eman1200 Final Approach

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    interesting. (not 'interested', just...interesting.)
     
  3. steingar

    steingar Touchdown! Greaser!

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    Were I in that part of the country I'd be all over that. Nice looking aircraft.
     
  4. Salty

    Salty Cleared for Takeoff

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    Just to clarify, it's been 2685 since major overhaul?
     
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  5. blurceo

    blurceo Pre-Flight

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    2699 since major overhaul, I miss typed 2685, appolgize for that. I've corrected the post to reflect this. Nothing wrong with engine, fires right up when you start and burns a quart of oil every 25 hours.
     
  6. Salty

    Salty Cleared for Takeoff

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    cool. you've got me beat, but just barely. Mine is at 2653
     
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  7. wayne

    wayne Line Up and Wait

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    The pics look like maybe an S-Tec 50 instead of a 55.
     
  8. blurceo

    blurceo Pre-Flight

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    You are correct Sir. I'll get that corrected.
     
  9. steingar

    steingar Touchdown! Greaser!

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    Number 2222 for me, and I'm looking for partners as well.
     
  10. mtuomi

    mtuomi En-Route

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    This is probably one of the nicest 20C's you'll see.
     
  11. wayne

    wayne Line Up and Wait

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    Interesting plane, and Stockmar (20GA) is a nice small airport. Just wish it wasn't a 40 min drive in good traffic. Heck, I can't get most people interested in FTY. Stockmar is much cheaper though, hangar and fuel.
     
  12. Matt Brasher

    Matt Brasher Pre-Flight

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    Curious: Is the $200/mo for the hangar per share, or total? Private hangar or shared?
     
  13. blurceo

    blurceo Pre-Flight

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    It is per share, and covers the monthly hangar, annual fund, GPS subscription, and puts some back for the avionics upgrade to WAAS.

    It is a private T hangar with power and manual doors.
     
  14. BrianNC

    BrianNC Line Up and Wait

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    What altitude do you normally fly and what kind of TAS do you get?
     
  15. blurceo

    blurceo Pre-Flight

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    Usually around 7K-8K and high-speed cruise about 145KTS, the slow cruise is about 130KTS.
     
  16. blurceo

    blurceo Pre-Flight

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    Still looking for interested persons. Makes a good Christmas present for your self!
     
  17. mscard88

    mscard88 Touchdown! Greaser!

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    How long has that airport been there? I don't recall seeing it before when I was at KATL.
     
  18. blurceo

    blurceo Pre-Flight

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    It’s been there at least 15-20 years I think. It’s been paved for 10.
     
  19. mscard88

    mscard88 Touchdown! Greaser!

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    I'll be. As much as I've flown over that area for 24 years never saw it, nor when I drove thru Villa Rica. Guess I need to get out more. ;)

    I looked at the airport on Google Earth, looks like a nice airport. Now if your Mooney was closer to where I is (Birmingham area) I'd be interested.
     
  20. kayoh190

    kayoh190 Pattern Altitude PoA Supporter

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    Wow - that is a beautiful plane!
     
  21. Dave Theisen

    Dave Theisen Pattern Altitude

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    I've got 150 hours in that airplane. It was a joy to fly.
     
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  22. blurceo

    blurceo Pre-Flight

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    One partner has purchased a share. Looking for two more.
     
    Last edited: Jan 1, 2018