For Sale Aircraft club forming Zeeland MI Z98

40YearDream

Pre-takeoff checklist
Joined
Jan 23, 2020
Messages
226
Location
Grand Rapids, MI
Display Name

Display name:
40YearDream
We're trying to start an aircraft club at Z98, Zeeland Michigan. No airplane yet, although the mission consensus appears (so far) to call for a 4-adults + fuel + bags capable aircraft. {e.g. a 182 IFR capable.} This will be an 'equity' club, where the members own a share of the aircraft. Have 4 serious people so far, looking for 2 - 4 more. Secondary goal is to keep the costs manageable, ideally $15K buy-in (if possible). This obviously will depend on the number of members.
Message me if interested!
 
In today's 182 market, $120K (8 x $15K) will buy you a decent plane, but there's nothing left over to buy a hangar. Are you planning on renting a hangar?
 
Yes, there’ll be monthly dues in addition to buy-in for hangar rent, insurance, maintenance, etc. Airport management has promised us hangar space. They are trying to encourage more aviating (like most airports, lots of hangar queens!)
 
Looks like I posted this in the wrong place. Admins - can you move this thread to the "Aircraft, Clubs and Partnerships" section? Thanks!
 
Well, can't seem to get more than 2 of us interested. This 'club' not happening, any time soon. :(
 
Back
Top