29502 S Meridian Rd Hubbard, OR 97032

Listing agency Hancock Real Estate t***@hancockcre.com Show Phone

Listed by Terry Hancock · License #OR 200110013

Source Crexi

Added: Aug 27, 2024 Updated: Jul 6 at 7:47AM Checked: Jul 19 at 4:48AM

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Investment Insights

Based on property information with market context.

Lenhardt Airpark is available for sale. This privately owned, public use general aviation airport features a 3,200 foot runway, over 75 total hangars, and a small operations office. Seventy of the total hangars have been leased in long-term leases, while the remaining hangars are leased on a month-to-month basis by the airport's ownership. The property also includes two acres of land available for development. Common areas, a clubhouse, and hangar-talk events foster a strong sense of community for aviation enthusiasts.

Key Highlights

• 3,200 foot runway for general aviation.
• Over 75 total hangars, providing ample aircraft storage.
• 70 hangars are leased long term, providing a stable income stream.

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FAQs

What type of property is this?

Aviation real estate - Privately owned public use airport with development potential.

Where is this aviation real estate located?

The property is located at 29502 S Meridian Rd Hubbard, OR.

What is the asking price?

The asking price for this property is $2,550,000.

What are key features of this property?

This property features: 3,200 foot runway for general aviation.; Over 75 total hangars, providing ample aircraft storage.; 70 hangars are leased long term, providing a stable income stream.