Investment Overview
Offered for sale is a heated, insulated “T” hangar at Cherry Capital Airport in Traverse City, Michigan, conveyed as co‑op shares with exclusive rights to Unit 2 rather than fee ownership of the underlying real estate. The hangar measures approximately 42 feet wide by 40 feet deep with a 13‑foot clear door height, accommodating a variety of general aviation aircraft in a secure, private space. Interior features include durable epoxy floors, convenient access to a shared restroom, and direct positioning on the airfield at TVC, a busy regional hub serving both commercial and general aviation traffic in Northern Michigan, which is undergoing a major $120M expansion.
Investment Highlights
- 1,241 SF Modern Hangar
- Constructed in 2018
- Association Fees are $150/month