Fee-simple ownership
Own the hangar and the land beneath it
At most public airports a hangar owner is really a tenant. Boyer Hangars is different, and this page explains how.
Fee-simple compared with a ground lease
| Question | Boyer Hangars (fee-simple) | Typical airport ground lease |
|---|---|---|
| Who owns the land | You do | The airport or a landlord |
| Lease expiration | None | Fixed term, then renew or lose the building |
| Ground rent | None | Paid for the life of the lease, often adjusting over time |
| Your title | The hangar and the land under it | The building only, on someone else's ground |
| Selling or passing it on | Sell or transfer it like any real property | Value depends on the years left on the lease |
| Renting it out | Yours to decide, within the recorded rules | Often needs landlord approval |
General comparison. Lease terms vary by airport, so check the lease you're weighing against.
What to expect when you buy
Inquire
Tell us about your aircraft and which hangar you like. We reply within one business day.
Tour and fit check
Walk the site and check your aircraft against the door opening and the floor space.
Review the documents
We send the recorded documents, site plan, and cost estimates. Your attorney, lender, and title company go through them with you.
Purchase agreement
We write the offer and open escrow with a title company.
Close and move in
Close through title, record your deed, and taxi your aircraft in.
Questions we hear most
What does fee-simple mean?
You own the hangar and the land it sits on outright, in your own name. There is no land lease and no lease expiration, and you aren't paying ground rent to anyone.
Is the land really private?
Yes. Boyer Hangars is built on private property next to Sandpoint Airport, with direct taxiway access. That is different from hangars on airport-owned ground, which are almost always on a ground lease.
How much are the hangars?
The four available hangars (7, 8, 9 and 10) are priced at $900,000 each for 3,600 sq ft, or about $250 per square foot.
Can I rent a hangar instead of buying?
The owners of Hangars 1, 2, 5 and 6 are open to renting. Send an inquiry and we'll put you in touch.
Will my aircraft fit?
Each door is 55' wide and 16' tall. Send us your wingspan, tail height, and the aircraft you fly, and we'll confirm fit with the developer before you commit.
How does access to the airport and taxiway work?
Each hangar has direct taxiway access to Sandpoint Airport. The terms of that access, and any airport-related obligations that go with it, are set out in the recorded documents. We'll send them with your inquiry so your attorney can review them.
Are there ongoing costs?
As with any real property, expect property taxes and insurance, and possibly shared-maintenance or association costs. We'll provide the figures that apply to each unit before you make an offer.
What can I do inside the hangar?
Allowed uses and any build-out (insulation, heat, offices, storage) are governed by the city and the recorded covenants. Ask us before you plan, and we'll get you a clear answer.
Can I finance a hangar?
Many buyers use a commercial or aviation-experienced lender. Talk to your lender early; we can introduce you to local ones if you'd like.
Something we didn't cover? Send us a question or call (509) 904-7174.
Reserve a hangar, or ask a question first
Tell us what you fly and which unit interests you. A member of our team will reply within one business day with specifics, the recorded documents, and a time to walk the site.
Boyer Hangars is developed by Boyer Hangars LLC. Schoenrock Griffith Group represents the development exclusively. Pricing, availability, dimensions, and terms are subject to change and are not an offer; verify everything you rely on, and review the recorded documents with your own attorney, lender, and title company before you buy.