jacobwall Posted March 31, 2013 Report Posted March 31, 2013 I am potentially moving to Austin summer 2013 and if I do not find partners in Austin to buy out the other two partners here in Dallas I will need to sell my share here in Dallas. "Echo Bravo" as I call her has been a treat to fly, it's rather sad thinking that I might be parting with her. We currently have a partnership setup between three of us, one of which is an American Airlines mechanic which makes for very inexpensive maintenance as well as superb workmanship. We are split three ways with 25/25/50% ownership. The airplane does not have the best avionics that I can admit however we have spent time caring for the airplane and paid to to keep it meticulously maintained. Due to one of the partners being a mechanic things are extremely cheap to install and maintain. Our last annual came in at $1,500 with no major discrepancies (brake pad replacements was the "biggest" item). Since I joined this partnership in January 2012 I flew over 175 hours and roughly 100 flights and have never had to cancel a single one of them outside of for weather. The other two partners do not fly very often due to work, maybe a few times a year so I've never once had an issue with availability. We have a electric gravel hangar at the south end of ADS; the other partners are not willing to move the airplane unless you bought out the other 25% owner of which the 50% owner would accept moving it towards Rockwall, preferably the Rockwall Airport. Airframe, Engine, and Propellor: ~3460 Total Time ~1185 hours SMOH 3 Blade McCauley Prop Non-Speed Modifications: New landing gear pucks, all 3 gears Oct/2011 New Sky-Tec starter Nov 2011 O&N Bladder mod 3/05 Overhauled landing gear motor and gear assembly Feb/2012 (40:1 gear ratio by LASAR, much more reliable than the old 20:1) Speed/Performance Modifications: One piece belly mod Dorsal fin mod 231 wingtip mod 1/4" Glass 201 windshield mod Cowling enclosure mod Flap/Aileron gap seal mod Rounded window corners Avionics/Radios: JPI FS-450 Fuel Flow System JPI Digital Tach S-TEC 60-2 Autopilot KX165TSO Digital Radio #1 Mac1700 10/10 Ea Digital Storable Radio/Nav Freqs Radio #2 3M WX-8 Stormscope King KT76TSO Transponder Bendix/King KR87TSO ADF King KN62A TSO DME HSI AeroLogistics 4 cyl Digital EGT system Visual Instruments LED Voltmeter Level Indicator KMA20TSO Com Selector/Marker Beacon Indicator Additional Equipment: 4 place intercom Custom interior No damage history Other: Electric gear and flaps All AD's current New ignition switch 7/05 Alternator/Voltage Regulator 4/06 Fuel Boost Pump 10/05 Main Battery replaced 2010 ELT Battery replaced Oct/11 Interior: 7/10 The interior shows some wear from the years but functionality wise it is fine and comfortable for the multi-hour legs that I do. Exterior: 8/10 The exterior has some places where the clear coat that goes on after painting has come off but that's only because when washing the plane the pressure washer got a bit too close when I was washing it last summer. You cannot see it in photos and only notice it when you're extremely close. For the sake of potentiality of buying more than 25% in this transaction I am listing costs at 25% 50% and total costs we all pay. If there's any confusion, feel free to ask and I will clarify. Note: Hangar, insurance, and annuals are split three ways. 25% | 50% | Total Cost Hangar: $120 | $180 | $360 Airplane Note (~$52k left, maturity Jan 2024): $152.50 | $305 | $610 Insurance (Lowest time was me at last renewal, 300 TT, 150 MM, 175 complex): $435 | $870 | $1305 Annual (last): $500 | $750 | $1500 Engine Reserves: $20 Per Tach Hour (~$3,000 prepaid into the fund) Buy-out Cost: $5,000 per 25% Quote
ecpilot Posted July 10, 2013 Report Posted July 10, 2013 Jacob...you still looking for an airplane partner? Quote
kevinpool Posted September 13, 2013 Report Posted September 13, 2013 I know I'm a bit late to the party here, but if a 25% share in this plane is still available, I would certainly be interested. If so, just reply here or email me at kevinhpool (at) gmail.com Quote
Martin737 Posted December 8, 2013 Report Posted December 8, 2013 Sorry for the shameless plug but if you want national exposure you can put the listing on my site. There's a category for partnership offered and fractional ownership as well. -Marty Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.