Incredible location with lots of options for development with this current airport. Existing hangars are 100% rented! There is a HUGE demand here for additional growth and offers very large ROI to new owner. Buyer can purchase this airport and grow quickly in aviation or use in development of this 68.5 parcel in beautiful setting off a well traveled road. Purchase of airport includes 7 residential lots available to sell as desired. Property is zoned PUD C-1 Commercial. Plenty of value and possibility here for $3 million!

1. FOR SALE
Presented by:

2. What the property includes:
Utilities already ran to several areas of the property – Including:
 Public Sewer
 Electric
 Natural Gas
 68.5 Acres of C-1 Zoned property
 6 R-1 Zoned Residential lots
(5-one acre parcels) (1 – 1.64 acre parcel)
 Main office building
 11 Hanger buildings
- 4 x 3,600 Sq Ft
- 1 x 17,856 Sq Ft
- 3 x 3,264 Sq Ft
- 3 x 1,728 Sq Ft
Utilities are located
where blue arrows
show

3. Current Cash Flow Analysis: 2015
Income:
Hangers - $133,380
Fuel - $75,552.43
Utilities - $291.52
Association Dues - $7,300
Farm Land Rent - $8,250 Total Income - $224,773.95
Expense:
Credit Card Charges - $2,519.61
Gas & Oil (onsite Maintenance) - $2,702.90
Utilities - $1,761.43
Licenses & Fees - $195
Real Estate Taxes - $25,333.39
Fuel - $53,777.92
Sale Tax Expense (Fuel tax) - $3,594.68
Insurance - $6,735
Office Supplies - $197.04
Repairs & Maintenance (Est annual cost) - $18,000
Total Expense - $114,816.97
Total Profit - $109,956.98

4. Office Building
4 – 3600 Sq Ft
Hangers
17,856 Sq Ft
Hanger – 13 Units
3 – 3,264 Sq Ft
Hangers (Duplexes)
3 – 1,728 Sq Ft
Hangers
5 – 1 acre Lot (Res)
1 – 1.64 acre Lot
*Available to sell*
$69,900 - $89,900
Future Growth Phase II (In Green)
 40 – 90x90 C-1 Lots available to sell: $80K - $100K each
 6 – Duplex hangers – Rentals - $370+ per side per month
 1 – 3,600 sq ft hanger – Rental - $1,300 per month
 Additional space to develop (self-storage, ect)
Runway

5. How much ROI can I expect from the future development?
 40: C-1 lots to sell at $80 – 100K = $3.2 – 4 Million (est. $200,000investment – not all upfront)
 Future monthly access fee from 40 lots at $50x40 = $2,000
 6 – 3,264 sq ft Duplex hangers = $740 per month
 1 – 3,600 sq ft Hanger = $1,300 per month
 Additional Fuel usage from more planes on property ($1 profit/gallon)
 Current hanger rentals = $11,115 per month
 Current fuel usage = Est. $1,815 ($1,814.55 – 2015 actuals) Per month*
 Home association dues = $7,300 (+$40 more each home max 10 = +$400 monthly)
 Future hangers = duplexes ($4,440 monthly) Large ($1,300 monthly)
TOTAL = $3.2 - $4 Million CASH BACK + $23,718 Monthly + Fuel (minus expenses)
$284,620 Yearly
(all dollar values may vary depending on who owners uses to build & how they set up development – buyer to verify all cost)
(City2Shore Real Estate is not held responsible for any information shared)

6. DON’T FORGET THE RESIDENTIAL LOTS!
 5 – 1 ACRE LOTS - $69,900 EACH = $349,500
 1 – 1.64 ACRE LOT - $89,900
TOTAL OF $439,400
TOTAL CASH BACK POTENTIAL = $4,439400
+ PROPERTY CASH FLOW

7. FAQ’s
Q: What type of liability is involved with owning an airport?
A: This airport is certified annually with the State of Michigan ($25) and this removes all liability from the
airport regarding the aircraft that land there and any accidents that may occur. As the owner you do want carry
insurance on all the buildings as well as a blanket coverage for any claims made by others using the airport
property or occupying the property.
Q: Do I pay the utilities for all the hangers?
A: No, all the hangers are metered separately. You do pay the utilities for the main office.
Q: Why is the owner selling?
A: He does not want to start on the project because he wants to spend more time in FL working on a few
projects down there.
Q: Are the hangers currently rented?
A: Yes. They are 100% rented and there are calls very often requesting rental space.

8. FAQ’s – Con’t
Q: What do the association dues go towards?
A: The association pays for the taxi way behind the homes leading to the airstrip. The
association pays $40 per month per lot to the airport & on top of that, the association pays
1/3 (33%) of all maintenance on the airstrip (This is not part of the dues, this is a special
assessment). (Once commercial 90x90 lots are sold – an additional $50 per month per unit
access fee + that association will pay for 1/3 (33%) of maintenance on the airstrip. You as the
owner will only pay 1/3 (33%) of all future maintenance on the airstrip.
Q: What is the largest size airplane that can land at the Ottawa Executive Airport?
A: Small business jets. Piston Single, Piston Twin, King Air & Citation are regular users.
Q: What year was the airport started?
A: 1991
Q: Do I need any type of special credential to own an airport?
A: No
Please let us know what other questions you have!

9. This property is ideal for someone who is into Aviation, has an
Aviation Business and/or Real Estate development.
Are you looking for a cash flowing asset and a way to get your
investment back to you quickly?
The Ottawa Executive Airport is an extremely unique property to
add to your portfolio. How often do airports come available for
sale? Not often.
We are looking for an investor and developer that wants to take
the Ottawa Executive Airport to the next level. The utilities are in
place, the demand is here.

10. Now, the BIG question?
How much does the property cost?
$2,940,000
With a $2.94M investment, plus some minimal additional
funding to get the Phase II project started. You can get $3.2 -
$4M CASH BACK in YOUR pocket quickly by selling commercial
lots. Also, $439,100 by selling residential lots. On top of that
you will own a cash flowing asset for years to come.

11. Contact us today for additional details.
Ryan D. Kelley
&
Rennie J. Barton
616.401.1595
Ryan@CITY2SHORE.COM

12. THANK YOU FOR
WATCHING THIS
PRESENTAION