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New Hangars Arriving Soon at Pegasus Airpark (5AZ3) - NO GROUND LEASES

Sale Pegasus Airpark, Queen Creek, AZ


34 new hangars coming to Pegasus Airpark (5AZ3) in 2023! Private airpark with NO GROUND LEASES, you can own your hangar forever and pass it down for generations or re-sell in the future without the depreciation from limited years remaining on a ground lease. Queen Creek has been voted the best place to live in the country and continues to grow with tons of class A developments, amenities/entertainment and recreational activities nearby!

Links to additional project information:
Project status:
  • Breaking ground in Q1 of 2023
  • Taking fully refundable lot reservations for Phase I, currently 9 units are reserved. Purchase contracts will be released soon.
    • 24 standard hangars - (8) 80x60 & (16) 60x60
    • 10 executive hangars - 80x80
  • Delivery of units is expected to be Q3 of 2023
Hangar information:
  • NO ground leases at a private airpark, and has some of the best pricing available to owners on all types of aviation fuel
  • Units will be delivered with higher power hangar doors, 4’x8’ man doors, insulation, fire protection, cement flooring, lights, power outlets, and utilities/plumbing stubbed in for Buyers to build out their interior with restrooms, offices, lofts etc. 
    • The executive 80x80 hangars includes the above in addition to separate driveway entrances from Diana Wy into an RV garage door, a 10' tall glass front door & sliding patio doors, and a large front yard/patio with landscaping.
    • After purchasing buyers can apply for an interior improvement permit from Town of Queen Creek to convert a portion of the executive hangars into a livable residence (not applicable to standard hangar units).
Community information:
  • Gila River Resorts broke ground on their new $150 million casino only 12 miles away on the SE corner of Gilbert Rd & Hunt Hwy in October of 2021. 
    • It’s scheduled completion is in Q4 of 2023 which will provide additional restaurants/activities and economic stimulus to the area that further increases property values
  • Less than a mile away from Pegasus is San Tan Flat one of the best cowboy western restaurants in Arizona (has great ribs every day after 4pm) and Fat Cats which is a family entertainment venue with bowling, cinema, games, food & drinks. Or the San Tan Mountains and recreation areas for hikes, off-roading, etc. is only a few miles to the South.
  • ±300 days of sun every year for flying
  • Helicopters were approved in late December of 2021

More details

Name Description
Advertiser's Name John Panfil
Company Equity 1000 LLC
Land Lease Cost NONE
Advertiser Type Developer

Ad details

Ad ID : 11702
Date Posted : 11-18-2022
1 week ago

Contact Information

John Panfil
Email Advertiser

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