Why do people consider airpark lots a good investment?
No investment is a sure thing and we can learn from other quality airparks which have generally been very good investments. Scarcity tends to be one of the driving factors in real estate value. Airpark properties are among the most unique and scarce commodities in real estate. Airparks having taxi access between each lot and the runway are even scarcer. Add to this the nearly year round perfect weather of southeastern Arizona, the incredible beauty, history, and the projected trends in Arizona real estate, a state in the sights of a large number of retiring baby boomers and a state where roughly only 14% of the overall land is actually private, and you can see why an Arizona airpark is something for the investment minded person to consider.
