Tri-Prop, LLCowns and operates 16.67 acres of land and buildings at the Aurora State Airport (UAO). The property is privately owned (fee simple title) and accesses a federally funded airport. The airport is located just south of the Portland Oregon suburbs, off Interstate 5 and is 25 miles north of Salem, the State Capitol. This airport is part of the National Plan of Integrated Airport Systems (NPIAS) which includes nearly 3,300 public-use airports in the national airport system. Population centers within 30 miles include Portland (650,000), Salem (176,000), Beaverton (99,000), Gresham (110,000), Vancouver (192,000), and Hillsboro (106,000). As of 2020, the Portland MSA has a population of 2,512,969 people. The Aurora State Airport is experiencing significant corporate and executive aircraft growth. Corporate jet production is expected to increase from 693 aircraft in 2024 to 863 per year by 2029. According to Fortune global business jet market will experience a 5.19% compounded annual growth between 2023 and 2030. The Aurora airport master plan calls for further runway extension and expansion as both Portland International Airport and Hillsboro airport face growth constraints. Since 1999, Willamette Aviation, a flight school owned and operated by Tri-Prop LLC’s owners has become the predominant FBO (Fixed Base Operator) serving entry level aviation customers with maintenance, fuel and flight instruction services www.willametteair.com. Willamette Aviation’s business and assets are available for sale separately from the Tri-Prop LLC property.