Aircraft Investment Interest Form

1978 Cessna 172N, N738MR. It had been newly-updated with new paint, updated avionics, dual Garmin G5s, 4-place intercom, and has a more powerful 180 HP Lycoming engine STC with increased gross weight. Useful load is 986 lbs.; a true 4 place airplane.

By design, the Deschutes Flying Club does not own the aircraft used by the club, but instead we lease them from aircraft owners. This provides of flexibility as the needs of the members change. As the number of members and their needs fluctuate we can additional aircraft or reduce our numbers to meet the need.

The owner of our Cessna 172, N738MR, and informed us that he would like to sell the aircraft, and his hope is that a group of local pilots will come together and form a new corporation to purchase the aircraft and continue leasing it to the club.

Would you be interested in potentially joining that partnership and becoming an aircraft owner?

If so, please fill out the form below and we will get a meeting on the calendar to discuss all of the details and options, and the club will provide as much guidance as they can on how this new group would form their own corporation or partnership and allow us to keep flying N738MR!

Additional aircraft information and details is shown below the form on this page.

This field is for validation purposes and should be left unchanged.
Name
What approximate initial investment in the aircraft could you provide?
Ideally we would be looking for a group of 5–7 people to This is not a commitment to purchase, but if we were to move forward with a purchase in the coming weeks, how much would you be potentially willing to invest in the purchase?

Additional Aircraft Information

1978 Cessna 172N 
S/N: 17270088  
Airframe Time: 7113.8  
Current IFR Pitot/Static/Xpndr Cert.
 
Engine: Lycoming O-360A4M
Engine Time: ~1300 (to be updated)
Engine TBO: 2000 hours

Propellor Time: TBD
Last Annual: 03/2025
VREF Appraised Value (Fall 2024): $164,000

Additional Features:  

  • Penn-Yan Superhawk 180 Hp STC
  • 2550 lb. MTOW
  • 1008# Useful Load
  • 40 gal Useable Fuel
  • New Paint 2020
  • Flap Gap Seals
  • Composite Spinner
  • 6 Pack Post Lgts
  • Pitot Heat
  • Optional Courtesy Lights
  • Ext. Power Plug
  • Wheel Pants
  • Carb Temp Gage, EGT/CHT Gage,

Recent Replacement/Upgrades: 

  • AirForms Engine Baffles
  • Battery
  • Starter
  • Alternator
  • Voltage Regulator
  • Ignition Harness
  • Spark Plugs
  • Carb
  • Shimmy Damper
  • Fuel Caps
  • All 3 Contactors
  • Door Windows
  • WAT Parmetheus Pro LED PAR 46 Landing Light
  • TANIS Preheater
  • Engine Blanket
  • Rosen Visors.

Avionics: 

  • PSE PMA-7000M-S Audio Panel
  • Garmin GNS-430W w/curr. Nav & Obstacle DB
  • King KX-155 NAV-COMM w/GS
  • Garmin GTX330ES Xpndr w/ADS-B out
  • Dual Garmin G5's; ADI & HSI, Garmin GAD 13 & GTP 59 Temp probe (Gives TAS, DA, Track)
  • Digital Chronometer
  • Bendix King KI 209 VOR/LOC & G/S Indicator
  • Stratus 3
  • 4-Place intercom & plugs 


Damage History:

  • Very light hail damage, several shallow dings wing LE.