I'm selling a 50% share in N9363V, a 1970 Mooney M20F based at Essex County Airport (KCDW) in New Jersey. Dual Garmin GI 275s, a GFC 500 autopilot, and a WAAS navigator, all in an airframe that trues 145 knots on 10 gallons an hour. It's a serious IFR cross-country machine that costs about as much to run as a fixed-gear trainer.
Buyer acquires 50% of the shares in the corporation that owns the aircraft. Fixed costs split down the middle from day one.
Half an airplane, a partner who flies it well and maintains it properly, and a hangar spot 20 minutes from Manhattan.
N9363V is owned by a corporation. You buy 50% of the shares in that corporation, and from that point the two of us own and run the airplane together as equal partners. No club, no board, no committee. Two owners, one airplane, one shared calendar.
I've owned and flown this airplane since 2022 and put roughly 400 hours on it. It gets flown regularly, which is the single best thing that happens to a 1970 airframe. It lives in a hangar, it goes to the same shop every year, and the logs are complete and consecutive back to new.
I'm a CFI/CFII with 800+ hours, most of them in Mooneys. If you're new to the type, transition training comes with the deal (see the aviation page for what I do). You'll need it for insurance anyway, and I'd rather teach you the airplane myself than hand you the keys and hope.
A good fit: an instrument-rated pilot in the NY/NJ metro who wants a fast, efficient traveling airplane and flies 75 to 125 hours a year. Someone who wants real IFR capability without a $400,000 entry price.
Not a fit: a pilot who needs the airplane on demand every weekend, wants to base it elsewhere, or is looking for a primary trainer. A retractable complex single is the wrong first airplane.
1970 Mooney M20F Exec 21. Times current as of August 2026.
Airframe, engine, and propeller times are tach-derived. All specifications subject to verification on inspection.
Glass primary flight instruments, a digital autopilot, and no vacuum system to fail. Amber-marked items are the recent upgrades.
As she sits. No staging, no rental-fleet gloss.
A two-person partnership, in plain terms. Nothing here is complicated, and all of it goes in writing before money moves.
The aircraft is registered to a corporation. You purchase 50% of that corporation's shares. Title to the airplane never moves, so there's no re-registration and no new bill of sale on the airframe itself.
Two 50% partners. Routine maintenance, scheduling, and consumables run on agreement. Anything discretionary above an agreed dollar threshold, upgrades and major work included, needs both signatures.
Hangar, insurance, annual inspection, database subscriptions, and the corporation's own filing costs are shared 50/50 through a joint operating account funded by monthly contributions.
Variable costs, meaning fuel, oil, and an hourly reserve for the engine and prop, are paid by whoever flew the hours. Tach time is logged on a shared sheet and settled monthly.
Scheduling is first come, first served on a shared online calendar, with a fair-use rule for holidays and long trips. No monthly minimum hours and no block-time buy-in.
The co-ownership agreement includes a right of first refusal and an agreed process for valuing and selling a share, so either partner can exit without stranding the other or forcing a sale of the airplane.
Damage history: a gear-up landing and light hail damage, both prior to my purchase in 2022, both repaired and documented in the logs. Nothing has been hidden and nothing is undocumented.
The buyer is welcome to a pre-buy inspection at a shop of their choosing, at their expense. I'll make the airplane and the complete logs available for it. I'd think less of a buyer who didn't ask.
Purchase of a share is subject to a written co-ownership agreement and to the insurer's approval of the incoming pilot. Both parties should have their own counsel review the share transfer and the operating agreement.
Tell me your ratings, roughly how much you fly, and where you're based. I'll send the logs and we'll go fly it.
Serious inquiries get a walkaround, the full logbook history, and a flight in the right seat. I'd rather spend an afternoon at the hangar than trade emails for a month.