Buying bank owned property with cell tower

by Buddy
(Montgomery, AL)

I am looking at a property that has been foreclosed on that has a cell tower on it with an upfront paid 25 year lease. Do I just have to accept that there is a tower on my property that I get nothing for or is there a way to renegotiate with the cell tower owner to rework the lease?

Comments for Buying bank owned property with cell tower

Average Rating starstarstarstarstar

Click here to add your own comments

Apr 09, 2014
Rating
starstarstarstarstar
It depends....
by: Sean (Tower Genius)

We would need to see the specific lease to help you craft a strategy. There may be some terms that could help you get the tower owner back to the negotiating table sooner than the end of the 25 year term. Please give us a call as we need some additional site specific info so we can give you proper advice. Our initial consultation is free.

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Cell Tower Leasing Discussion.

Find out from Tower Genius how we help landlords and property owners in the USA and Canada maximize cell site lease values and get the best possible terms for:

  • Cell tower lease agreements
  • Tower lease extensions
  • Cell site upgrades
  • Small cell proposals
  • Lease amendments
  • Tower lease buyouts offers
  • Rooftop lease buyout offers
  • Rooftop cell site audits
  • Lease Agreement defaults
  • Cell tower valuations
  • Rent reduction solicitations
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • Sprint
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Rogers
  • Telus
  • Bell Mobility

Cell-Tower-Leases.com
Contact Tower Genius

Please note that all fields followed by an asterisk must be filled in.

Please enter the word that you see below.