Buying land with two established towers

by Gabe
(Lebanon, MO)

I want to buy 94 acres with two established towers that are within 1/4 mile of interstate 44 in Lebanon, MO. Population of the city is 14,000. The lost price on the property is $750K which is about $5,000 more per acre than the going rate for the area. I am trying to find out the lease details from my Realtor. In the meantime, if I were to buy it, would the lease be up for renegotiation or would I be held to terms of the original owners lease.

Comments for Buying land with two established towers

Average Rating starstarstarstarstar

Click here to add your own comments

Jul 01, 2015
Rating
starstarstarstarstar 		Price
by: Stephen

Gabe,

Typically cell tower lease purchase companies pay around 13X to 14X the annual rental revenue for a cell tower rental stream.

If you have two towers that pay about $1,000 per month each, then you could expect them to be worth anywhere from $300,000 to $350,000. Find out what the rent are to figure out if the land deal is a bargain or grossly overpriced, or somewhere in the middle.

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 Lease Rates.

Find out from Tower Genius how we help landlords and property owners in the USA  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
  • Lease Optimization Help
  • Lease Revenue Purchase
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • Sprint
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Vertical Bridge
  • Lendlease Towers, Md7
  • Tillman Infrastructure
  • Lyle Company, Black Dot
  • Everest Infrastructure

We Would Like To Hear From You.
 

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.

  



Protected by Copyscape