I get $484.00 per month for cell tower lease
Several years ago I bought property that has a cell tower. SBT owns the tower and they pay me $484.00 per month. We have a 5 year lease that has been renewed once or twice. They are actually leasing ten acres. The ten acres is a mixed tree plantation in rural western Arkansas. The tower is near highway 71 about 5 miles south of Waldron, AR in Scott County. I am tossing this info out to see if you think the rate is fair.
Thanks,
Nathan
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