Lease available at county auction

There's a "Cell tower lease" available at a county auction near me. I know the building it's on, and the wireless company name, but that's all.

I'm thinking of this as an investment, but don't know where I should start looking for it's value and how to make sure it stays leased.

Suggestions?

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Jan 16, 2015
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by: Stu Bogdanoff

Make sure that the previous owner did not monetize the cell tower lease and sell it to a 3rd party financial firm that purchases leases. Or make sure that the tower company that manages the site did not sign a perpetual easement. You could potentially by some real estate with a nice tower and zero revenue.

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