TowerCo took over Sprint Cell Tower
by Craven
(Texas)
Hi I had a friend that has a Sprint tower on his lot, but then Sprint went and sold the tower to a TowerCo. They offered to buyout the lease for $120,000. It's about less then half of what he'd make over 20 something years, but it's a large sum right now in a downed economy.
I thought it sounded like a good idea, since he was in need of money and so I said I might have done it, but in the end it would be his decision. Is he getting an average deal?