Looking at a piece of property that has a tower on it.

Looking at a piece of property that has a tower on it.

Mandeville, LA · Member since 2015 · 19 posts · 2 votes
I am looking at a piece of property that has a tower directly adjacent to our town fire department. The property is owned by bell south mobility and they have a tower and generator. That is all this property is. It is not an attractive idea, but then I started thinking that if the property is inexpensive could I possibly make $$ on the tower itself. It is currently managed by Crown Castle
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Rental Property Investor · Rockford, IL · Member since 2014 · 4k+ posts · 2k+ votes
9y

@Ryan Cartier,

Is the entire installation for sale or just the land under it?

If they no longer use the tower it could be quite the white elephant.

If they still use the tower but the land is for sale, make sure the lease income pays for the land and leaves a profit.

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  • Johnson City, TN · Member since 2014 · 586 posts · 705 votes
    9y

    Is Bell South offering it for sale?

  • Rental Property Investor · Rockford, IL · Member since 2014 · 4k+ posts · 2k+ votes
    9y

    @Ryan Cartier,

    Is the entire installation for sale or just the land under it?

    If they no longer use the tower it could be quite the white elephant.

    If they still use the tower but the land is for sale, make sure the lease income pays for the land and leaves a profit.

  • Mandeville, LA · Member since 2015 · 19 posts · 2 votes
    9y
    I am trying to find out some info right now on how the whole tower portion works out. Bell South owns the property and it is coming up for tax sale.
  • Investor · Phila, PA · Member since 2017 · 9 posts · 2 votes
    8y

    Hey Ryan, Did anything ever happen with this?

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