Bob_Skurka
Super Member
- Joined
- Jul 1, 2003
- Messages
- 7,615
Ken Sweet is probably on target. I have a 260' lattice tower on the rear of my warehouse property. It occupies a 50' by 50' piece of land, the cell tower is owned and built by the tenents who rent the land from me, they also deal with the property taxes on that 50'x50'. My rental income on that little patch of land is in excess of $10,000 per year, and the lease scales up the rent every few years.
If I would have built the tower and leased transmission space at various heights on my tower, then the rent would have be CONSIDERABLY higher to an exponential magnitude. However, my investment would have gone from $0.00 on an unused piece of land up to something well into the 6-figures.
I wonder if the utility company owns the cellular tower, of if they own the property the tower is sitting on?
If I would have built the tower and leased transmission space at various heights on my tower, then the rent would have be CONSIDERABLY higher to an exponential magnitude. However, my investment would have gone from $0.00 on an unused piece of land up to something well into the 6-figures.
I wonder if the utility company owns the cellular tower, of if they own the property the tower is sitting on?