"cell phone tower" leases... wow! 

Etheric Warrior

Joined: 13 Aug 2004
Posts: 71
Location: Nelson County, VA

Posted: Tue Mar 15, 2005 4:09 pm    Post subject: "cell phone tower" leases... wow!
I buy a local add paper from time to time just because I have occassionally ran across some good deals on the china I collect. Anyway, I bought one last week. It is called The Bucksaver (www.thebucksaver.com - which is a pay site) and on page 14 of the newspaper edition.

I was glancing thru the real estate section of it and found something I thought I would pass along... these "cell phone" towers owners shuck out some bucks on leasing land... here is the add (wish I could post a link - but I am not ordering the paper for online viewing)


Great investment/development opportunity. Live in a wonderful area of Western Albemarle County & earn a great monthly income! Secluded 7.3 acre wooded parcel w/lovely cleared level building site in close proximity to the recently constructed Old Trail Golf Course in Crozet. Within 1 miles of Western Albemarle Schools, this property has county drain field approval, underground electrical & phone service & a gravel driveway installed. Parcel also includes 125' x 125' leased area containing 2 monopole cellular communications towers. Leases (2 25-year leases which may be renewed 3 times) w/2 national cellular companies provide very comfortable monthly income. (25 year lease payout it $343,861 while 75 year lease payout is $2,426,597). $525,000 obo 340-xxx-xxxx.


I about went thru the floor! I copied this add word for word. (except the phone #)....