Cell Phone Tower Lease
The fair market value of cell phone tower lease ought to be evaluated and also, appraised. The problem here however is, your average real estate appraiser is often not an expert in tower lease procurement. There are many different factors that does affect the cell tower lease purchase and valuation and these are the location of the tower, seller’s credit worthiness, is the cell tower matched the requirements of buyer, how aggressive is the buyer’s tower portfolio, does the cell site enables extra carriers to pay rent and also, the wireless carries lease values.
But you’ll be surprised to learn that most wireless landlords are offered with a low cell phone tower lease buyout. A certain portion of the lease buying financial institutions blatantly is taking advantage of sending letters wireless landlords which then create doubt in their minds. Because of the innovating and constantly advancing cellular technology and wireless carriers who may collaborate in the future, it causes the cell tower lease to lose value in the process. They prey the fear of these landlords and get the cell tower lease in exchange for a very low price.
It just doesn’t make sense that you have to cash out of cell phone tower lease all because you are afraid that sooner or later, the tower will be obsolete. In case that the lease had no value, then why would they be asking you to sell it to them? Smartphones these days are growing day by day as many people are bandwidth hogs as well. This has actually forced various carriers to meet the higher capacity load which translates to more tower leases.
The best possible thing that could happen here is if a reputable and well known investment group has reached out to the landlord and give them an offer. Wireless capital investors seek to get specific tower leases to be able to expand their portfolio. Buyout deals from wireless financial service funds have a possibility to give you better deals in comparison to industry bottom feeders. It’s because these are the kinds of deals that are taking advantage of uninitiated landlords. While the buyout offers made by these companies are seem reasonable and fair, still you need to make sure that you have taken the time to review it to ensure that you are not being tricked.
A question that commonly asked by cell site landlords is what lies ahead of them for cell tower leasing? They’re weighing options of either taking chance if they can snag hefty monthly rent checks for their carriers or sell their lease for a lump sum. Regardless of what your decisions are, you have to ensure that it is thoroughly reviewed.