About Cell Phone Tower Lease
Fair market value of cell phone tower lease must be evaluated and appraised. What seems to be the problem here is that, your average real estate appraiser is typically not an expert when it comes to tower lease procurement. There are various factors that are affecting cell tower lease purchase as well as valuations and these are the cell tower leasing terms favorable for lease buyer, how aggressive is the buyer’s tower portfolio, wireless carries lease values, does the cell site enables extra carriers to pay rent, location of the tower, seller’s credit worthiness and also, if the cell tower has matched the buyer’s requirements.
But you’ll be surprised to learn that most wireless landlords are offered with a low cell phone tower lease buyout. Some portion of the lease buying financial institutions take advantage of sending letters and wireless landlords which causes doubts 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 are preying on the landlord’s fears and acquiring the cell tower lease at rock bottom price.
It doesn’t make sense that you cash out of the cell phone tower lease simply because of the fact that you’re afraid that your tower might soon be obsolete. In the event that your lease had got no value, then why would they want to buy it from you? 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 are seeking to obtain specific tower leases in order to expand their portfolios. The buyout deals from the wireless financial service funds have a tendency to provide better deals compared to industry bottom feeders. It’s because these are the kinds of deals that are taking advantage of uninitiated landlords. You on the other hand must be aware that even though these buyouts are proposed by big names in the industry, still you need to ensure that it is reviewed.
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. In the end, everything needs to be checked thoroughly.