Buying a cell tower

by Tim
(Pennsylvania)

I'm thinking of purchasing a parcel at tax sale which contains a cell tower. The parcel doesn't include any land, it's only the cell tower. Based on county tax records the wireless provider hasn't paid the taxes for the tower and it will be offer up starting at $1,700.00. I have done research on cell towers but can't find anything regarding actually owning a cell tower. Is there anyway to make money by buying this tower or is it going to be complete disaster?

Thanks

Tim

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Oct 04, 2017
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run title - you may have found a gold nugget
by: Stephen

See if there is a cell tower easement that was filed. You are trying to see if somebody bought the lease cash flow and the owner didn't pay the taxes on the parent parcel, or if the owner of the lower lease didn't pay the taxes. You might have a deal here. And yes there's money to be made in cell towers.

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