Are cell towers a plus for real estate sales?

**andrewgkellerman@att.net** · 08-05-2011, 08:03 AM

My opinion is, "if real estate gives you a lemon, make lemonade". Let me explain before you get all antsy because you are having problems selling one of your listing that has an ugly cell tower glaring at any buyer you bring to preview the property.

My solutions:
1. get the property owner to sell the cell tower. True this doesn't get rid of the site, but since cell sites can sell for as high as 140 times the monthly rent, you can turn the cell site into a bunch of dough and lower the price of the property.
or
2. find a buyer and get them excited about the property and the fact that it has a cell site that if sold during the course of the escrow he/she may be able to get all or more of their down payment back.

**stevesimpson** · 10-11-2011, 11:24 AM

yes. I think, this is a good platform.

**andrewgkellerman@att.net** · 10-11-2011, 11:34 AM

Cell sites, whether towers, poles, or rooftop are not pretty, but they are worth a great deal of money. This is funny, because banks won't lend on them because of their termination rights. Used correctly, a property with a cell site lease can lower the purchase price significantly. A concurrent close may even take care of a significant down payment. Talk to your Realtor.