- Joined
- Apr 30, 2002
- Messages
- 344
Hey everyone, So I'm looking at buying some property and it includes an "Income producing tower" which used to be licensed to a FM Broadcast station according to google. However I can not find any FCC licenses associated with it currently and I don't believe it is being used any more. It is still in great condition but my question is; Does anyone know how much "Income" a broadcast lease could bring in?
The property is listed at about $80,000 over any other related properties in the area and I just don't feel that a 80ft tower warrants that much of a price increase on the property. I would LOVE to have the tower along with the property but just can't justify paying that much for a tower I could probably put up myself for less than $10k. Would I be reasonable in asking a significantly reduced price on the property?
Thanks guys!
The property is listed at about $80,000 over any other related properties in the area and I just don't feel that a 80ft tower warrants that much of a price increase on the property. I would LOVE to have the tower along with the property but just can't justify paying that much for a tower I could probably put up myself for less than $10k. Would I be reasonable in asking a significantly reduced price on the property?
Thanks guys!