Wholesaler with Self-Storage seems to have a cell tower on it

[Michael Zagorsky]

I had a wholesaler I have not heard from before send me a deal, not much in the way of details, for a shutdown self-storage unit in a rural southern area.  Looks like it needs a lot of work to get it up and running so I'm thinking it's a pass for me.  But then, I was looking at the google maps photos and it appears there is a large cell tower within the property lines.  I was wondering how these lease agreements are usually structured as to how I can pencil it into the math I'm running on looking at the buildings.   

[Frank Hinck]

@Michael Zagorsky

If he’s actually been assigned the deal he would have some info on that or could get from Ownership. The cell tower company likely has a legal easement on the property which is something you’ll have to continue to allow. Undervalued self storage can be a great value add project, maybe go in the deal with an experienced self storage operator & improver.