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Updated over 2 years ago,
Cell Tower + Mobile Home and Land Purchase
Investment Info:
Buy & hold investment in Cell Tower, Land with Mobile.
Purchase price: $255,000
11 acre parcel with ATT cell tower, mobile home with well water, electricity, septic and 2 other structures. Zoned AG-2 allowing for farming or cattle/animal farm.
Purchased property for 255k. Tower value $240k. Net Real Estate Purchase 15k.
Rent for cell tower $1,000/m
Rent for Real Estate $2,000/m