PURCHASE OF EASEMENT BY CROWN CASTLE

by Charles
(Chattanooga TN USA)

Have had cell tower on my property since 1982. Has 150x200 property lease by AT&T for 99 years recently negotiated by Crown Castle, they either purchased or are maintaining the tower and property, which they are not doing to good a job at. in 2010 was offered $246,000.00 to purchase 20 year easement by Crown Castle or monthly payments for 20 years . Understanding AT&T has a lease on property. Two weeks ago was contacted by Crown Castle with another offer of $780,000.00+ lump of $398,500.00 or a 20 year monthly payment guaranteed of $3,300.00 per month. Site has private road access, also they want us to pay taxes, which they now pay. I feel that I should negotiate for more since private property, with access and fiber optics. would like a opinion.

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Dec 26, 2014
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by: Anonymous

That's quite a jump from $246K to $780K. You should probably call these guys.

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