View photo
House
·
for sale
$ 195,000
311 Otter Lake Rd, Baxters Corner, NB, E2S 2N8 commercial fo.
Kingston, Kings
· House
Kingston, Kings · House
This 4.92-acre property offers a lucrative and low-maintenance investment opportunity in the wireless technology sector. This fully operational high-tech communications and cell tower includes the associated building and infrastructure required to support its operations. The property currently generates steady income through leases with two reliable tenants. Each tenant owns and maintains their equipment on the tower, including their own power back-up systems, ensuring minimal management responsibilities for the owner. Revenue is consistent, with low utility and insurance costs. The owner’s primary responsibility is ensuring the power remains operational to the lights on the tower and notifying the Saint John Airport in the rare event of a power outage that may affect the tower’s safety light. Noting the intended development of the over 400 acres around the Saint John Airport for commercial and industrial purposes, this will present ample opportunity for growth on the tower as it does
This 4.92-acre property offers a lucrative and low-maintenance investment opportunity in the wireless technology sector. This fully operational high-tech communications and cell tower includes the associated building and infrastructure required to support its operations. The property currently generates steady income through leases with two reliable tenants. Each tenant owns and maintains their equipment on the tower, including their own power back-up systems, ensuring minimal management responsibilities for the owner. Revenue is consistent, with low utility and insurance costs. The owner’s primary responsibility is ensuring the power remains operational to the lights on the tower and notifying the Saint John Airport in the rare event of a power outage that may affect the tower’s safety light. Noting the intended development of the over 400 acres around the Saint John Airport for commercial and industrial purposes, this will present ample opportunity for growth on the tower as it does
$ 195,000