We had looked into purchasing an AM in Boston. The pirce was certainly fair at about 550 k but the monthly tower rent was more than I could handle . .. Approximately $ 20 k per month.. and that didn't include the studio .
I know AM towers occupy a large amount of land but 20 k per month was just too much . I would have to make amount $ 300 k per year just to cover rent .. that doesn't include all the other expenses.
Is this an anomaly or is this status quo cost for the Boston area?
I know AM towers occupy a large amount of land but 20 k per month was just too much . I would have to make amount $ 300 k per year just to cover rent .. that doesn't include all the other expenses.
Is this an anomaly or is this status quo cost for the Boston area?