311 Otter Lake Road
Baxters Corner, New Brunswick E2S2N8

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 owners 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 towers 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 reach the SJ Airport area. This hands-off property provides an excellent opportunity for investors seeking a scalable asset in a rapidly growing industry. With its established infrastructure, reliable tenants, and minimal operational demands, this is a solid choice for those looking to capitalize on the wireless technology sector without intensive day-to-day involvement. (27906149)