Investor Central

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Tuesday, December 1, 2015

Renewed Interest in Las Vegas as a Safe Place to Make an Investment

“There’s a renewed interest in Las Vegas as a safe place to make an investment,” Mr. Parks said.

"Similarly, high-rise condo sales have rebounded to the point that some “mothballed” projects are about to come to market, said Bob Hamrick, chief executive of Coldwell Banker Premier Realty in Las Vegas. That is partly because of the ability of bulk buyers to turn a profit by selling units at a steep discount to their original price, he added."

"Record tourism, a push for more international visitors and heady lodging fundamentals are emboldening investors and developers. A record 41.1 million visitors trekked to Las Vegas in 2014 — an increase of almost five million from the trough in 2009 — and tourists have set a pace to surpass that this year, according to the Las Vegas Convention and Visitors Authority."

As we head into 2016, there is strong momentum among investors in Las Vegas, especially in investments on the Las Vegas Strip. If you would like your chance to join the rest of the investors and own your piece of the strip, we are offering Veer Tower Condos starting in the high $300K range that are already leased or are available for leasing. The Cunningham Group will lease the property for free and provide two years of free property management. 

If you would like more information, please contact Kyle Cunningham. 

Shawn & Kyle Cunningham
Cunningham Group at RE/MAX Advantage

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