MGM Signature Condos in Las Vegas, Ranked #1 Luxury High Rise Condo Investment For Sale In Las Vegas by King of Condos Inc.
Increased Rental Income and Effortless Ownership Make MGM Signature the Top Investment for Las Vegas Condo Buyers
LAS VEGAS, March 12, 2014 /PRNewswire/ -- The MGM Signature has been ranked the top luxury high rise condo Investment in Las Vegas by King of Condos Inc. Out of 8 condo-hotels reviewed in Las Vegas, the MGM Signature offers the most favorable terms to condo-hotel owners and current prices are still discounted 60-70% off their original purchase prices. MGM has a premium location with a world-class pool, casino, dining, and nightclubs. With over 1800 residences in 3 towers, the rebounding Las Vegas market did not absorb the entire foreclosure inventory.
"We ranked MGM #1 because it is the best deal in Las Vegas. This is one of those buildings you can still get a huge discount. It's a buyers Market at the MGM Signature Condos," says Jason Trindade, CEO and Broker for KingofCondos.net in Las Vegas.
The condo-hotels that King of Condos reviewed included the MGM Signature, Vdara at City Center, Trump Towers, Palms Place, Platinum Resort, Jockey Club, and the Cosmopolitan.
"Most condo-hotel programs split the revenue 50/50 and MGM Signature gives owners a 60/40 split which means more income. The MGM rental program handles everything so you just get a check at the end of the month. It's effortless ownership," says Mike Bell, President of Sales for KingofCondos.net and former Sales Manager for both City Center and The Martin.
As of March 11, 2014, the multiple listing service had 76 residences for sale at the MGM Signature condos with a starting price of $154,888. We found 14 in escrow and 13 closed sales in 2014.
About MGM Signature Condo Re-Sales – www.mgmsignaturecondos.com
About King of Condos Inc. - http://lasvegas.kingofcondos.net
King of Condos Inc, is a Las Vegas real estate broker that operates KingofCondos.net and MGMSignatureCondos.com, leading online market places for luxury high-rise condos. The sales team is led by Broker Jason Trindade and President of Sales, Michael Bell, who has sold over $1B in real estate as the Sales Manager for the $11B City Center project, The Martin, and leading home builder, DR Horton.
Photo - http://photos.prnewswire.com/prnh/20140312/LA81689
SOURCE King of Condos Inc.
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