Signature MGM Grand Residences were the first condo hotel project in Las Vegas Nevada. They were the hottest thing during the real estate boom while the lure of positive cash flow. You could enter your unit into the rental program MGM offered and make money while owing a piece of Las Vegas. Many of the original owners bought pre-construction during 2003-2005 and were hoping to flip their units and make hundreds of thousands of dollars. Unless you've been in a coma for last two years, you probably know that those ideas didn't quite work out so well. What we're seeing now in those three beautiful towers is a mass exodus.
- There are currently 137 properties on the market currently.
- 67 Of them are Short Sales or Pre-foreclosures
- 19 are foreclosures
- 51 are regular sales
Now most of the properties that are foreclosures and short sales are aggressively priced. The ODD numbered units are the ones facing the strip. Those units go very quickly and are in high demand. The units available are Studios which are 520 sq ft, and the one bedroom units are 874.
- All Units are fully furnished
- Granite Counter tops
- Jetted Tubs
- Flat screen Televisions
- Sub-zero Refrigerator(one bedroom units)
- Full stove
- Couches, paintings, and utensils
- Valet
- Concierge
- Pool and Fitness center access
These are just a few of the amenities included with your units. Prices have dropped considerably. There are units as low as $129,000!! Take a look at the available units below. If you'd like more information on any of these units, please contact me toll free at 1-866-589-1646 simply click on the listing.
