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Tuesday, December 13, 2005

Looking South? Head for Boca Las Vegas High Rise Condos

I've been pitching the Juhl downtown Las Vegas high rise condo project for awhile now, and just recently have been accumulating information on a similar project, Boca Raton Las Vegas. What struck me immediately as a positive was the fact that construction was set to go vertical this month at their location on the south Las Vegas strip at Serene Avenue.

The entire $400 million dollar project when finished will consist of 756 luxury condo units in 4 seven story buildings with the usual arsenal of first class amenities that are generally associated with all the high rises in town at this point.

But what makes this a good play is the fact that the south strip area is experiencing tremendous growth with the South Coast casino scheduled to open on December 22nd, with Station Casinos planning a Green Valley Ranch rivaling resort in the area, and with a variety of timeshare companies continuing their nearby growth as well. And don't forget its proximity to the new Southern Highlands Casino at St. Rose and Las Vegas Boulevard set to break ground in Fall 2006.

Boca Raton also offers an attractive alternative to the higher priced central strip high rise condos in that their pricing structure makes it easier for the small investor to participate in high rise condo ownership in Las Vegas.

Lets repeat the mantra - strong developer... good track record... ground breaking and construction progress... realistic price points.

Boca looks to have it all. And best of all, they only require 10% down, with an extra 5% after 60 days (which is even waived if you go with their preferred lender). You can also rent out the unit if you want with limited restrictions, so if you pencil out the numbers, Boca will make for an excellent investment opportunity as well with prices starting at the low $400Ks at PHASE 2 PRICING!!! They have beautiful homes available for immediate purchase with no reservations, no lists, and no waiting. So don't you wait - if you ever considered a south strip investment, contact me to secure a unit in Boca Raton for yourself.

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