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Wednesday, October 31, 2007

Downtown Las Vegas VERGE Mid-Rise Condo Project Announces Groundbreaking

Yesterday, we wrote about how downtown Las Vegas real estate really represents your best option in Las Vegas right now for finding deals for that "buy low, sell high" investment strategy.

Today comes word that the downtown Las Vegas located VERGE project has officially announced their groundbreaking date set for December 12th, 2007. Groundbreaking is always good news since it gives a good indication that the project will be built and your investment into a condo there is for real.

In just over three months, VERGE has sold 75% of their development, with over $70 million in real estate sales. They've since developed more floor plans and more options to choose from, with units now ranging in price from $249,900 to over $1 million. On the low end, that's still an amazing pricepoint to get into in this market. The bad news is that there are only 70 left. As Micheal Corleone from the Godfather said: "this is an offer you can't refuse."

Want to go to the groundbreaking ceremony? Or maybe snag one of the remaining units at VERGE? Let me know and I'll put your name on the list.

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