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Ownership Benefits

Can I Own A World Class Hotel?

Yes, you can!  Every luxury suite is actually a privately owned fee-simple condo—a condo within a Mobile Five-Star rated hotel.  How you use your condo is up to you.  Some owners are individuals who use them as live-in homes and some use them as a pied-à-terre.  Some owners are corporate entities that do business in Las Vegas or else want readily available luxury accommodations in the city that truly never sleeps.

Many owners chose to rent their units either on their own (using for-sale-by-owner tools) or else through the MGM Grand rental program.  MGM Grand is a proven hotel operator offering a professional, hassle-free program with no restrictions on personal usage.  What this means is that if you chose to enter the rental program you are still free to enjoy your hotel unit and all the services offered by the hotel as often as you please.

Whether you chose to keep your suite for your own personal use or chose to create revenue through renting, you will own a piece of Las Vegas and a world class hotel in the world’s most exciting city.

Benefits As A Second Home

  • Las Vegas – Anytime
  • Great for planned or moments-notice visits
  • Fully furnished and maintained
  • Simple, hassle-free, full-service living
  • No restrictions on personal usage
  • Low HOA fees
  • Low Nevada property taxes
  • Private owner’s closets available

Benefits As An Investment

  • Professionally managed; Hassle-free income
  • Monthly statements and revenue distributions
  • Planned & last-minute personal usage permitted
  • Works great for 1031 Exchanges
  • January 2007 Average Daily Rate of $257
  • LV has 36.7 million visitors annually
  • LV has highest occupancy in the world (91.8%)
  • LV has an average length of stay of 3.7 nights
  • LV hosts approx. 3,750 conventions annually

Benefits As A Corporate Investment

  • Best way to access to LV Convention Center
  • Guest lodging
  • Executive perks
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