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The First One Bedroom Trump Tower Las Vegas Hotel-Condo Foreclosure Listing has hit the Market! TRUMP LAS VEGAS CONDOS - Could this be a sign of more to come in 2010?

By
Real Estate Agent with THE STARK TEAM-Las Vegas Luxury Homes & Condos LIC.# B.S. 4333

What a way to start 2010!  The first one bedroom Las Vegas hotel-condo foreclosure listing ever in Trump Towers Las Vegas has come to market yesterday.  Located on the 21st floor and facing due south - with views up the Las Vegas Strip - this luxury high rise condo hotel is priced at $ 349,900.  CASH ONLY Please.

The seller paid $1,100,000. Talk about declining values.  The big question will be to see if Trump will price any of the remaining inventory at this level.  I expect this 900+ sq. ft. unit could receive multiple offers this week.

CLICK FOR INFO

View All Trump Las Vegas Condo Resales Here

 

STAY tuned for updates.

www.LasVegasForeclosureWorld.com

www.LasVegasCondoBargains.com

www.LasVegasLuxuryHomes.com

702 236-8364

Comments (7)

Donna Harris
Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com - Austin, TX
Realtor,Mediator,Ombudsman,Property Tax Arbitrator

WOW!!  THat's a steal!!  How in the world could something go down *that* much so quickly?

Jan 04, 2010 12:22 PM
Ron Brown NMLS #270845
NMLS ID: 40831 - Federal Way, WA

My bet is this will be the fist of many in the coming year.  Lots of ARM resets coming with property values underwater.

Jan 04, 2010 12:22 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

WOW!! is right - It is hard to imagine how something can go down by that much indeed. Fill us in on what happens with the price!

Jan 04, 2010 12:27 PM
Steve, Joel & Steve A. Chain
Chain Real Estate Investments & Mortgage, Steve & Joel Chain - Cottonwood, CA

Lauren, Price is always based on the fundamentals. As you say it will be interesting to see if this will be a trend in 2010/Trump Towers.

Steve

Jan 04, 2010 02:34 PM
Lauren Stark
THE STARK TEAM-Las Vegas Luxury Homes & Condos - Las Vegas, NV
Luxury Real Estate Agent - Las Vegas-Henderson NV

Thanks for your comments - TRUMP took the bull by the horns and lowered prices Monday!!

Jan 12, 2010 02:10 PM
Robert Vegas Bob Swetz
Las Vegas, NV

WOW! Sorry I missed this post Lauren and you have found yourself a feature at the group ...........

LAS VEGAS - NEVADA

VB ;o)

Jan 16, 2010 02:16 PM
Aaron Auxier - "Hollywood's Connection to Vegas"®
Realty ONE Group - Las Vegas, NV

I hope this is a trend that continues. This market has plenty of condotel inventory with just Palms Place, Trump Hotel, and Signature at MGM Grand. It is my personal opinion that our market would benefit from the cancelation of Vdara, Cosmo, and Fontainebleau.

Mar 16, 2010 05:09 PM