Real Estate Agent · Las Vegas · Member since 2018 · 198 posts · 143 votes
Oakland As:
- The Oakland Athletics have signed an agreement to purchase a 49-acre site in Las Vegas to build a new ballpark, signaling a move away from Oakland after more than 50 years in the city.
- The A's hope to break ground on a new stadium with a seating capacity of 30,000 to 35,000 in 2024, and they aim to start playing there in 2027.
- The construction of a new stadium for the Oakland A's in Las Vegas is expected to cost approximately $1 billion, providing a significant injection of funds into the local construction industry.
- The relocation of the Oakland A's to Las Vegas will lead to the creation of various job opportunities in the region, both directly and indirectly, and boost the city's tourism industry, generating additional revenue for the city.
- While the relocation is expected to have a positive impact on the local economy, potential challenges may arise, such as increased strain on infrastructure and rising living costs for local residents.
I have been wanting a Las Vegas property for a while now, this just makes me want one even more.... Anyone have a good deal?
What are you looking for? We have an acquisitions team that is always hunting flips. If you wanted a good deal on something, I’m sure we can set up a deal through them for a property that doesn’t meet flip value, but would be a win for an experienced buyer.
I have been wanting a Las Vegas property for a while now, this just makes me want one even more.... Anyone have a good deal?
Kyle, you should look into a 4plex, as these types are very rare, maybe 72 available on MLS vs 4k SFR's. With 25% down, you can get about $700 positive net cashflow after all expenses including the mortgage.