$32 Million an acre!

November 9th, 2007 at 10:25 AM by Bill Zinsser, Las Vegas REALTOR

$32 million an acre

When in Las Vegas, you're pretty sure when you see "777" on a slot machine, you're in for a nice payoff. But in this case, Triple Five seems to be breaking the bank instead. It looks as if Nevada Triple FiveCorporation is ready to buy an 18 acre Las Vegas Boulevard site to include the 6-acre site of the former La Concha Motel for $32 million an acre. $32 million.

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