Saturday, December 3, 2016

What's in Store for the Las Vegas Strip Growth-Wise in 2017?

Las Vegas Strip Real Estate Review

Read the News:




The photo above was taken from the North Side of THE MARTIN high rise from the 30th floor

What's in store for Las Vegas real estate on and near the strip?  The few residential high rise condo towers seem to be well poised for upside appreciation. Here's my take for what it's worth:

Allure, Sky, and The Martin are all the subject of Construction Defect Lawsuits-( not unusual in residential Las Vegas high rise real estate.) Prices are depressed as lending is tight under these circumstances. 

Prices on a per square foot basis are well below reproduction costs.

No new residential high rise condo towers are on the drawing board.

High rise rentals in CityCenter and Panorama Towers are in strong demand.

The Las Vegas Strip's landscape will change with the addition of the Lucky Dragon - a boutique hotel - intimate in style like the old days of Vegas  - back in the 1970's. This atmosphere plus great authentic Asian dining options, will surely drive traffic to the north end.  W is opening its SLS Tower & WYNN & Genting have big plans.  Guess who's smack dab in the epicenter of the new WYNN & ENCORE new PARADISE PARK location and Resorts World, and ALON?  Trump Tower!  

Here is what is for sale in TRUMP TOWER LAS VEGAS.




to see the epitome  of life at the top on & near the Las Vegas Strip!


Friday, October 28, 2016

Another Affordable South Las Vegas Strip Condo For Sale

Boca Raton 2 Bedroom Beauty  - 899 Sq. ft - $165,000

This is a steal of a deal! Close to McCarran Airport and UNLV!


Take the Virtual Tour



Boca Raton is a guard gated condo community located just a few miles south of the Mandalay Bay Hotel on Las Vegas' "South Strip".  The buildings are quality constructed of concrete and steel and are 9 stories high.  This unit is located at 2405 W. Serene Avenue # 823  ( 8th floor) in zip code 89123.

It features stainless appliances, tile floors in the kitchen and baths, and has beautiful arched windows as you can see in the photo above.

Views are north - so at night you can see the lights of the Strip in the distance.

Please check back soon for photos and a Virtual Tour-  the unit is being  freshly painted and new carpet is being installed.  Cash offers only...Priced to sell QUICKLY!

For a sneak peek while renovation is underway - Please call Travis Scholl, at 702 232 5376.

Once listed in the MLS - this unit will not last on the market.

Incredible Value for a Luxury Condo at a Bargain Price!










Thursday, September 22, 2016

Designer Condo Deal at THE MARTIN LAS VEGAS

JUST Reduced for a FAST SALE >>>>>

MARTIN # 1008 LAS VEGAS Luxury Condo

4471 Dean Martin Drive # 1008
Las Vegas NV 89103

2 BEDROOM PLUS DEN "C" PLAN

$439,000




This condo is 1437 Square Feet and located on the North Side of The Martin Las Vegas.  It has been completely customized with the talent of INSIDE STYLE DESIGN. No expense has been spared.  E-shades help regulate the light inside the condo - Views are of the amazing sunrises and of the surrounding mountain ranges and The Rio, the golden glass Trump Tower, The Bellagio and our beautiful ever changing desert skies.

Extra cabinetry has been added to the sleek and modern Carrera Marble Clad Baths.  The furniture is also available for purchase. The Martin is one of our favorite buildings offering a variety of amenities and services. This is a FABULOUS CONDO - STRIP ADJACENT  - located across from CITY CENTER.  HOA dues are about 55 cents pst/month. Taxes are $2837 pear year.  

This "C" plan rents especially well.  The 2 bedrooms are located on opposite sides of the unit, and there is a separate den.  Financing is available with 20 to 25% down for primary or secondary owners. Since the building is presently the subject of a Construction Defect Lawsuit, which is not uncommon in Las Vegas, financing sources are limited. SKY LAS VEGAS and ALLURE LAS VEGAS are currently in Defect Litigation as well.  

The Stark Team has been selling the Las Vegas SKYLINE and each and every high rise tower from the paper (pre-construction stage).  We know our towers, stacks, view corridors, building amenities and fees, rental rules and regulations, going rental rates for the various units, like the backs of our hands.  


Our Team of 3 has a combined experience of over 45 years!  










www.Las-Vegas-Penthouses.com
www.LasVegasCondoExperts.com
www.LasVegasLuxuryHomes.com
702 232-5376

Friday, September 16, 2016

Condos for Sale Near UNLV - Las Vegas Affordable Condos

Las Vegas Condos for Sale Close to UNLV

UNLV is on track to become an "ELITE" university.  Read the News:


For parents and investors looking for affordable easy care condo living close to UNLV, there are a variety of options.  As a long time ( 44 years and counting) Las Vegas valley resident one of our favorite zip codes for affordable and safe condo living would be in zip code 89123.

As UNLV evolves  - buying a condo in close proximity to the university makes sense as an alternative to dormitory living.  Have a look at the condos for sale by clicking on the link below, and CONTACT THE STARK TEAM for more info on any that meet your needs. 

Please keep track of the MLS numbers of the properties that are of interest.  
All UNLV area condo listings are current and updated daily.

BROWSE CONDOS FOR SALE IN LAS VEGAS 89123 Zip Code ->>> 

CLICK HERE

The photo below is of the pool area in Boca Raton on the South Strip ( 89123).  This complex is one of our favorites - guard gated - amenity rich - units are safe and secure and beautifully appointed.

Click on the photo below to view all Boca Raton Condos for Sale in the MLS.


702 376-5220

Saturday, September 10, 2016

Panorama Towers vs. The Martin - Pros & Cons of These Las Vegas Luxury High Rise Towers

Las Vegas Luxury Condominiums; Panorama Towers vs The Martin


The Stark Team has been selling Las Vegas Luxury High Rise condos from the pre-construction stage.  We have been involved in the buying & selling of luxury real estate for over 45 years combined, for our Team of 3. None of these years have been working for a developer or as in house agents.  We really have an extra edge on our competition, since we have sold each and every tower from the paper stage.  We know our floor plans, stacks, which units are in the most demand, view corridors, as well as the various advantages of each tower.

Before we get into the comparison between both luxury high rises , please have a look at the Virtual Tours of some of our stunning listings in both Panorama Towers and The Martin.


     Panorama Tower # 2 # 811 - $350k

    Panorama Tower #2 # 307 - $675k


THE MARTIN # 1008 - $447,500




THE MARTIN # 3004 - $ 405k FURNISHED




THE MARTIN 3304 - $399k


Now - For the Comparison of Panorama Towers vs THE MARTIN

HISTORY:

Both towers were developed by Sasson Hallier.  There were plans for a fourth tower that was supposed to be built to the south of Panorama Tower 2.  This never happened. Tower 2 sits to the south of Tower 1 and The Martin is located to the north of Panorama Tower 1.  Originally, during the pre-construction sale, THE MARTIN was called Panorama Tower North.  Pan 1 & 2 were completed and sold out, while Panorama Tower North was caught in the crash. As prices dropped in Pan 1 & 2, pre construction buyers of Panorama Tower North were hesitant to close escrow at prices that were at the top of the market.  Buyers found that they could purchase a resale in Pan 1 & Pan 2 for lower prices per square foot than what they were paying in the North Tower, so they walked from their deposits en mass, and Sasson Hallier found that they had so few closings, that they could not pay off their contruction financing with ISTAR FINANCIAL.  ISTAR foreclosed upon the developer and took possession of all remaining units - rebranded the Tower as THE MARTIN in order to distinguish itself from Pan 1 & 2 and poured a couple million dollars into common area improvements - designed by Kelly Woerstler. This plan proved to be a success - and The Martin sold out rather quickly.

DESIGN DIFFERENCES:

Panorama Towers is Guard Gated.  The Martin is not.

Panorama Towers sits parallel in design to the I-15 freeway while The martin sits perpendicular in relation to I-15.  The reason?  When selling Panorama Towers from paper the challenge was to sell the west facing ( back of the tower) units - 90% of the buyers wanted a Strip View.  High rise buyers are all about views. That said, some of the lower floor pool view units are quite special, and amongst the most quiet in the towers.  There are also Townhouse surrounding the pool and a few rare loft style units over the commercial space.

Every unit at The Martin has a view of the Strip.

Balconies:  Most units at Panorama Towers have balconies - only the corner units at THE MARTIN have balconies - while the others have sliders that open with Juliette type railings.

The Glass:  Freeway noise from the Strip side of Panorama Towers is apparent when inside the units, while the mountainside ( west facing) units are much quieter.  Because of this, in THE MARTIN, the developers decided to use a much thicker heavier glass during construction, so that interior Freeway noise on all units in very minimal.

FINISHES:  The cabinetry in Panorama Towers & The Martin is different - with The Martin being a bit more sleek and modern. The Martin counters & floors in the kitchen are KASHMIR granite and at Panorama they are Black Granite Counters and a Travertine Type Flooring. The Martin baths are white Carrera Marble Clad and Panorama has Travertine.

The Lobbies:

Panorama has a spacious, glamorous lobby with coffee bar- The Martin has a smaller lobby, but also has a library lounge ( with coffee bar) , and outdoor patio lounge with fire pit  - and an upper lobby, and lower rest areas.

PHOTO BELOW WAS TAKEN  FROM THE TERRACE OF  PANORAMA TOWERS # 811



AMENITIES:

Both towers have fabulous amenities and top notch staff.  The gyms are outfitted with the latest equipment, with have access to the Harmon Overpass - which takes you right into CITYCENTER.



Both have cars and drivers - however,  The Martin's driver is only available Thursday through Saturday.  HOA dues at The Martin are lower on a price psf basis than at Panorama Towers.  Both have floor access control.

RENTAL RESTRICTIONS:

Both towers permit 6 month minimum rentals.  All these rentals are highly sought after. THE MARTIN requires that any tenant deposit 1 month rent as a security deposit for the common areas. Therefore, the move in amount required at THE MARTIN is a bit higher. All leases are subject to HOA approval.

For more info and the rest of the inside scoop  on these luxury high rise condo towers, CONTACT THE STARK TEAM, Las Vegas' Leading Strip area Condo Experts.

PHOTO BELOW IS OF AN 8th FLOOR CONDO KITCHEN  IN PANORAMA TOWERS


PANORAMA TOWERS LOBBY PHOTO BELOW


PHOTO BELOW IS THE KITCHEN OF A 30th FLOOR MARTIN CONDO


MARTIN SECONDARY BATH FINISHES BELOW


ACTUAL VIEWS FROM THE 10th FLOOR UNIT OF PANORAMA TOWER # 2






702-232-5376         702 236-8364







Saturday, August 27, 2016

Tour The Perfect Vegas Pied-a-Terre at VEER TOWERS in CityCenter

Veer Towers Luxury High Rise Condo for Sale

3722 Las Vegas Boulevard South # 3209, CityCenter, Las Vegas 89158

724 Sq. Ft.  1 Bedroom  CORNER UNIT with Amazing South East Views

$525k  Offered Designer Furnished


Imagine the Lifestyle! Live High Atop Veer Towers in the Heart of CityCenter!

Affordable Luxury!  Effortless Ownership!  


STUNNING DESIGNER FURNISHED VEER TOWERS EAST CORNER 1 BEDROOM ON THE 32ND FLOOR. AMAZING SOUTH STRIP VIEWS! STAINLESS APPLIANCES, FLAT SCREEN TV, EXQUISITE FINISHES, TURN KEY READY. WALK TO THE T-MOBILE ARENA, THE PARK, CRYSTALS SHOPPING CENTER, ARIA HOTEL, ART GALLERY ROW, & WORLD CLASS DINING AND ENTERTAINMENT. ENJOY FABULOUS TOWER AMENITIES: ROOFTOP POOL/BARBECUE/SPA/GYM/BUSINESS CENTER/OWNERS LOUNGE/CONCIERGE/VALET.


To Learn More About Veer Towers & To See All MLS Listings for Veer East & Veer West for Sale



See All CityCenter Condos for Sale








702 236 8364

Las Vegas North Strip News Flash---->Lucky Dragon Hotel Casino Set to Open this Year

The Lucky Dragon Hotel is set to open this year.  Located adjacent to  & just west of ALLURE LAS VEGAS High Rise Condos on West Sahara Avenue, this new project is sure to breathe some much needed traffic to the North end of the strip.


Read The Lucky Dragon News and See a Slide show of the Project:


SLS has been a disappointment as far as rejuvenating the Strip's north end.  However, my gut feeling is that this hotel-casino will have that Old Vegas feel, and be much more intimate than the mega resorts, and The Lucky Dragon will be a winner. Live seafood, cooked fresh, Asian style, will bring tons of locals who typically drive to Chinatown for this type of fair.  And if The Lucky Dragon has table games at affordable minimums - it might be like the old Thunderbird Hotel on that end of the strip.  For those of you who remember, the T-Bird, was the place to be back in the day - tables were packed - food was great - and it was popular with tourists and locals alike. Most times, you had to wait for an opening at the Craps or Black Jack tables and crowds around a good game were  4 to 5 deep.  The formula was simple - good food - friendly dealers, great lounge acts ( which seem to be a thing of the past).

Steve Wynn's Golden Nugget ( circa 1973)  had that same type of appeal and same business model.  If the Lucky Dragon can capture that Old Vegas intimate appeal & vibe, it will be the winner and just what the North Strip needs.

Allure Las Vegas condos are undergoing a Construction Defect Lawsuit that limits lending options.  Nevada State Bank can still finance there with 25% down and Cash is King.  Condo prices are somewhat depressed at Allure and the asking price per square foot is below current duplication costs. 

Please have a look at what is for sale at ALLURE LAS VEGAS & give us a call.  These units are sure to make awesome rentals and great vacation properties.


Visit:


For all your Las Vegas high rise condo needs

702 376-5220