Wednesday, March 7, 2018
135 E. Harmon Ave. 2407
Las Vegas NV 89109
Fully Furnished Strip View Studio in SIGNATURE Tower B with BALCONY!
Each day we receive numerous call from investors wanting to buy a property in las Vegas that is close to the Strip and the future Raiders Stadium Site. Because tourism is Las Vegas' #1 industry, there are very strict rules in place on which properties can be rented on a nightly basis. You can read more about that HERE.
Las Vegas Hotel-Condos do permit nightly rentals. Buying an MGM Signature Las Vegas Condo fits the bill for those who want to acquire a luxury high rise condo close to the Las Vegas Strip for personal use that can be placed in an on site rental program or on AIRBNB while not in use.
The photos above are from the actual unit # 2407 in Tower B ( the Center Tower). This tower has an on site Deli and is connected via the Studio Walk to the Mgm Grand Hotel & Casino. Purchases must be all cash only - and these Strip View studios that have balconies are a rare commodity in 2018 - with the Las Vegas high rise market's inventory at all time low levels.
Call June at 702 376 5220 for more info.
Tuesday, January 30, 2018
Buy them While you Can - Las Vegas Mid & South Strip Condos For Sale
The Raiders are Coming! Ever since the announcement of the new Raiders Stadium, center strip high rise condos, South Strip High & Mid Rise Condos have been selling and inventory has been shrinking. Many investors want to list their condos for rent on AIR BNB or VRBO.COM.
View a Variety of Stadium Area Condos for Sale ->
That said, the residential high rise condo towers have restrictions that prohibit nightly rentals, while hotel condos, such as the most popular Signature at MGM Grand & Palms Place do allow nightly rentals.
Because Las Vegas hotel condos do permit short term and nightly rentals that can be managed by the owner, placed the on site rental program, or via a 3rd party rental program, at this point in time, these are #1 in interest level for investors and second home buyers who want the capability of using their condo when they come into town and having it rented out when not in use.
There are no new high rise or mid rise condo projects being built on and near the Strip at this time. Nor any new ones planned.
Center Strip Las Vegas Hotel-Condos that can be Rented Nightly
- The Mandarin Oriental Residences
- VEER TOWERS
- Panorama Towers
- Park Towers
- THE MARTIN
- One Las Vegas
- Park Avenue
Click on any of the links above to see inventory in the various buildings.
Please give us a call at 702-376-5220 if you see a property of interest or would like more info.
We look forward to hearing from you!
Sunday, January 21, 2018
Las Vegas' Hottest Selling Strip Area High Rise Condos - Penthouse Combo Condos
135 E. Harmon Avenue # 3702 ( CORNER 1 BR) and 3704 ( STUDIO)
Every once in awhile, a high rise condo property comes to market that is a rare find. This condo pair is just that. Located on floor # 37 in a tower that is 38 stories - these penthouse units are simply amazing. ( At the MGM Signature, floors # 29 & up are considered penthouses as the ceilings are a foot higher).
The one bedroom corner condo features a balcony offering expansive views. There is a master bedroom with an owner's closet and a washer/dryer combo unit in another closet, King size bed, Queen sleeper in the living room and 1 3/4 baths.
Adjacent ( with no connecting door) is a fully furnished studio condo. These units share a common vestibule whose doors to the hallway can be locked for privacy. Totaling 1394 square feet, these units can be rented separately. They are currently in a 3rd party rental program, ( not one of the best by a long shot, in my opinion), but can be placed in the MGM On site rental program or another 3rd party rental program such as Jet Luxury Resorts, which offers a 75% split to the owner.
If you are looking for a property to AIR BNB - these would fit the bill. Take the Virtual Tour.
RARE 37th Floor PENTHOUSE COMBO UNITS: 1 BR Corner Condo + Studio Suite in SIGNATURE MGM TOWER B. Luxurious Master Baths, Floor To Ceiling Glass! 10' Ceilings! SEE IT ALL from the 37th Floor-Top Golf, Mountains, Pool & City Views! Enjoy all Signature MGM amenities & Owner Perks: fitness center, Starbucks, gorgeous pool, cafe, business center. Walk everywhere!
**Units can be sold together or separately ( $400k for the 1BR. $285k for Studio#3704).
Monday, January 15, 2018
Take Advantage of the New Tax Laws 20% Pass Thru Deduction for LLC's & Effortlessly Own A Dream Condo in the SKY!
Take the Virtual Tour
FABULOUS PANORAMIC LAS VEGAS STRIP VIEWS FROM THE 24TH FLOOR OF PALMS PLACE LUXURY HIGH RISE CONDO TOWER. FULLY FURNISHED: 2 TVS, KING BED, SOFA SLEEPER, MARBLE CLAD BATH, STAINLESS KITCHEN APPLIANCES, HARDWOOD FLOORING, FLOOR TO CEILING GLASS. TERRIFIC LOCATION MINUTES FORM THE FUTURE RAIDERS STADIUM, T-MOBILE ARENA, AND WORLD CLASS SHOPPING, DINING & ENTERTAINMENT. ON SITE OPTIONAL RENTAL PROGRAM OR MANAGE YOURSELF. NIGHTY RENTALS PERMITTED. OR AIR BNB IT. FLEXIBLE RENTAL OPTIONS!
Thursday, January 11, 2018
Las Vegas Condo Market Outlook - January 2018
Happy New Year to All!
We were hoping that the new year would roll right in. Rather than rolling, real estate wise, it is more like a gold rush to acquire properties.
Here is a link to a realtor.com article placing Las Vegas as the #1 market that will rule in 2018 - CLICK HERE.
Our market is brisk, with Las Vegas Strip area condos selling really well, prices and rents trending up, and inventory declining to some of the lowest levels we have seen in years. Center Strip, around the Harmon Corridor and South Strip have especially strong sales. North Strip Condos such as SKY LAS VEGAS and Allure are still depressed price wise and selling at about 1/2 the current build able replacement value. I expect that in years to come, these prices will appreciate significantly.
For those looking for uber-luxury -
The photo above was taken from a 10th floor unit at Panorama Towers.
Summerlin Condos are also quite low in inventory. With the opening of the new Downtown Summerlin Mall, it seems that well priced and located townhouse and condo inventory are also at all time lows.
If you are an investor, or one of the many buyers relocating from California ( there is a mini -exodus going on now), our team has the knowledge and skills to help you navigate the challenging market - There are still deals out there to be had, but buyers need to act quickly to avoid multiple offer situations.
Looking for a great Las Vegas Condo Deal - give us a call. As a 46 year Las Vegas resident and 2 native Las Vegans - we know our stuff and the Las Vegas real estate market as a whole.