MGM CityCenter is getting ready to close its hotel-condo units at V'Dara (hmmm!) and its residential units at VEER and Mandarin Oriental. This recent article in the Las Vegas Sun is well written and comprehensive.
V'Dara will be hard pressed to compete with the guard gated MGM Signature Residences just one block east as foreclosed condos are selling for over list price in many cases as buyers vie to gain a great fully furnished pad at a quarter of the asking price for a similar sized unit at V'Dara. The article above states that V'Dara may be sold to a boutique hotel chain as its buyers have the option to get financing in VEER. This makes sense to me.
VEER - on the other hand has little competition with its Las Vegas Blvd. address - except for SKY LAS VEGAS - the only other residential high rise condo located directly on the strip.
With price reductions - VEER condos could be a winner - the location is unique.
But the new condos at Panorama Tower III are the most stunning of all!!
And the expansive views are BREATHTAKING
TAKE THE TOUR OF PANORAMA III - Call June for Special Pricing 702 376-5220
CONTACT THE STARK TEAM for CITYCENTER info
CLICK HERE FOR LAS VEGAS CONDO AT MGM SIGNATURE
www.LasVegasForeclosureWorld.com
702 232-5376
702 376-5220
Wow, June!
These are spectacular.
Mike in Tucson
June - I have been working on MGM City Center and Cosmo for around 4 months now and I really don't think the prices are going to come down much.
The opening of City Center is a huge event and will change Las Vegas as we know it today! Great post and featured at .........
LAS VEGAS - NEVADA
VB ;o)
Your P3 Presentation is AMAZING! Keep me informed on prices slashes. I don't sell that type of real estate!
Are any buyers able to obtain financing on these properties (P III, V'Dara or Veer?) Are these cash only purchases? I am just curious because the off strip condo market has taken a financing hit.
Thanks Robert - for the Featured Post
Thanks Mike for you nice comments & Renee - I will keep you in the loop - Good Luck at your new company!
Your very welcome June!
VB ;o)