Mandarin Oriental Las Vegas Condos
2012 Las Vegas Condo Market Report | MyLvCondoSales.com
2012 Las Vegas High-Rise Condo Market Report | MyLvCondoSales.com
The Las Vegas high-rise condo market continues to see significant improvements for the second year in a row. If we compare yearly average sale prices in 2010 ($231,100), 2011 ($270,721) and 2012 ($313,048) we see in increase of avg sale price by 27%.
Our team at Award Realty continues to be the #1 office in regards to sales and leasing in the high-rise segment and hold the records for the highest resale price/sf at Vdara and Veer. In addition, my team also holds the record for highest leasing price/sf in the city for 2012. (Mandarin 2bd at $6500/month).
Here is a brief summary of significant events:
CityCenter Residential sold the remaining residences at Veer towers which totaled 427 condos for roughly $120 million. The new investment group plans on putting 100 of these residences back on the resale market at reduced prices and many are tenant occupied and can provide immediate cash flow. For more information on Veer, please email us.
ST Residential, owners of Juhl, Ogden, Loft 5 and One Las Vegas will be putting these (entire) buildings up for sale in the next 30 days so I anticipate the new ownership groups will start adding inventory to the resale market. Currently, ST has only offered leasing at these buildings but we think there is significant sale demand especially at Juhl and Ogden which are located Downtown.
Turnberry Place continues to see significant challenges due to the Stirling Club being closed and the Fountainblue casino project next door being stalled. The price/sf at Turnberry Place is attractive and there could be upside potential at this project if Stirling opens or if any of the north strip casino projects get completed.
Trump Tower sold 300 residences to the Hilton chain and is outperforming the other condo hotels from a price/sf basis.
The Martin sold 89 residences in 2012 which was the highest of any condo project other than MGM Signature. The Martin continues to be a popular property due to its low homeowner’s association dues, high rental demand, and its close proximity to CityCenter.
Panorama Towers resolved its construction defect litigation and put a significant amount of cash back into the property by improving the valet and common areas. The resolution of litigation should open the building back up for financing so I anticipate Panorama will have a good year in 2013.
Las Vegas Condo Stats
Number of Properties Sold – 708
Avg Sale Price – $305,174
Avg Sale Price/SqFt- $261
Avg Days on Market – 83
Current Inventory on MLS – 361
We have a breakdown of specific buildings including average rental rates on our new investment page, please visit:
http://www.mylvcondosales.com/investments/
Allure Las Vegas
Number of Properties Sold – 53
Avg Sale Price – $206,524
Avg Sale Price/SqFt- $175
Avg Days on Market – 74
Current Inventory on MLS – 20
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/allure-las-vegas/
Mandarin Oriental
Number of Properties Sold – 4
Avg Sale Price – $1,837,250
Avg Sale Price/SqFt- – $815
Avg Days on Market – 130
Current Inventory on MLS – 18
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/mandarin-las-vegas/
MGM Signature
Number of Properties Sold – 161
Avg Sale Price – $193,552
Avg Sale Price/SqFt- – $295
Avg Days on Market – 106
Current Inventory on MLS – 18
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/mgm-signature-las-vegas/
Newport Lofts
Number of Properties Sold – 7
Avg Sale Price – $143,914
Avg Sale Price/SqFt- $101
Avg Days on Market – 101
Current Inventory on MLS – 7
For current inventory, please visit:
http://www.mylvcondosales.com/downtown-vegas-condos/newport-lofts-las-vegas/
Palms Place
Number of Properties Sold – 52
Avg Sale Price – $181,859
Avg Sale Price/SqFt- $253
Avg Days on Market – 112
Current Inventory on MLS – 18
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/palms-place-las-vegas/
Panorama Towers
Number of Properties Sold – 53
Avg Sale Price – $269,833
Avg Sale Price/SqFt- $194
Avg Days on Market – 73
Current Inventory on MLS – 29
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/panorama-towers-las-vegas/
The Martin
Number of Properties Sold – 89
Avg Sale Price – $348,470
Avg Sale Price/SqFt- $282
Avg Days on Market – 19
Current Inventory on MLS – 24
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/martin-condos/
One Queensridge Place
Number of Properties Sold – 13
Avg Sale Price – $1,119,307
Avg Sale Price/SqFt- $330
Avg Days on Market – 219
Current Inventory on MLS -18
For current inventory, please visit:
http://www.mylvcondosales.com/summerlin-condos/one-queensridge-place/
Sky Las Vegas
Number of Properties Sold- 57
Avg Sale Price – $216,460
Avg Sale Price/SqFt- $181
Avg Days on Market – 80
Current Inventory on MLS – 18
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/sky-las-vegas-condos/
Turnberry Place
Number of Properties Sold – 53
Avg Sale Price – $424,542
Avg Sale Price/SqFt- $184
Avg Days on Market – 114
Current Inventory on MLS – 25
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/turnberry-place-las-vegas/
Turnberry Towers
Number of Properties Sold – 34
Avg Sale Price – $332,141
Avg Sale Price/SqFt- $262
Avg Days on Market – 66
Current Inventory on MLS -19
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/turnberry-towers-las-vegas/
Trump Towers
Number of Properties Sold – 65
Avg Sale Price – $267,276
Avg Sale Price/SqFt- $409
Avg Days on Market – 71
Current Inventory on MLS- 27
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/trump-towers-las-vegas/
Veer CityCenter
Number of Properties Sold- 4
Avg Sale Price- $392,750
Avg Sale Price/SqFt- $447
Avg Days on Market- 33
Current Inventory on MLS- 15
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/veer-citycenter-las-vegas/
Anthony Phillips
702-482-8885
Anthony@mylvcondosales.com
Data provided by the MLS and is deemed reliable but not guaranteed.
Cosmopolitan Las Vegas Condos For Sale | MyLvCondos.com
Enjoy the panoramic views of the Las Vegas Strip from your Cosmopolitan Las Vegas Condo
This residence features glass doors that open to an expansive wraparound private terrace. With panoramic views of the Vegas skyline, this condo boasts a sleek, modern kitchen featuring Sub-Zero refrigerator, microwave and stove.
Cosmo condo amenities include:
- King-size bed
- 1200 sq. ft., 1 bedroom
- Panoramic views of the Vegas skyline
- 3 majestic sliding glass doors leading to a 480 sq. ft. private terrace
- Separate dining area
- Sub-Zero wine cooler
For more information please visit http://www.mylvcondosales.com/cosmopolitan-condos/
Bellagio fountain view from the balcony of a Cosmopolitan Condo .
The Residences at Mandarin Oriental Las Vegas Condo Sales
The Residences at Mandarin Oriental Las Vegas
The Residences at Mandarin Oriental, Las Vegas serve as the premier Las Vegas Boulevard address and is part of CityCenter’s 67-acre, $8.6 billion urban resort destination developed by MGM Resorts. The architectural vision that is CityCenter encompasses phenomenal dining, shopping, nightlife, and an innovative public art program.
Mandarin Oriental Residential Services & Amenities Include:
- Approximately 225 luxury residences
- Private residential entrance and lobby
- Owners’ lounging area within lobby
- Secured, private residential elevators
- Executive board-room
- Owners’ recreation quarters
- Green building: LEED Gold certification
- Private mail area
- Owners’ bike storage area
- Mandarin Oriental valet parking services
- Mandarin Oriental doormen services
- Mandarin Oriental concierge services
- On-site management
- 24-hour security services
Mandarin Oriental Hotel Services & Amenities Available to Residential Owners Include:
- Approximately 400 guestrooms and suites
- Panoramic check-in lounge (sky lobby)
- Elevated pool and cabana retreat
- State-of-the-art conference facilities and business center
- Fitness facility and yoga studio
- Destination dining and retail
- The Spa at Mandarin Oriental, Las Vegas
- One-of-a-kind Tea Lounge and Mandarin Bar
- Mandarin Oriental laundry and dry cleaning services
- Mandarin Oriental in-room dining
- Mandarin Oriental private catering
- Mandarin Oriental housekeeping services
The Residences at Mandarin Oriental Las Vegas is located at 3750 Las Vegas Boulevard South, Las Vegas, NV.
For current residences for available for sale, please visit http://www.mylvcondosales.com/mandarin-las-vegas/
Mandarin Residences Vegas
Mandarin Residences Vegas
Mandarin Residences Vegas
Mandarin Residences Vegas
Mandarin Residences Vegas
Mandarin Residences Vegas
Mandarin Residences Vegas
Mandarin Residences Vegas
Mandarin Residences Vegas
Mandarin Residences Vegas
Residences at Mandarin Oriental Las Vegas | MyLvCondos.com
Residences at Mandarin Oriental Las Vegas
The Mandarin Oriental Las Vegas 5 star luxury hotel/residences at Citycenter sets new standards in service, spa and dining in the heart of the famed “Las Vegs Strip”.
For more information, please visit http://www.mylvcondosales.com/mandarin-las-vegas/
www.mylvcondosales.com announces the arrival of resale condos at CityCenter Las Vegas
Luxury Real Estate Partners and www.mylvcondosales.com announces the arrival of resale condos at CityCenter Las Vegas
CityCenter Las Vegas comprises of the Aria Hotel and Casino, the Mandarin Oriental Las Vegas, Veer Towers and Vdara Condo Hotel and Spa. www.mylvcondosales.com will be offering resale condos in the following towers:
Veer Towers at City Center offers unobstructed views of the Las Vegas Strip with interior features of stainless steel appliances, European style cabinets and stone flooring. Veer Towers amenities include a 37th floor rooftop pool, residents lounge and gym. Residences at Veer range from 530 for the studio to over 2700sf for the 36thfloor Penthouse.
The Residences at Mandarin Oriental Las Vegas Condos mix the prestige of an internationally renowned hotel, unparalleled amenities and striking architectural design with a world-class, five-star hotel and residential experience. Mandarin Oriental condo residents are treated as permanent guests of The Mandarin Oriental Las Vegas and enjoy privileged access to the exceptional services provided by the hotel. This includes access to gourmet cuisine via 24-hour room service, an array of concierge, doorman, housekeeping and valet services, as well as a wide range of dining, entertainment and well-being facilities. Residences at Mandarin range from 1062sf for the one bedroom to over 3900sf for the Penthouse.
Vdara Condos at City Center combines open floor plans, contemporary interiors spaces including kitchens with the latest technology, all in a sophisticated atmosphere. Expansive windows offer stunning views of the Las Vegas Strip and the surrounding mountains. Vdara Condo-Hotel gives buyers the option of gaining revenue by placing the residence in the hotel program when it isn’t occupied by the owner. Residences at Vdara range from 582 for the deluxe suite to over 1640 for the 2 bedroom, 2 story residence.
“The team behind www.mylvcondosales.com is pleased to be one of the first firms to list resale condos at CityCenter Las Vegas” said Anthony Phillips, SVP of Luxury Real Estate Partners.
For listings, galleries, and video tours of Veer, Vdara, and Mandarin, visit the #1 ranked Las Vegas High Rise Condo site at www.mylvcondosales.com
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Allure Las Vegas Condos
Allure Las Vegas is a stunning 41-story luxury condo tower with studio, one, two and three bedroom condos located at the Las Vegas Strip. Residents enjoy striking views of the Las Vegas Strip and surrounding mountains, superb amenities and exceptional finishes. Priced from the high $100,000s with leases starting in the low $1,000s, Allure Las Vegas offers luxury condos at an affordable price and is arguably the best value in Las Vegas Strip living.
To view Allure Las Vegas condos for sale and lease visit http://www.mylvcondosales.com/
Manhattan Las Vegas Condos
Manhattan Las Vegas, a large South Strip guard gated condo community offers 1, 2 , 3 bedroom and loft floor plans. In addition, Manhattan Las Vegas Condos offer multiple swimming pools, a clubhouse featuring a two story gym, recreation areas, and large outdoor open spaces with grass that differentiate this community with other similar developments in the area.
Manhattan LV is located on Las Vegas Blvd near the corner of Siverado Ranch Blvd and offers quick access to Green Valley/Henderson and the Las Vegas Strip.
For more information on Manhattan condos for sale or lease, please visit http://www.mylvcondosales.com
Las Vegas Condos For Sale 
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