Las Vegas Real Estate News

General Las Vegas real estate news and market conditions in the Las Vegas Valley area and updates on REMAX Associates.

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Name: Konnel Peterson
Location: Las Vegas, Nevada, US

Saturday, April 23, 2005

Manhattan Condos Pre-Sell 80% Before Construction

Framing has just begun on the "Manhattan" condominium project on Las Vegas Boulevard South and Serene, with 80% of the 700 units pre-sold. Reasonably priced in the $200's with a high in the $400's, the Manhattan offers a good value. Averaging about $300 per square foot, this compares well to most other Las Vegas Condos, which are selling from $500 to $1,000 per square foot.

The first building will be completed in December 2005, with another completed each month thereafter until all nine are done. These nine buildings are all 4-stories with 44 to 108 units in each one.

Konnel Peterson
REMAX Associates

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