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

Tuesday, November 22, 2005

The MGM Residences Are Nearly SOLD OUT!

The much talked about "Residences at MGM Grand" here in the booming Las Vegas real estate market are approaching their close-out point! The Las Vegas condo project, which consists of three towers, has sold out the first two buildings and is 70% sold out of the units in tower three.

Dan Riordan, the director for sales at the MGM Grand, explained that, "We began sales for The Residences in January 2004 and, less than two years later, we have less than one-third remaining for sales in our third tower." He also reported that, "There has been an overwhelming demand for this low maintenance, turnkey lifestyle overlooking the Las Vegas Strip. We began construction on our third tower three months early because of brisk sales."

The Las Vegas high-rise development offers floor plans starting at 550 square feet and ranging beyond 1,000 square feet. Each tower has a total of 576 units, with pricing beginning in the $500's.

Crown molding, granite countertops, imported cabinetry, lock-out closets, and high-technology are all a part of why this Las Vegas high-rise has been such a success.

Residents will not only be able to enjoy their own private amenities, but they will also be invited to share the MGM Grand's pools, spa area, casino, shopping, and restaurants.

The facility will boast a 24-hour doorman, and 24-hour security, as well as fitness facilities and room service options.

Feel free to call us for up-to-date availability, floor plans and pricing, while there are still units available; or, in the meantime, visit our link to the Residences at MGM Grand to see a list of additional amenities, floor plans, and a rendering of one of the 3 towers.

Konnel Peterson
REMAX Associates
1-800-LVHOMES

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