Downtown Las Vegas has had its share of ups and down's but despite our current economic times, down town is still one of my favorite places to visit in the city. There was once a hidden High Rise Jewel downtown but according to the most recent sales numbers this building is not so hidden any more. If you have not already guessed I am talking about the High Rise Newport Lofts. This building at one point had more then triple the inventory that is currently available for resale. Today I counted only 5 listings available on the MLS. Out of the 5 available listings 2 of them are short sales, one is bank owned and the other 2 believe it or not are non distressed listings. 52% of the lofts listed for sale in this building are selling within 30 days of being on the market. These Las Vegas high rise lofts are also selling slightly above list price which means they are most likely receiving multiple offers. In my opinion the reason that this building has seen a huge increase in interest this year is the price points that you are able to purchase a Las Vegas high rise loft for in this building. Another hot selling point is the amount of open space you get in this building. The open space in each loft provides a blank canvas for buyers to come in and use their imagination creating a truly custom loft in the heart of down town Las Vegas. Newport Lofts also feature a beautiful roof top pool and lounge area over looking the entire Las Vegas Valley. For more information on Newport Lofts or any other Las Vegas High Rise development contact Makea Turner (702) 542-1883 or send me an email to turnermakea@cox.net
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