Condo Repos Close to the LAS VEGAS STRIP
Manhattan Las Vegas South Strip Condos has some great priced bank repos in the $250k and less range. Given that this complex is located just a few miles south of Mandalay Bay, and that the $200k-$250k price will get a 2 bedroom unit, these properties may begin to make sense to the investors who have been waiting in the wings for a good deal.
CLICK HERE TO VIEW ALL MANHATTAN SOUTH STRIP CONDO RESALES
The timing may be right as CITYCENTER by MGM gets ready to begin hiring employees for ARIA - its 4000 room centerpiece hotel, WYNN begins to hire for Encore, and the Fontainebleau across from SKY is slated to be opened in 2009 as well. Exciting times for Vegas. More Jobs! More shopping! More to see and do in the city that reinvents itself nearly every decade!
Given the rising prices of gasoline and the traffic on our freeways ( yes, we still have about 5000+ people moving here each month), the south strip location is amazingly convenient. Further south along Las Vegas Boulevard. Tony Marnell, is building the M Resort. This boutique Resort Hotel will be a great place for locals and tourists and will create even more jobs.
Having been a Vegas resident since 1972, I envision the south strip corridor as some of the best real estate for upside appreciation potential. There still is quite a bit of dirt - expensive dirt - poised for future growth. The south strip could be the new UPTOWN, (you can tell I am an ex-New-Yorker).
Food for thought and a bit of optimism in these troubling economic times. The developer of Manhattan is now pre-selling his southwest MANHATTAN-WEST Community and has started an interesting blog - FROTHING DEVELOPER - that makes for a good read and also helps to present a gleam of sunshine for the Las Vegas real estate market in the midst of the press bashing we receive daily.
Pricing on the south strip Manhattan condo project is quite a bit less than its sister project and closer into the strip, due to lower land acqisition and construction costs. If you are looking for a really nice, almost new, 2 bedroom bank owned repo condo close to the strip, CONTACT THE STARK TEAM and ask for our MANHATTAN repo list.
702 376-5220
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