Newport Lofts foreclosure inventory is quite thin as of this writing because over the past year, investors have been gobbling up these loft-style condos for cash. These sleek and modern condos in the Downtown Las Vegas Arts District make good rentals. If you are thinking of buying a loft for your own use or for rental purposes, please bookmark the links below to keep an eye on the inventory. The STARK TEAM's MLS feeds are updated daily.
Prices have come down from the $400k-$700k range to under $200k. Since there is no financing for these units, the lofts have moved in strong hands as all purchases over the past year have been cash. Sales velocity at Newport Lofts has been fast paced, and velocity is not something the press focuses on.
THE STARK TEAM knows the stacks, view corridors, price points, floorplans and floorplates in this tower.