MGM Signature Las Vegas Condos Third Quarter Market Report for 2012

MGM Signature  sold 38residences in the 3^rd quarter of 2012 with an average sale price of $195,777 and days on market of 73, and there are currently 60 condos on the market with $131,000 being the lowest priced condo currently available.

MGMSignature condo rentals averaged $1,551 per month with an average of 60 days to find a tenant.

For Las Vegas Condo Investment data, please visit:http://www.mylvcondosales.com/investments/

Anthony Phillips

www.mylvcondosales.com

www.facebook.com/LasVegasCondos

 

SIGNATURE at MGM GRAND LAS VEGAS

Within the three, stunning gold and white 40-story towers of the Signature at MGM Grand Las Vegas, condo owners have an elegant and private retreat just steps away from the Las Vegas Strip, along with privileged access to all the shows, nightlife, dining and entertainment of the MGM Grand.

Signature at MGM Grand is a partnership with Turnberry Associates, the builder that revolutionized high-rise condo living in Las Vegas with Turnberry Place and Turnberry Towers.

Signature MGM Grand’s high-end heritage is beautifully reflected in its Signature MGM condos for sale that offer plush furnishings, luxurious carpeting, stone flooring, exotic baths, granite countertops, flat screen TVs, and many more exceptional features.

Three condo floorplans are available at Signature MGM Grand. Signature Studio Suites offer 600 square feet of space with balconies in select units, Jacuzzi tubs, cozy kitchenettes, and a dry bar. One-Bedroom Signature Suites measure almost a 1,000 square feet and offer spacious balconies and 1-3/4 baths, walk-in travertine showers, and a washer and dryer. Two-Bedroom Signature Suites include balconies in some units, with up to three bathrooms and a full kitchen.

Owners of Signature MGM Grand also have the option to list their MGM Signature condo as a rental unit for MGM Grand hotel guests to earn additional income.

Amenities abound for owners and their guests at theSignature MGM Grand including a private pool, fully staffed owners’ lounge, dedicated concierge, and a gated, secure entrance to the towers. In addition, all the amenities of the MGM Grand Hotel are available to Signature owners to enjoy including its 171,000 square-foot casino, five fabulous outdoor pools, and the MGM Grand Spa with its 30 treatment rooms and well-appointed fitness center. The MGM Grand also offers access to great restaurants featuring award-winning chefs, shopping outlets, and a wide variety of entertainment choices.

Our team of Las Vegas real estate specialists is ready to provide you with our unique market insights and personalized service to help you feel completely confident about your next real estate transaction. Please contact us today.702.482.8885 or email us at Anthony@mylvcondosales.com