8 LUXURY CONDOS $4,750,000 LAS VEGAS, NV · 2017. 11. 14. · 8 LUXURY CONDOS $4,750,000 LAS VEGAS,...

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PANORAMA TOWERS 8 LUXURY CONDOS $4,750,000 LAS VEGAS, NV Listed Exclusively by: All information herein is considered reliable but not guaranteed www.fosterlv.com

Transcript of 8 LUXURY CONDOS $4,750,000 LAS VEGAS, NV · 2017. 11. 14. · 8 LUXURY CONDOS $4,750,000 LAS VEGAS,...

Page 1: 8 LUXURY CONDOS $4,750,000 LAS VEGAS, NV · 2017. 11. 14. · 8 LUXURY CONDOS $4,750,000 LAS VEGAS, NV ... $509 / SF Average price of high rise condo sold within .5 mi $9,713,000,000

PANORAMA TOWERS

8 LUXURY CONDOS $4,750,000LAS VEGAS, NV

Listed Exclusively by:All information herein is considered reliable but not guaranteed

www.fosterlv.com

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CONTENTProperty Details

Unit Mix

Property Location

Floorplans

Broker

Proforma / Rent Roll

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Copyright 2017. Foster Realty LLC. All rights reserved. No part of this advertising material may be reproduced or utilized in any form or by any means, electronic or mechanical, including photocopying and recording, or by any information storage and retrieval system, without written permission from Foster Realty. Foster Realty, LLC. Real Estate Broker, Evan Roark B.1000720. No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein, and same is subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions, imposed by our principals. Warning, the California Department of Real Estate has not inspected, or qualified offering, pric-es and specifications subject to change without notice.

Page 3: 8 LUXURY CONDOS $4,750,000 LAS VEGAS, NV · 2017. 11. 14. · 8 LUXURY CONDOS $4,750,000 LAS VEGAS, NV ... $509 / SF Average price of high rise condo sold within .5 mi $9,713,000,000

UNIT MIX

Floorplan # of units Beds SqFt Total SqFt

A 3 2 2,189 6,567

B 1 2 1,126 1,126

D2 1 1 955 955

F 2 2 2,347 4,694

K 1 2 1,632 1,632Total 8 16 8,249 14,932

The unit mix is comprised almost entirely of high floor units with stunning views. In the high rise condominium market, these are the units that rent and sell faster, for more money than lower floor units.

PROPERTY DETAILS

“Standard” finishes include black granite countertops, marble floors in wet areas, and shower enclosures. Cherry wood cabi-

netry, and stainless steel GE appliances.

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PANORAMA TOWERS

40,000+

Panorama Towers is connected to the Harmon Overpass which provides pedestrian and vehicle access to The Strip, CityCenter, and Cosmopolitan resorts in a matter of minutes (or seconds by car).

Panorama Towers features a car service that will pick you up and drop you off at any location within 3 miles which includes most places on The Strip and The Airport

Restaurants located within walking distance

A trophy portfolio in the world’s most exciting neighborhood.

Panorama Towers is a gated community with 24 hour security, valet, and concierge providing a safe and convenient place to call home.

100+

Your opportunity to own a premier investment at the beginning of a very exciting time for Las Vegas.

Employees within a 1 mile radius

PARK MGM$450 Million rebrand/redesign of Monte Carlo resort in 2018

Brand new 20,000 visitor arena home of NHL’s Golden Knights

T-MOBILE ARENA

Number of visitors to The Stripin 2016

42,936,109

New development scheduled over the next 5 years

$12,000,000,000

$509 / SFAverage price of high rise condo sold within .5 mi

$9,713,000,000Gaming revenues on the Las Vegas Strip in 2016

NFL RAIDERS$1.9 Billion stadium breaking ground in November 2017

2 MilesDistance to McCarran International Airport

PROPERTY LOCATION

Panorama Towers is an upscale residential development just steps away from the Las Vegas strip. It’s shimmering blue exterior helps shape the city’s skyline. The prime location offers residents easy access to City Center, Cosmpolitan, and the world-famous Las Vegas Strip, including some of the best restaurants, shopping, and entertainment in the world. The grounds are extremely well maintained and residents enjoy some of the best amenities available including concierge, valet, fitness center, pool and lounge area, car service, business center, and spa. For the investor, it represents an excellent synergy of higher income tenants, lower maintenence units, and a strong sense of community fostered by hands on management.

PRIME RESIDENTIAL HIGH RISE CONDOMINIUM UNITS OFFERED FOR SALE

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B FLOORPLAN

DETAILS

±1,126 SqFt

2BR

1 3/4 Baths

Strip Views

DESCRIPTIONThis open floorplan includes glittering views of the strip to the east, master suite with views and luxurious ensuite.

F FLOORPLAN

DETAILS

±2,347 SqFt

2BR

2.5 Baths

Sunset Views

DESCRIPTIONThis floorplan enjoys amazing strip views to the north from the master bedroom and living room and has an open layout.

A FLOORPLAN

DETAILS

±2,189 SqFt

2BR

2.5 Baths

End Cap

DESCRIPTIONThis spacious floorplan includes an open entertaining area with panoramic views. 2 balconies overlook both east and west sides of the valley.

D2 FLOORPLAN

DETAILS

±955 SqFt

1BR + Den

1.5 Baths

Strip Views

DESCRIPTIONThis spacious floorplan is similar to the C, except it faces South, and the den is smaller providing more living space.

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H FLOORPLAN

DETAILS

±1,632 SqFt

2BR

1 3/4 Baths

Faces west

DESCRIPTIONThis floorplan features an expansive floor to ceiling windows in an open floorplan. Has a very large private patio that is part of the architectural curve of the building.

PANORAMA TOWERS -AERIAL VIEW

Are you looking to be involved with real estate in one of the country’s most booming areas? This is your unique opportunity to buy luxury real estate in a tower located closest to the NFL’s Raider Stadium scheduled to come to Las Vegas in 2020. This is a package of eight of the best properties, on some of the highest floors, in one of the best buildings, at one of the best locations you can find.

Purchase these eight class A properties and generate revenue from day one. All properties are rented at good rates. All properties are in excellent condition. All properties are under one roof.

Panorama towers is a luxury high rise community with valet, concierge, car service, spa, fitness center, poolside cabanas, etc. The residents enjoy the upscale amenities and the lifestyle Panorama Towers provides. Many of them started as tenants and loved living there so much they purchased a unit.

The board of directors requires all tenants have a background and credit check so there are below aver-age default rates and problems to handle. Community management holds resident mixers and events to promote a sense of community, which probably helps to retain good tenants.

This is your opportunity to invest in a premier location, cashflowing from the start, at a time where the area is only improving due to confidence in the market and an influx of cash going toward development. Let’s talk about how to make this a success for you. Submit your LOI today!

TURN KEYINVESTMENT8 CLASS A UNITS ARE OCCUPIED IN GOOD MAINTENANCE, AND READY FOR YOU TO OWN

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oster Realty founder Evan Roark set out to build a company where commitment to providing quality work and great service would serve as the key to its success. Today, Foster Realty is a leading real estate service firm in Las Vegas with over $100 million in assets under management, yet it’s boutique structure enables an intimate, client-focused approach. Evan has discreetly represented some of the world’s most prominent celebrities and business leaders in large luxury property transactions on The Strip. Evan Roark is a dedicated, experienced real estate professional committed to understanding your goals and challenges so that he can serve you better, leveraging his expertise and resources to deliver the best solution.

Contact:[email protected]

EVAN ROARKNEVADA BROKERPROPERTY MANAGER

THE SURE WAY TO MISS SUCCESS IS TO MISS THE OPPORTUNITY.

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PANORAMA TOWER’S UNIQUE DESIGN IS DRAMATIC, SOPHISTICATED, FUN, & INSPIRING

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Panorama Towers - 8 Units 2017

Gross Scheduled Rental Income 279,300

Less: Property Tax (27,419)

Less: Insurance (4,000)

Less: HOA (115,884)

Less: Property Management (12,801)

Total Anticipated Income $119,196

PROFORMA

Unit Lease Start Lease End Bed/Bath Unit Size Rent

1 - 19th floor 05/01/2017 04/30/2018 2 Bed / 2.5 Bath 2,189 $3,300

2 - 20th floor 02/01/2017 01/31/2018 2 Bed / 2.5 Bath 2,347 $2,800

3 - 24th floor 03/05/2016 mo/mo 2 Bed / 2.5 Bath 2,189 $3,100

4 - 25th floor 04/01/2017 10/31/2017 2 Bed / 2 Bath 1,632 $3,200

5 - 14th floor 05/24/2017 05/31/2018 1 Bed / 1.5 Bath 955 $2,000

6 - 19th floor 11/01/2017 10/31/2018 2 Bed / 2.5 Bath 2,173 $3,650

7 - 28th floor 01/24/2011 mo/mo 2 Bed / 2 Bath 1,126 $2,375

8 - 30th floor 03/15/2015 03/31/2018 2 Bed / 2.5 Bath 2,324 $3,000

Total 14,932 $23,425

RENT ROLL

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Scan the QR Code to send an email inquiring for more information about this project.

Las Vegas, NevadaLicense #B.1000720

STAY IN TOUCH3900 Paradise Rd Ste 121Las Vegas, NV 89169

FOSTER REALTY, LLC

Ph. +1 702 813 3826Fax. +1 702 552 0210

email: [email protected]