Las Vegas High Rise Blog » Who Wants to Learn how many Units Exist at CityCenter and Cosmo?

Who Wants to Learn how many Units Exist at CityCenter and Cosmo?

Posted by Luxury Realty Group - August 20th, 2007
Categories: High Rise Condos

Inside this Las Vegas construction update blog is a numbered breakdown of condo properties and hotel rooms being built at The Cosmopolitan Resort Casino, Cosmo Beach Club Tower, Vdara, The Harmon Hotel, Veer Towers, CityCenter’s main hotel and The Residences at Mandarin Oriental.

Las Vegas Strip and Harmon Ave…New Product By The Numbers

Pure Hotel Rooms (all numbers estimates)

4,000 CityCenter main hotel

980 Cosmopolitan Resort

400 Mandarin Oriental

400 The Harmon Hotel

5,780 New hotel rooms

Condotel Units (all numbers estimates)

1,500 Vdara

1,350 Cosmopolitan Resort

800 Cosmo Beach Club Tower

3,650 New condotel units Which ones should you be buying? Call Me. 702-205-1818

Pure Residential Condominium (all numbers estimates)

674 Veer Towers

228 Mandarin Oriental

207 The Harmon Hotel

1,109 New residential product But what are the pros and cons to each? Become a client and I will teach you.

With only 409 residential primary residence type of units on the strip as of 2007 (Sky), we have seen many buyers scramble for this type of product. That’s not to say that condotel is not sought after, Vdara and Cosmo are fantastic projects…my point is, there is a focus on places like The Harmon Hotel, Veer Towers and Mandarin Oriental.

Condotel Vs. Residential

Condotel properties are primarily purchased by investors, corporations and 2nd home buyers because of ease of use. These units come turn key, fully furnished and can be thrown into a nightly rental program.

Residential inventory is desired by those looking to make the strip their primary residence or to use as a vacation property that they leave empty when not in use.

Aaron Auxier, REALTOR® can be reached at 702-205-1818.

Luxury Realty Group is recognized by the press as a leading brokerage on the Strip. They can be seen on networks and in publications such as CNBC, Forbes Magazine, Details, LV Business Press, Wall Street Journal, The Review Journal, Los Angeles Times and USA Today.

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Disclaimer: All information in this blog is subject to change without notice. Subject matter is not guaranteed and is often times considered time sensitive.

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All information in this blog is subject to change without notice. Subject matter is not guaranteed and is often considered time-sensitive. See DISCLAIMER.