MGM Signature 2 BR Condo Tour. 31st Floor PH w/ Strip Views in Tower 1! 1394 SF, 2 BR, 3 BA, $750K

#signaturemgm #lasvegaspenthouses #lasvegashighrisecondos
Lauren Stark
Elite Realty
702-236-8364
[e-mail]
BS. 4333
145 E Harmon #3119 & 3121
1394 SF | 2 BR | 3 BA | Fully Furnished | Strip Views
$750,000
HOA Dues $2115/M
Lauren Stark, Native Las Vegan & Local Realtor takes you on a tour of a 2 BR unit in Signature MGM, which is made by purchasing a 1 BR with the adjacent studios. All the units/floor plans in Signature MGM are either a studio or a 1 BR, so to purchase a 2 BR, you have to buy side by side units that share a common vestibule.
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Lauren Stark
702-236-8364
[e-mail]
BS. 0004333
Travis Scholl
702-232-5376
[e-mail]
S. 69556

[@Dale3765]

Another brilliant tour Lauren, I follow other Vegas real estate agents and there videos are not even close to yours its your commentary and ideas and information that does it
Five stars Girl 👍

[@SA-ho1mu]

$2115 HOA per month ruins it

[@dkg1964]

Rents pays for that and more!

[@SA-ho1mu]

​@@dkg1964 And if you don't have a tenant for two months, you have a $4230 liability. In a city where people are constantly coming and going and faces many ups and downs, that could be an investment disaster.

[@BradleyT2p2]

$70/day resort fees. Vegas figured the best way to get Resort fees off the strip too, just call it HOA.

[@belleahn3306]

@Raymond Garcia you wouod probably avg $2500 monthly year-round on rental net profit minus HOA and property tax and 3% repairs you would break even

[@belleahn3306]

Expect to break even if u rent it. U may get lucky and takeaway 500 a month

[@jrdeeare4904]

Lauren is a beauty

[@alishadennis7769]

Very interesting property & investments opportunities. Thank you for sharing ☺️

[@juniemoonism]

Amazing tour Lovely Lauren!

[@gauthamananthanarayanan3086]

I love the signature at MGM Grand hotel in Las Vegas Nevada

[@alexspendlove98]

Tower 1 has to be my favorite out of the 3. Hoping Trump tower 2 will finally come to fruition just because we want the hotel to be closer to the strip!

[@DannyPorsche]

Does the Cosmopolitan have one for sale with balcony and fountain view? Please check if you don’t mind. And then the HOA fees too. Thank you.

[@Tr-ey8no]

I read online loans for these are different than normal mortgages and not as many banks are willing to finance these. Is it difficult to obtain a loan for these?

[@TucsonMuscle]

You mentioned using it as a secondary home, but was wondering if there is any restriction as to using it as your primary home?

[@TheStarkTeamRealEstate]

You absolutely can use it as your primary home- no restrictions.

[@samuelchoi7309]

Can you remodel the unit? Flooring? Kitchen unit etc.

[@TheStarkTeamRealEstate]

Yes, you can - that is my vision for the property as well.

[@kathleemcallister]

do people ever use them as their main residence

[@jormungaurd]

The one question that I would have about this situation is would you have to pay double the HOA fees if you own both the studio and the one bedroom?

[@TheStarkTeamRealEstate]

Hi, thanks for watching. Yes, you would need to pay the studio HOA dues and the 1 BR hoa dues.

[@belleahn3306]

Hi with the high HOA and taxes, the ROI on avg must be 1-3% correct?

[@TheStarkTeamRealEstate]

Hi, while we as real estate agents can't guarantee or predict ROI, you are correct - the ROI on these is low in that range, unless you are ARBNB and handling all of the bookings yourself and not splitting with a management company. Thanks for watching!

[@DMariaLR]

Washer/Dryer?

[@TheStarkTeamRealEstate]

Hi, thanks for watching,. A washer/dryer is only available in the 1 BR . It’s located in the primary bath behind one of the doors I showed - it’s kept locked so only owners can access it, so I couldn’t show it clearly- it’s one unit that does both washing and drying. There is no washer dryer in the studio units, but in Tower 1, there is a room for owners only, with washer dryers you can use.