by Lauren Paris in Blog.
Palms Place is still the place to be!
I think that Palms Place is one of the best investments because you have the potential to make passive income with your condo in the rental program through the hotel. It is a unique property since it has a full unobstructed strip and mountain views from downtown to uptown. I know of a great incentive right now…. I can negotiate to get my buyers 15 months of paid HOA and a “refresh” on the unit before closing.
Luxury high rise with everything at your fingertips. As my client you are able to review current owner rental statements to show the income potential monthly and yearly. The statements that I have reviewed show that the units are occupied 96% of the month, that is a lot of passive income. Then when you are in town to enjoy or want to have a stay-cation you can book the condo and pay a 60 cleaning fee.
The new restaurant Cafe 6, which used to be Simon is a causal and fun spot. It overlooks the beautiful pool and cabanas with a good vibe. There is a fabulous spa, lounge, tanning salon inside the building as well. The best part is there is a sky bridge that you can take directly to the Palms where there is the casino, fine restaurants, movie theater, nightclubs, and great people watching.
Palms Place condos start at $149,000 (studio) – $2,500,000 (3300 sqft penthouse)
Maloof’s place is currently for sale for $29,000,000 the entire 59th floor with private elevator, DJ booth, helipad, full gym, 20 person hot tub, 6230 sqft and 27,000 sqft. of outdoor space.
Contact Lauren Paris for a deal on a high rise condo!