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Panorama Towers is a high-rise condominium complex located in Paradise, Nevada. [1] [2] Developed by Laurence Hallier and Andrew Sasson, the $600 million aqua-blue glass 635-unit complex sits on 8.5 acres (3.4 ha) [3] on Dean Martin Drive and is centrally located across from the Las Vegas Strip one-quarter mile (0.40 km) from CityCenter.
American Homes 4 Rent, doing business as AMH, is a real estate investment trust based in Las Vegas, Nevada, that invests in single-family rental homes. As of December 31, 2019, the company owned 52,552 homes in 22 states.
[29] [30] [31] Turnkey Pads, a vacation property company, purchased the penthouse later that year for $12.5 million, [32] [33] [34] making it the most expensive high-rise condo sale in Las Vegas history. [35] [36] Turnkey spent $1 million to renovate the penthouse and add a helipad. The company began renting the penthouse out in December 2019 ...
The Westgate Las Vegas Resort & Casino is a hotel, casino, and timeshare resort in Winchester, Nevada. Located near the northern end of the Las Vegas Strip, it is owned by Westgate Resorts. It opened in 1969 as the International Hotel, and was known for many years as the Las Vegas Hilton, then briefly as the LVH – Las Vegas Hotel and Casino ...
Aria Campus, commonly known by its former name CityCenter, is a mixed-use, urban complex on the Las Vegas Strip in Paradise, Nevada.It is located on 67 acres (27 ha) and contains a total of 18-million sq ft (1,700,000 m 2).
After Earl's group purchased the Aladdin, discussions about a Las Vegas timeshare project became serious. [ 4 ] Details were finalized over the course of 16 months until April 2005, when Westgate Resorts announced that it would build a 52-story, $400 million timeshare tower on the five-acre property southeast of the Aladdin.
A penthouse is an apartment or unit traditionally on the highest floor of an apartment building, condominium, hotel, or tower. Penthouses are typically differentiated from other apartments by luxury features.
A 100 GRM (monthly rents) = 8.33 GRM (annual rents). An 8.33 GRM calculated on annual rents suggests the gross rent will pay for the property in 8.33 years. The common measure of rental real estate value based on net return rather than gross rental income is the capitalization rate (or cap rate). In contrast to the GRM, the cap rate is not a ...
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