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8 Luxury Condos $4,500,000 Las Vegas, Nv PANORAMA TOWERS 8 LUXURY CONDOS $4,500,000 LAS VEGAS, NV Listed Exclusively by: www.fosterlv.com All information herein is considered reliable but not guaranteed CONTENT 04 Property Details 05 Unit Mix 06 Property Location 08 Floorplans 12 Broker 15 Proforma / Rent Roll 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. PROPERTY DETAILS 4 www.fosterlv.com UNIT MIX 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. 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 1,632 Total 8 16 8,249 14,932 “Standard” finishes include black granite countertops, marble floors in wet areas, and shower enclosures. Cherry wood cabi- netry, and stainless steel GE appliances. 5 PROPERTY LOCATION PRIME RESIDENTIAL HIGH RISE CONDOMINIUM UNITS OFFERED FOR SALE 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. 6 www.fosterlv.com 100+ Restaurants located within walking distance $12,000,000,000 New development scheduled over the next 5 years 40,000+ Employees within a 1 mile radius PARK MGM $450 Million rebrand/redesign of Monte Carlo resort in 2018 42,936,109 Number of visitors to The Strip in 2016 T-MOBILE ARENA Brand new 20,000 visitor arena $509 / SF home of NHL’s Golden Knights Average price of high rise condo sold within .5 mi 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 $9,713,000,000 TOWERS Gaming revenues on the Your opportunity to own Las Vegas Strip in 2016 a premier investment at the beginning of a very exciting time for Las Panorama Towers features a car service that will pick you up and drop you off at any Vegas. location within 3 miles which includes most places on The Strip and The Airport NFL RAIDERS $1.9 Billion stadium breaking ground in November 2017 2 Miles Distance to McCarran International Airport A trophy portfolio in the Panorama Towers is a gated community with world’s most exciting 24 hour security, valet, and concierge providing neighborhood. a safe and convenient place to call home. 7 A FLOORPLAN DETAILS DESCRIPTION ±2,189 SqFt This spacious floorplan includes an open 2BR entertaining area with panoramic views. 2 2.5 Baths balconies overlook both east End Cap and west sides of the valley. D2 FLOORPLAN DETAILS DESCRIPTION ±955 SqFt This spacious floorplan is similar to the C, except it 1BR + Den faces South, and the den is smaller providing more living 1.5 Baths space. Strip Views 8 www.fosterlv.com B FLOORPLAN DETAILS DESCRIPTION ±1,126 SqFt This open floorplan includes glittering views of the strip 2BR to the east, master suite with views and luxurious ensuite. 1 3/4 Baths Strip Views D2 FLOORPLAN F FLOORPLAN DETAILS DESCRIPTION ±2,347 SqFt This floorplan enjoys amazing strip views to the 2BR north from the master bedroom and living room 2.5 Baths and has an open layout. Sunset Views 9 H FLOORPLAN DETAILS DESCRIPTION ±1,632 SqFt This floorplan features an expansive floor to ceiling 2BR windows in an open floorplan. Has a very large 1 3/4 Baths private patio that is part of Faces west the architectural curve of the building. PANORAMA TOWERS -AERIAL VIEW 10 www.fosterlv.com TURN KEY INVESTMENT 8 CLASS A UNITS ARE OCCUPIED IN GOOD MAINTENANCE, AND READY FOR YOU TO OWN 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! 11 THE SURE WAY TO MISS SUCCESS IS TO MISS THE OPPORTUNITY. EVAN ROARK NEVADA BROKER PROPERTY MANAGER F 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] 702-813-3826 12 www.fosterlv.com PANORAMA TOWER’S UNIQUE DESIGN IS DRAMATIC, SOPHISTICATED, FUN, & INSPIRING 13 PROFORMA Panorama Towers - 8 Units 2017 Gross Potential Rental Income 318,900 Less: Property Tax (27,419) Less: Insurance (4,000) Less: HOA (115,884) Less: Repairs/Maintenance (15,945) Total Anticipated Income $155,652 RENT ROLL 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 01/31/2019 2 Bed / 2.5 Bath 2,347 $2,900 3 - 24th floor 03/05/2016 12/31/2018 2 Bed / 2.5 Bath 2,189 $3,400 4 - 25th floor 04/01/2017 01/31/2019 2 Bed / 2 Bath 1,632 $3,500 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 03/31/2019 2 Bed / 2.5 Bath 2,324 $3,100 Total 14,932 $24,225 14 www.fosterlv.com 15 STAY IN TOUCH 3900 Paradise Rd Ste 121 Ph. +1 702 813 3826 email: [email protected] Las Vegas, NV 89169 Fax. +1 702 552 0210 www.fosterlv.com Scan the QR Code to send an email FOSTER REALTY, LLC inquiring for more information Las Vegas, Nevada about this project. License #B.1000720.
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