Palms Place Condos Las Vegas Selling FAST!
Palms Place Las Vegas is just off the strip close to the Rio hotel and attached to The Palms Casino. This high rise condo project is a hotel condo which allows owners to rent their units on a nightly basis. The hotel condo product has proven to be a very attractive idea to many buyers this year.
Currently the 600 unit high rise tower has 67 condo hotels listed for sale and 35 of them have accepted offers! It is rare to see a tower suddenly gain so much interest. Over half of the units listed have buyers lined up to close. At this rate the inventory will be come very low quickly.
Palms Place Developer Sells Out
The Palms Place developers sales team already closed out the sale of their final units this year and so far the demand has only grown since then. The price point and ability to generate income while not being used by the owners may be the accelerant fueling the run on this tower.
Palms Place condos start at only $182,000 and go all the way to $29,000,000 for those who would like to own the entire roof with its 6,230SqFt of indoors living space and 21,000SqFt of out door entertainment space.