ManhattanWest Scores Highly With Their Las Vegas Preconstruction Condo Development

Gemstone Development is capitalizing on the tremendous success of their ManhattanLV project by the development of a brand new project in the Southwest area of the Las Vegas valley called ManhattanWest. Situated in the heart of the new Las Vegas Wellness West medical region, the 20 acre preconstruction mixed-use project is set to break ground officially tomorrow (May 22nd, 2007) and will consist of 700 luxury residences with over 19 floorplans to chose from.

And after visiting their sales office this morning, do I have a deal for you!!!

Studios, 1, 2, and 3 bedroom units are available with perhaps the best price-points in Las Vegas for the quality and amenities you'll get from this project, starting from the $200Ks to the high $500Ks. These condos will have it all - yoga, pilates, aerobics, personal training services, a sauna, spa treatment rooms, an art gallery, car wash service, housekeeping, dog walking & cat feeding services, amazing views of both the Strip and Red Rock, nutritionist services, aestheticain services, cooking classes, health programs, free weights, elliptical trainers, volleyball court, movie nights, private dining rooms, full kitchen for private dinners and catering, a DVD library, Wi-Fi internet, solar power, wind power and the list goes on.

Plus ManhattanWest boasts a number of interesting services not available with any other project in town to date. (as far as I know). The first is Manhattan Transfer, a service that will take care of just about every aspect of your life, from picking up your dry cleaning, to dog walking, to stocking your unit with groceries. Next, need a ride to a local destination, such as the Strip or Airport? Travel in style using Manhattan Express, Manhattan West's premium shuttle service. And finally, they even have a program called ManhattanMD which will be an onsite medical practice focused on the ManhattanWest community.

The developer's basic goal with this project is three-fold: Save you time. Enrich your social life. Make you healthier.

They are currently taking reservations for their first buildings, the Roosevelt House, the Lennox House, and the centerpiece of the project, The Element House.The first phase estimated completion date is estimated for the Fall of 2008. The initial investment to reserve a unit is the following: For the Roosevelt and Lennox House, primary and second home purchasers need 6% down, 8% for investors. Those numbers rise to 7.5% for primary and second home purchasers and 10% down for investors for the Element House. A $1,000 fully refundable reservation secures your residence and the price - then, you'll convert to a purchase agreement within 48 hours. Then, they require a $4,000 second deposit due in 30 days after the buyer executes their purchase agreement. Finally, the balance of your earnest deposit is due 60 days afterwards. Bottom line is if you're using the unit as an owner occupant, you'll need only 6% down total and you have a nice timeframe to make it all happen.

With residences, offices, and shops, you may never have to leave this development, it's so good! Developer Alex Edelstein is now Las Vegas' 2nd largest builder of condominiums. Remember that Gemstone's accolade-winning Manhatttan Condominiums project already has successfully brought 700 residences to the South Strip of Las Vegas and all that's available in that project at this point are re-sales.

In summary, ManhattanWest looks like a winner. And it's still pre-construction at pre-construction prices in still the fastest growing city in the USA, so even if you missed out on ManhattanLV, ManhattanWest is here to make it up to you. Contact me for reservations.