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Suggestions About Vegas Condos

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10-05-2017 , 09:49 PM

Nozsr

old hand

Join Date: Dec 2013 Posts: 1,722

Anyone care to suggest locations where a person can buy a Vegas condo meeting these criteria? I would use the responses to augment the realtor assistance I am presently getting.

* Reasonably safe area
* No more than 5-6 stories in the building (not anxious to pay my share of a special assessment for replacing 40 stories of plumbing or HVAC)
* Walking distance (half a mile or a touch more) to strip hotels - or downtown hotels
* Two bedrooms and a den, or three bedrooms
* Priced at or under "low three's"

If what I am looking for doesn't exist, obviously I would have to relax one of these criteria, but any thoughts would be appreciated.

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10-11-2017 , 05:08 AM

C Put 6163

journeyman

Join Date: Jan 2012 Posts: 308

The Meridian....fits the bill pretty precisely. Walking distance to the Strip means you will have a hard time finding a reasonably safe area, but Koval and Flamingo isn't bad (where Meridian is located). Panorama and Dean Martin might work except those are high rise buildings.

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10-12-2017 , 10:53 AM

DaveC95818

adept

Join Date: Jul 2008 Posts: 1,132

https://www.zillow.com/savedhomes/fo..._zm/1_rs/1_fr/

205 E. Harmon....1/2 mile to City Center. $200K. it does look like 10 stories.

Zillow shows multiple units for sale here.

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10-15-2017 , 02:20 AM

Nozsr

old hand

Join Date: Dec 2013 Posts: 1,722

Thank you.

Marie Antoinette condos at 205 E Harmon looks interesting.

I like 10 stories better than 40 when it comes to special assessments!

Any other suggestions are welcome.

Who knows anything about the present state of the "Juhl" near downtown?

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10-18-2017 , 10:59 AM

McMelchior

veteran

Join Date: May 2003 Posts: 2,700

Quote:

Originally Posted by Nozsr

We looked very briefly into Marie Antoinette condos, since the location is fantastic and the prices appear very reasonable.

The few legitimately sounding reviews available on the internet are beyond scary.

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10-18-2017 , 05:23 PM

morgancapecod

enthusiast

Join Date: Mar 2013 Posts: 66

Quote:

Originally Posted by McMelchior

The few legitimately sounding reviews available on the internet are beyond scary.

I can't find the scary reviews, mind sharing some?

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10-19-2017 , 12:09 AM

BDHarrison

Pooh-Bah

Join Date: Nov 2016 Posts: 4,532

Quote:

Originally Posted by Nozsr

* No more than 5-6 stories in the building (not anxious to pay my share of a special assessment for replacing 40 stories of plumbing or HVAC)

I have no knowledge of condo life and am curious about exploring this option for future living arrangements. Is this preference based on anecdotal evidence or more wide-ranging data?

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10-19-2017 , 02:58 AM

Mrtight

enthusiast

Join Date: Sep 2013 Posts: 78

I wouldn't walk anywhere in the Summer, it is hell here in the summer.

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10-19-2017 , 04:17 AM

pig4bill

Carpal \'Tunnel

Join Date: Dec 2005 Posts: 34,859

Check HOA fees, some are very high although I think that's mostly in the high-rises. Another bad thing about some high-rises, you can't park your own car, valet only.

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10-19-2017 , 10:32 AM

#10

madlex

Carpal \'Tunnel

Join Date: Jan 2009 Posts: 17,938

Quote:

Originally Posted by BDHarrison

I have no knowledge of condo life and am curious about exploring this option for future living arrangements. Is this preference based on anecdotal evidence or more wide-ranging data?

Except for roofing, everything in a building gets (often exponentially) more expensive with every floor you add. Both for construction and maintenance. Especially in a country with strict construction regulations.

Plumbing is a good example, but here's one that's easier to visualize: Replacing a >1000lbs 100 sq ft window on the ground floor is not much fun, but nothing compared to doing it on the 50th floor.

Elevators are another good example. Just having one in your building might cost each unit owner >$100/month.

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10-19-2017 , 12:38 PM

#11

McMelchior

veteran

Join Date: May 2003 Posts: 2,700

Quote:

Originally Posted by morgancapecod

I can't find the scary reviews, mind sharing some?

Yelp is always a good start

And then there is city data

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10-19-2017 , 12:51 PM

#12

pig4bill

Carpal \'Tunnel

Join Date: Dec 2005 Posts: 34,859

Quote:

Originally Posted by madlex

Just about every building with more than 3 floors is going to have an elevator. That's why so many apartment buildings only have 3 floors. Which brings up another subject, especially in Vegas. During the housing boom, boatloads of apartments were converted to condos. Many of them improperly of with incomplete paperwork. Litigation followed, etc, etc. This long after the fact those should be straightened out, but it's still something to be concerned about. For one thing most apartments are cheaply constructed compared to condos, regardless of apartment complex claims of meeting "condo specs".

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10-29-2017 , 07:31 PM

#13

Nozsr

old hand

Join Date: Dec 2013 Posts: 1,722

Thanks for all the responses, guys.

Visited last week and had an offer accepted.

Downtown, at the "Ogden".

Out the back door, across the street is "Fremont Street Experience".

Not fancy but liked it enough to want it.

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