About Signature at MGM Grand condos for sale or rent in Las Vegas
Signature at MGM Grand condos for sale range from 520-1500 square foot and are fully furnished. Units come with upgraded kitchens, high-quality appliances, flat screen TV, whirlpool tubs, marble and granite bathrooms, and high-end furnishings.
Units are housed in three 40 story towers with 576 condominiums in each high-rise tower which were built in 2005-2007. You can enroll in the rental pool and have your unit rented out by the hotel on a nightly basis. If you use the condo yourself there are nightly cleaning and maintenance fees that cannot be waived. If you choose not to use the rental pool and want to rent the condo out yourself you must take care of cleaning the unit and supplying towels and sheets. There are companies that can do this for you. Most owners choose to be in the rental pool.
The following are available in the towers: The Lounge bar, Starbucks and Delights open for breakfast and lunch.
Median price appreciation for Signature at MGM Grand condos for sale since recovery of 2011
This is the best appreciating high-rise condo hotel in Las Vegas. The median price of units was $352 in 2016 which is 26.6% higher than the same in 2011. Having said that, this project has appreciated more than only 3 residential high rise towers.
For more information see Las Vegas high-rise condo market and to see how each individual tower has performed see Las Vegas high-rise condos appreciation rate since recovery of 2011
Ninety condominiums sold in 2016. Sixty 520 square foot studios sold for $145,000-230,000. Five 847 square foot one bedroom units sold for $220,000-269,000. Twenty 874 square foot corner units sold for $208,950-459,888. Five 1394 square foot units sold for $470,000-610,000.
Signature at MGM grand condos for sale:
The Signature at MGM Grand condos for sale is from $185,000-$270,000 for studios. Corner units are one bedroom condominiums priced at $309,000 to $475,000 for a penthouse unit. Two bedroom unit which is combination of one bedroom unit and studio is listed for $575,000
The majority of smaller units sold for within $10,000 of asking list price as did the larger units that were priced right. However some others sold for $30k-$60K less than the asking list, these weren’t priced correctly, to begin with.
Residents enjoy concierge service, room service, a private heated pool/spa with cabanas, fitness center, business center and valet for one car is included free. Additional vehicles must pay for parking.
Owners get a VIP card and have easy access to MGM Grand Hotel & Casino amenities including the world famous pool complex, spa and salon service, dining, entertainment and nightlife. As an owner you get a VIP card and 10% discount on the spa and salon and some restaurants also.
Condo fees or HOA fees:
Condos can be rented out on a nightly basis or longer term leases. HOA fees currently range from $635-2135 per month and are subject to change.
This high-rise project is located on E Harmon adjacent to the MGM Grand Hotel Casino on the Strip.
Signature at MGM Grand condos for rent:
Not all units are enrolled to rent through the hotel. 6 MGM grand condos for rent were leased in 2014 for 13 months or longer. Studios rented for $1500-$2000 per month. One bedroom condo hotels rented for $1900-$2950 per month.