SIGNATURE AT MGM GRAND
520 - 1,394 Sqft - 140 East Harmon, Las Vegas, Nevada 89109
Overview of Signature at MGM Grand condos for sale and MLS for sale and rental listings
Signature at MGM Grand condos for sale range from 520-1500 square feet and come fully furnished with upgraded kitchens, high-quality appliances, flat-screen TV, whirlpool tubs, marble and granite bathrooms, and high-end furnishings.
This Las Vegas high-rise condo-hotel project consists of three 40-story towers with 576 condominiums built-in 2005 to 2007.
Due to high investor activity, MGM Grand condos for sale listings are plentiful. But condo hotels are not priced the same because of different elevations and views. For example, two units across the hall from each other aren’t priced the same since one has Strip views and the other city and airport views.
Las Vegas condo-hotels suffered during the Covid-19 Lockdown, but sales took off in 2021, and 169 condominiums traded while 67 have sold so far in the first six months of 2022. High demand has led to significantly higher condo pricing as the price per square foot of units jumped from $404 in 2020 to $526 in 2022.
For example, combined units 2101/2103 to make a two-bedroom condo at 135 East Harmon was purchased for $649,900 in December 2021 and traded for $715,000 in March 2022. Or unit 1219 in the same tower was bought for $260,000 in October 2021 and sold for $330,000 fifty days later. Significant price appreciations have resulted in crazy asking list prices. Your Realtor should be familiar with condo pricing here, and we are.
It is always a good idea to bargain while buying condo hotels in Las Vegas. However, deep discounts are gone, and most condominiums are selling within $10,000 of the asking list price.
Searching MGM grand condos for sale listings
The Signature at MGM Grand condos for sale listings come with three floor plans. 520 square foot Studios, one-bedroom, and two-bedroom units, a combination of a one-bedroom unit and a studio. You can find for-sale listings below this article.
HOA fees for Signature at MGM Grand condos for sale
Currently, HOA fees at Signature at MGM Grand condo hotels range from $675 per month for studios, $1363 for one-bedroom units, and $2045 for two bedrooms and are subject to change without notice. Therefore, we always check the latest HOA fees from the HOA before making an offer.
Signature at MGM Grand condos for rent
Owners at Signature at MGM Grand condos for rent can list their units in three ways. First, most owners enroll their condo in the rental pool and have it rented out by the hotel on a nightly basis. If they use the apartment, nightly cleaning and maintenance fees cannot be waived.
Please read investing in Las Vegas MGM Grand Signature Highrise condos for a detailed explanation.
Not all units are enrolled to rent through the hotel, and investors can register their units on third-party websites like VRBO, AIRBNB, or the MLS for the long term. In addition, investors must take care of cleaning the unit and supplying towels and sheets. Some companies can do this for a fee.
Eight apartments were leased long-term through the MLS. Rents depend on the lease duration. For example, studios rented for $1450-$1630 for one year, $1800-$1900 for 4-6 months, and $2500 for a 1-3 month lease. One-bedrooms rented for $2000-$2800 for a year lease and $2500 for 1-3 months.
Please find all MGM Grand condos for rent listings below this article.
Signature at MGM Grand Towers amenities include concierge service, room service, three private heated pools/spa with cabanas and a poolside bar, fitness center, business center, and valet for one car is included for free. Additional vehicles must pay for parking.
Owners get a VIP card and easily access the casino amenities, including the world-famous pool complex, spa and salon service, dining, entertainment, and nightlife. In addition, as an owner, you get a VIP card and a 10% discount on the spa and salon restaurants.