Trump Tower
Las Vegas High-Rise - Real Estate

Trump Tower Resales
Focused search reflecting only those homes currently listed for sale in this community.

Resale list prices range from $307 per sq. ft. to $1,076 per sq. ft. and average $610 per sq. ft. at the time of this writing, August 12, 2010. HOA fees vary a great deal, depending on the size of unit. I see an average of around .85 per sq. ft. Resales over the last six months reflect 16 units sold at prices ranging from $150,000 to $300,000.

 A total of 331 units have closed as of this date. This represents 15 new units sold since my last update four months ago. New units ranging from 550 sq. ft to 3,000 sq. ft and priced from $172,900 to $2,800 are available.

The first Trump Tower is 64 floors and has 1,282 hotel-condominium units including 880 studio and 352 one bedroom suites on the 16th through 59th floors and 50 deluxe one, two and three bedroom penthouse suites on the upper five floors.
Homes sizes range in size from 550 square feet for a studio up to 3,000 square feet for three bedroom. The project will be a condo-hotel. Owners can elect to have their units rented out when not in use through the Hotel operations or an outside agency. The first units just closed and a number of resales are already available (see link above).

Unit amenities will feature plasma televisions, European-style kitchens, sub-zero appliances, owner lock out closets, floor to ceiling windows and large bathrooms with custom-designed vanities, twin sinks and marble countertops. Master bath also includes a spa tub. Entryways and bathrooms will feature Italian marble floors.

Development amenities include valet parking, on site security staff, private spa, outdoor pool, sundeck, poolside bistro, health club, steam room & sauna, gourmet restaurant, business center, 24 hr concierge service, conference/meeting facility and on site security staff.

There is a hold presently on the 2nd tower. No pre-sales at this time. Donald trump got a lock on construction prices for the first tower in 2005. It is estimated that his construction costs on the 2nd tower will be 60% higher than for the first. Much will probably depend on the time frame for the $6 billion version of New York City's Plaza Hotel complex planned for a neighboring 34.5-acre parcel on which the demolished New Frontier once stood. This property is adjacent to Trump's, on the Strip.

Other condo hotel options include Platinum, MGM Grand Residences Turnberry, Palms Place, Vdara at City Center and possibly The Cosmopolitan.

This is a caveat I would apply to all those local high-rise communities still selling new. There may be some jeopardy here.  See my concerns on my  high-rise directory page

Millie Fine
CENTURY 21 Aadvantage Gold
Toll Free 1-888-449-3463
Home office 1-702-363-5599
E-Mail Millie!
millie@milliefine.com 

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