Wednesday, September 12, 2007

Manhattan Condos Gemstone Sued

If you own a unit, are buying a unit or have been in contract and released your earnest money to Manhattan Condos / Gemstone you need to read about the current lawsuit filed against Gemstone. (Click Here)

Contact Callister Reynolds (Kim or Brooke) for more info:

Callister & Reynolds Law Offices
823 Las Vegas Boulevard South
Las Vegas, Nevada 89101
Phone: 702-385-3343
Fax: 702-385-7743

Model Leasebacks in Las Vegas 12% Cap Rate

Cash Positive with 12% CAP RATE

2 Model Homes for Sale

Builder Lease backs Silverado Ranch Area -

  1. 2468 SF 3 bed 2sty, 3 car garage, POOL, full covered sundeck, retreat Includes all model home upgrades and furnishings - List Price: $609,007
  2. 2834 SF 4 bed 2sty, 3 car garage, 1 bed down, separate family/dining - List Price: $643,059

Builder rent back at Rent of 1% of sales price per month ($6090/$6430)
Min. 18 month lease with options to renew up to 18 months. Cash Positive with 12% CAP RATE and no one living in the unit so no daily wear and tear and no maintenance as builder will handle all.
15% Down Required for Stated Income or 10% Down for Full Doc. 3% For Closing Costs also paid

Thank you

Jason and Olivia

McClellan Team, Liberty Realty
2920 S. Durango Dr.
Las Vegas, NV 89117
efax 702-543-4845
www.oliviasellsvegas.com

Olivia McClellan, ABR, GRI, RRG
Liberty Realty, Broker/Salesperson, REALTOR®
Direct 702-372-2671
olivia@oliviasellsvegas.com

Jason McClellan, REALTOR®
Liberty Realty, Salesperson
Direct 702-218-3302
info@oliviasellsvegas.com

A quote we live by: "You will miss 100% of all the shots you never take" Wayne Gretzky

Monday, September 10, 2007

CL3 Hybrid Lofts Delayed

CL3 Lofts is a mixed of office, warehouse and residential space being built in North Las Vegas. There apparently are some permit issues that have come up that are being resolved.

CL3 Lofts is planned for 44 units, including a café, with units priced from $600's.

The project was set for an August delivery.

If you are interested in true live work lofts call me today

Olivia