Turnberry Towers offers condo units starting in the $250,000s
June 25, 2011 - 1:01 am
As anyone watching the residential high-rise market can see, the amount of inventory for short sales and foreclosures has been decreasing. Few first-class high-rise towers remain, according to Turnberry Tower officials.
There is a limited inventory left, and not all have the features buyers look for in their properties, such as a centralized location, customizable upgrades or even whether the home faces the east or west.
Experts say that demand is finally starting to catch up with supply, as developers are holding on to their available inventory. Prices are predicted to rise in the future.
According to Greater Las Vegas Association of Realtors' statistics, condo and townhome sales have increased 14.4 percent in comparison to last year.
With little inventory left on the high-rise market, many buyers continue to lean toward purchasing new homes, where they have the opportunity to buy at the lowest prices.
Turnberry Towers still has a select number of homes for sale. With prices starting in the $250,000s, buyers can design their homes with several upgrades included in the price, such as a selection of flooring and personalized wall colors.
Located near the Las Vegas Strip off Karen and Paradise avenues, the views at Turnberry Towers overlook both the peaceful, scenic mountainsides of Nevada and the exciting and entertaining nightlife of the Strip.
"I love it. It's beautiful and so close to everything in Vegas," says Turnberry resident Alexis Bradley. "I've looked at every other high-rise and Turnberry Towers is the best."
Turnberry Towers is located 222 Karen Ave. For more information, call 702-732-9797 or visit turnberrytowers.com