Trump Tower Las Vegas High Rise Condos

Are you considering investing in a condo at Trump Tower? This video is just for you! 🏢

Trump Tower is a condo hotel, meaning it offers both hotel rooms and privately-owned condos. The condos can be used for living or rented out through the hotel's rental program, Airbnb, or other property management companies. Built in 2006 with 64 floors, the tower offers mostly studios and 1-bedrooms, with some 2-bedroom penthouses.

Location-wise, Trump Tower is near the Fashion Show mall, Treasure Island, and the Wynn. However, it's not connected to other properties and is close to train tracks, which may not suit everyone. Notably, it offers a shuttle service to the Wynn and Caesar's Palace and is dog-friendly with dog walking services.

Regarding rentals, Airbnb is generally difficult in Las Vegas due to HOA restrictions, but Trump Tower is an exception. However, owners opting for Airbnb need to manage the property themselves and obtain proper licensing and permits. The tower has a 60/40 split for owners, with a reserve fee for updates and maintenance. Valet parking is available but requires an active reservation.

The rental program is a great option for owners to offset monthly fees, with a 60-70% occupancy rate. Financing for condotels can be challenging due to short-term rentals, but some lenders can help. Prices range from $250k to just under a million, with HOAs from $566 to $1700 for penthouses. Currently, the tower is undergoing a refresh, including new carpet and furniture.

Learn the pros and cons of investing in a condotel:    • Las Vegas Condo Hotels - The Pros and...  

Thinking about buying, selling, or investing in real estate?
Schedule Your Free Consultation here: 👉https://www.thethomasgrouplv.com/free...
🚨Subscribe to this channel: 👉https://bit.ly/ThomasGroupLV
🌐 Visit our website: https://www.thethomasgrouplv.com/
📲 Instagram:   / thethomasgrouplv  
👍Our Google Reviews: https://bit.ly/ThomasGroupLVReviews

We pride ourselves in helping our clients realize their real estate goals through great communication, expert negotiation, and genuine service.

Christina Stockdale
The Thomas Group - Real Broker, LLC
(702) 605-2269 x 4
[email protected]
thethomasgrouplv.com
BS.146728

0:00 Intro to Trump Tower
1:47 Unit Tour
3:40 Trump Tower Q&A
3:47 Can I AirBnb My Trump Tower Condo?
7:02 Can I Stay in my Property Myself?
9:13 Parking
10:05 Cost and Income Potentail
12:45 Financing

#trumptowers #lasvegashighrise #lasvegascondos