Las Vegas Real Estate

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Tuesday, April 18, 2006

Manzanita –Condominiums with a Lot to Offer

The trend of condo-conversions in Las Vegas continues as developers feel it makes a lot more sense in the times of booming real estate prices. They pick up old apartment blocks, often in a run down condition and convert them into condos. Condo-conversions mean just that: they have been converted from apartments. First time buyers too, who cannot afford an independent single unit find them affordable and convenient. Manzanita Condominium has just released a new phase of homes at their gated community near Nellis Air Force Base in the northeastern Las Vegas Valley. Looking at the good reports it is not likely that they will be available for very long on the market.

Aimed at the middle section of the community, the prices are in the mid $100,000s. The two floor plans seem compactly designed and incorporate many features one would not expect for the price. Mariposa measures just over 1000 square feet with two bedrooms and two baths and a walk-in closet in the master bedroom. Paloma is a more spacious plan at almost 1250 square feet with three bedrooms and two baths, a separate dining area and two patios, one in the front of the unit and the other is off the master suite.

Manzanita condominiums are adequately equipped with linen closets, pantries, ceiling fans, microwaves and stackable full size washer and dryer. Tiled entry, gas fireplace and nine feet and vaulted ceilings and architecturally designed wall features add to the aesthetics and utility. The landscaped complex has several sought after amenities like a clubhouse with outdoor water feature, business center, covered parking, health club, spa and swimming pool, a playground and a sand volleyball court.

Located on E Craig Road, just west of Nellis Blvd, Manzanita is surrounded by public parks, restaurants, golf courses and is minutes from Nellis Air Force Base. In all likelihood people who value all of this will be attracted by the affordability, convenience and location. People, who consider either, detached homes and condominiums, would choose to go with a condominium because it would fit better in their budget. It is more than likely that Manzanita will turn out to be a wise investment and the best deal when you compare the cost per square foot. It is a gated community, with a pool and clubhouse and it is in close proximity to the freeway.

An interesting mix of people has opted to move in here. There are motor cycle enthusiasts attracted by the proximity to the Las Vegas Motor Speedway. Racers and race fans are thrilled by the ability to race their motorcycles there and to be close to the action and watch the race events conveniently. Others are retirees who have worked in the Air Force or air-fields. The value of the condos will certainly increase and this community seems to be one of the interesting options now in Las Vegas to get something at a low price with room to have it increase in value.