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‘A lot of potential’: Downtown Las Vegas hotel is sold, eyed for upgrades

Thursday, May 28, 2026 8:11 PM
Image aggregated from Las Vegas Review-Journal.
  • Eli Segall, Las Vegas Review-Journal

A small hotel in downtown Las Vegas with a retro feel is under new ownership and eyed for a wave of upgrades.

Las Vegas real estate investor Michael Poura purchased the Downtowner hotel and a cluster of nearby properties from the estate of the late Zappos chief Tony Hsieh, according to Clark County property records and Nevada business-entity filings.

The bulk sale, for about $10.3 million, closed on May 13, property records show.

The Downtowner, 129 N. Eighth St., at the corner of Ogden Avenue, was built in the 1960s and underwent a $2.5 million renovation several years ago. According to its website, the mid-century hotel blends “retro charm with modern essentials.”