The Gold Spike in downtown Las Vegas is under new ownership, in a deal that shows a sharp drop in sales value of the former casino site.
Las Vegas husband-and-wife real estate investors Huan “Jeff” Mai and Qing Zhong bought the hotel and nightlife property at Las Vegas Boulevard and Ogden Avenue for $11.38 million, according to Clark County property records and Nevada business-entity filings.
The sale, by the estate of the late Zappos chief Tony Hsieh, closed June 10.
The buyers own shopping centers in Southern Nevada and recently purchased the Macy’s-occupied building on Spring Mountain Road in Chinatown. Their acquisition of the Gold Spike includes the connected Oasis hotel site and a parking lot operated by the city of Las Vegas, property records show.
