The South Point’s land holdings have expanded this month as its owner bought 4.3 acres of land near the Las Vegas resort.
Clark County records show the South Point’s owner, Michael Gaughan, bought 4.3 acres to the southeast of the resort for $5.5 million this month. These 4.3 acres connect directly to 2.5 acres that Gaughan purchased in 2015, giving him control of a 6.8-acre chunk of land near the South Point.
Even though the purchase was completed recently, Gaughan said he already has plans to turn the undeveloped land into an overflow parking lot for trucks and other vehicles. He thinks an overflow parking lot will come in handy when the South Point hosts arena and rodeo events, and he estimates this lot could be used up to six times a year.
