Tides Equities, a real estate investment firm based in Los Angeles, has announced the acquisition of Spanish Oaks in Las Vegas for $50,000,000. The seller is Next Wave Investors.
Built in 1976, the property has 216 units with one- and two-bedrooms and is located at 2301 S Valley View Blvd, Las Vegas, NV 89102.
The asset will be rebranded as The Tides on Valley View and will undergo $4,750,000 in renovations and upgrades.
The current seller purchased the property in February 2021 for $28,500,000.