Note portfolio secured by new homes is also available. Inquire for additional details.

Santiago Wendover Estates presents a rare opportunity to acquire a 99% occupied, 74-unit community in the high-demand border city of West Wendover, Nevada. Wendover Estates is a high-quality, excellent-condition manufactured housing community highlighted by a large number of new tenant-owned homes, direct-billed public utilities, and subdivision appeal.

The community was built in 1998 and recently infilled with predominantly new double-wide homes, significantly increasing curb appeal. The community features asphalt streets, concrete sidewalks, curbs and gutters, and a playground. Utilities are public and directly billed, reducing management responsibilities, expense ratios, and capital expenditures. There are no vertical buildings, which also presents a significant bonus depreciation opportunity.

View Crexi Listing: https://www.crexi.com/properties/2299372/nevada-santiago-wendover-estates