Santiago Wendover Estates presents a rare opportunity to acquire a 97% occupied, 75-unit community in the high-demand border city of West Wendover, Nevada.

Wendover Estates is a high-quality, excellent-condition MHC 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 predominately new, double-wide homes, significantly increasing curb appeal. The community has asphalt streets; concrete sidewalks, curb, 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.

Current tenants have been noticed regarding an ~8% rent increase effective 2/1/2026 and reflected in the pro forma financial analysis. Pro forma rents are generally at market.

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