Confidential WY MHP Listing 08192026

<p>The Wilmer & Danny Group of Marcus & Millichap is proud to present Frontier Estates, a 56-site manufactured housing community located in Cheyenne, Wyoming.​ Originally developed in 1959, the property offers investors the opportunity to acquire a stabilized community with approximately 80% occupancy, below-market rents, and meaningful upside through continued occupancy growth, infill of vacant sites, and operational optimization.​ The community benefits from all city utility services and utilizes a flat utility reimbursement structure, creating operational efficiencies and expense recovery for ownership.​</p><p>Frontier Estates is strategically positioned with convenient access to Interstate 25 and Interstate 80, providing connectivity throughout Wyoming, Colorado, and the broader Rocky Mountain region.​ Cheyenne serves as Wyoming's capital and economic center, supported by a diverse employment base that includes government, military, transportation, healthcare, logistics, and energy sectors.​ Major employers such as F.​E.​ Warren Air Force Base, Union Pacific Railroad, and the State of Wyoming provide long-term economic stability and consistent housing demand.​</p><p>Residents benefit from proximity to numerous retail, dining, and entertainment amenities, including Frontier Mall, Downtown Cheyenne, and a variety of outdoor recreational destinations throughout southeastern Wyoming.​ The community is also located near Cheyenne Frontier Days, one of the nation's largest outdoor rodeo and western celebration events.​ As housing affordability challenges continue across the Mountain West, manufactured housing communities remain one of the region's most attainable housing options, supporting strong occupancy demand and long-term resident retention.​</p><p>Frontier Estates is being offered at $4,480,000, representing approximately $80,000 per site.​ Current average site rents of approximately $548 per month remain below competing housing alternatives, providing a clear path for future rent growth.​ With limited manufactured housing inventory and transaction activity throughout Wyoming, Frontier Estates represents a rare opportunity to acquire a well-located community with stable cash flow, occupancy upside, and long-term growth potential in one of the region's most supply-constrained affordable housing markets.​</p>

<p>The Wilmer & Danny Group of Marcus & Millichap is proud to present Heartland Estates, a rare opportunity to acquire a value-add manufactured housing community located in Torrington, the economic and commercial center of Goshen County in eastern Wyoming.​ The property consists of seventy-six (76) total manufactured housing sites, including three (3) brand new park-owned homes, offering investors the opportunity to acquire a community with significant occupancy upside and long-term rental growth potential in one of the Mountain West region's most supply-constrained affordable housing markets.​</p><p>Originally developed in 1972, Heartland Estates currently operates at approximately 65% occupancy, presenting investors with a clear path toward value creation through continued infill, lease-up, and operational stabilization.​ The property benefits from all city utility services, providing long-term infrastructure reliability and operational simplicity.​</p><p>The community operates with a flat monthly utility reimbursement structure, with residents contributing toward electric, water, sewer, trash, and tax expenses.​ Current utility billbacks are approximately comprised of 33% electric, 27% water, 17% sewer, 22% trash, and 1% tax reimbursement, creating operational efficiencies and expense recovery for ownership.​</p><p>Existing in-place rents remain below competing housing alternatives within the market, providing investors with the opportunity to capture continued organic rent growth over time.​ Additionally, the recent addition of three brand new park-owned homes further enhances the property's long-term income potential and overall community appeal.​</p>