Heartland Estates MHP

<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><strong>This is a confidential 14-site mobile home park listing we are showing select buyers.​ To access the address and financials please click "Sign CA" and once done, you will have access to the information.​ If you have any questions or concerns please call/email/text Shaun Miner at <a href="https://mailto:ShaunM@mhpvalue.com" target="_blank">ShaunM@mhpvalue.​com</a>.​</strong></p><p></p><p>This is a 100% occupied 14-site mobile home community located in Cheyenne, Wyoming.​ The property features 13 Park-Owned Homes and one tenant-owned home, with current rents below market with opportunity to increase NOI.​ Seven homes have been updated within the last three years.​ The property is served by city utilities.​ </p>