Park Place

<p>• Type: Age restricted 55+</p><p>• Size: 50 spaces</p><p>• Lot Size: Approximately 16.35 Acres</p><p>• County Use: 10 or more Mfg H</p><p>• APN: 1220-25-101-001</p><p>• Age: 1965 (estimated)</p><p>• Tenant Profile: 23 Singlewide, 23 Doublewide, 4 RV</p><p>• Water: Community Well</p><p>• Sewer: Septic</p><p>• Electric: NV Energy (invoiced directly to tenant)</p><p>• Natural Gas: NV Energy (invoiced directly to tenant)</p><p>• Park Owned Homes: 8</p><p>• Per Space: $105,000</p><p>• 100% Occupied.​</p><p>• Below market rents.​</p><p>• Upside potential.​</p>

<p>Note portfolio secured by new homes is also available.​ Inquire for additional details.​</p><p>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.​</p><p>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.​</p><p>West Wendover’s unique economic environment—anchored by casino resorts, hospitality operations, cross-state tourism, and its strategic location on I-80—drives a stable workforce population and persistent demand for attainable housing.​ With extremely limited development of new mobile home parks in the region, Santiago Wendover Estates stands as a secure, income-producing investment with built-in growth, long-term stability, and a strong foothold in one of Nevada’s most supply-constrained housing markets.​</p>

<p>Stabilized 55+ Mobile Home and RV Park in Searchlight Nevada with an average 5 year occupancy of 95.6%.​ This 21.46 acre park contains 59 mobile homes, 14 RV spaces and rental storage areas.​ Four additional cut pads are on-site for further expansion of the park.​ Public utilities include water, trash, and electric.​ Please contact the listing agent for further information and due diligence package.​ Please do not tour the park or speak to management without listing agent approval and coordination.​</p>

<p>30.17 acres of R2-zoned multi-family residential land in Jackpot, Nevada — directly adjacent to the active 55-acre Coyote Creek development.​ If you have been looking for a large, flexible development footprint in a growing Nevada market at a price that makes the numbers work, this is it.​</p><p>THE OPPORTUNITY</p><p>Nevada is facing the most severe affordable housing shortage in the nation — more than 78,000 units short statewide.​ In 2026, Governor Lombardo's Nevada Attainable Housing Act unlocked $133 million to fund new housing development across the state, with the highest demand in the multi-family and low-income housing categories.​ This 30-acre R2 parcel, with water and sewer available on the adjacent street, is positioned to capture that demand.​ The Coyote Creek development next door — 55 acres already under development — confirms this corridor is active and moving.​</p><p>WHAT YOU CAN BUILD</p><p>R2 Multi-Family zoning in Elko County permits a wide range of residential uses by right:</p><p>• Single-family and two-family dwellings — subdivide and sell individual lots</p><p>• Multiple dwellings / apartments — up to 4 stories / 50 ft height permitted</p><p>• Mobile home park — one of the highest-demand, lowest-cost development models in the U.​S.​ right now</p><p>• Tiny home community — must meet code and placement requirements</p><p>• Garden / orchard / field crop use — no building required</p><p>• Short-term vacation rentals — currently unrestricted in Jackpot</p><p>PROPERTY HIGHLIGHTS</p><p>• 30.17 acres · Zoned R2 Multi-Family Residential · Elko County, Nevada</p><p>• Terrain: Desert / Plain / Brush · Elevation: 5,240 ft · No flood zone · Minimal wetlands</p><p>• Lot dimensions: 1,105 ft N · 2,000 ft E · 700 ft S · 2,650 ft W</p><p>• Road access: Glendoran Dr.​ — dirt road, town-maintained</p><p>• Water and sewer available on Glendoran Dr.​ — contact Jackpot Public Works (775) 755-2448</p><p>• Electric: Raft River Rural Electric Co-op (208) 645-2211</p><p>• Annual taxes: $333.95 (2024) — taxes current through 2024 · No back taxes · No tax liens</p><p>• No HOA / POA identified · No CC&Rs identified</p><p>• GPS Center: 41.97177, <a href="-114.67297" target="_blank">-114.67297</a></p><p>LOCATION</p><p>Jackpot, Nevada sits on the Nevada-Idaho border along US-93, drawing visitors and workers from Twin Falls, Idaho (53 minutes north) and the broader Magic Valley region.​ The town is anchored by Cactus Pete's Resort Casino (1 mile, 2 min) and the Horseshu Hotel & Casino (1.1 miles, 3 min) — consistent employment and traffic drivers year-round.​ The Love's Travel Stop is 0.7 miles away.​ Town services, the school district, and Jackpot Golf Club are all within 5 minutes.​ Boise, Idaho is approximately 3 hours north.​</p><p>WHY THE DIRT ROAD IS AN ADVANTAGE</p><p>Access is via Glendoran Dr.​, a dirt road maintained by the Town of Jackpot.​ For a development parcel at this price point, that is actually a feature — it keeps land costs dramatically lower than a paved-road comparable, giving a developer more budget for infrastructure.​ Water and sewer are already available on the street.​ The access route from Highway 93 via Gurley Dr.​ to Persanti St.​ to Glendoran Dr.​ does not require NDOT permitting — a meaningful time and cost savings for any development project.​</p><p></p>