28026 S Satsuma Road, Livingston, LA 70754
Local realty services provided by:ERA TOP AGENT REALTY
28026 S Satsuma Road,Livingston, LA 70754
$1,080,000
- - Beds
- - Baths
- 107,203 sq. ft.
- Multi-family
- Active
Listed by: stephen gillies, sergio mesa
Office: elite real estate advisors
MLS#:2577947
Source:LA_GSREIN
Price summary
- Price:$1,080,000
- Price per sq. ft.:$10.07
About this home
Investment opportunity to acquire an established 18-site mobile home community in Livingston, Louisiana. Willow Springs MHC offers a straightforward lot-rental model with zero park-owned homes or notes, providing investors with a simplified operating structure and limited exposure to home maintenance and turnover costs. The community is currently 100% occupied, with lot rents at $450 per month. Willow Springs features paved interior roads, off-street parking, a master water meter, and a recently refurbished oxidation pond and collection tanks. The property is situated in Flood Zone AE. Offered at $1,080,000, or $60,000 per existing site, pricing is based on $450 monthly lot rents, a 5% vacancy and delinquency allowance, and a 30% operating expense assumption, resulting in an approximately 6% capitalization rate. With full occupancy, strong collections, no park-owned homes, and recently improved infrastructure, Willow Springs MHC offers investors a stabilized, low-maintenance community with a solid existing income stream and potential for continued long-term growth....
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Home facts
- Year built:2020
- Listing ID #:2577947
- Added:11 day(s) ago
- Updated:September 18, 2026 at 11:53 PM
Rooms and interior
- Living area:107,203 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Year built:2020
- Building area:107,203 sq. ft.
- Lot Features:Outside City Limits
- Architectural Style:Mobile Home
- Construction Materials:Aluminum Siding, Metal Siding, Vinyl Siding
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Treatment Plant
Finances and disclosures
- Price:$1,080,000
- Price per sq. ft.:$10.07
Parking
- Parking description:Driveway
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