28026 S Satsuma Road , Livingston, LA 70754 Photo
28026 S Satsuma Road , Livingston, LA 70754 Photo
28026 S Satsuma Road , Livingston, LA 70754 Photo
28026 S Satsuma Road , Livingston, LA 70754 Photo
28026 S Satsuma Road , Livingston, LA 70754 Photo
28026 S Satsuma Road , Livingston, LA 70754 Photo
28026 S Satsuma Road , Livingston, LA 70754 Photo

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28026 S Satsuma Road Livingston, LA 70754
$1,080,000
Active / MLS# 2577970 / Commercial - Business / Livingston
0 Beds
107203 SqFt

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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Property Details

Property Type: Commercial - Business
Lot Size: 2.8 ac
Stories: 1.0

Feature Descriptions

Days on Site: 3
Exterior: Aluminum Siding, Metal Siding, Vinyl Siding
Lot: 1 to 5 Acres, Outside City Limits
Lot Dimensions: 2.8 ac
Parking: Driveway
Sewer: Treatment Plant
Water: Public

Listed By / Shown By

Listed By

Agency Name: Elite Real Estate Advisors 
Agency Phone: (985) 542-7601

Shown By

Agency Title: John Weil Realty, LLC
Agency Phone: 504-512-6339

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