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28026 S Satsuma Road

Livingston, LA 70754
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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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,080,000

AD Id : 91342941

MLS Id : 2577947

Living Area Size : 107,203 Sq. Ft

Year Built : 2020

County : Livingston

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Feature Features

  • Interior Features

    Roof: Other
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2020
    Construction Materials: AluminumSiding, MetalSiding, VinylSiding
    Stories: 1
    Private Pool: No

  • Lot Information

    Lot Dimensions: 2.8 ac Lot Description: OneToFiveAcres,OutsideCityLimits

  • Listing Price Information

    Listing Price: $1080000

  • Tax Information

    Parcel Number: 0 Tax Legal Desc: 2.80 Acres Sec 10-7-4 Being tract J-5

  • Location Information

    Direction: I-12 W to Satsuma, so South, park mon right WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
20595 Blind Street, Livingston, LA, 70754 $279,000 3 2 1,960 0.51 Acre
23541 444 Highway Highway, Livingston, LA, 70754 $549,000 3 3 2,568 1.04 Acres
23656 La Hwy 42 Highway, Livingston, LA, 70754 $79,000 2 2 886 2 Acres
14488 Florida Blvd, Livingston, LA, 70754 $448,900 4 3 2,503 33,584.76 Sq. Ft
20718 Madison Ave, Livingston, LA, 70754 $519,000 4 4 2,944 29,925.72 Sq. Ft
20695 Vermont St, Livingston, LA, 70754 $549,000 4 4 4,277 17,424 Sq. Ft
20344 Tuscany Ct, Livingston, LA, 70754 $239,000 3 2 1,601 6,534 Sq. Ft
28280 Lake Salvador Dr, Livingston, LA, 70754 $235,000 3 2 1,498 14,374.80 Sq. Ft
25326 White Lake Ave, Livingston, LA, 70754 $235,000 3 2 1,388 9,147.60 Sq. Ft
25305 White Lake Ave, Livingston, LA, 70754 $240,000 3 2 1,479 11,199.28 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/05/2026 @ 07:29

MLS: 2577947 LISTED BY: Stephen Gillies, Elite Real Estate Advisors  985-542-7601 SOURCE: NOMAR

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