Listed price in listed location currency (USD).
$1,080,000

000

MLS® 2577970

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 107203 sqft
Garage 
Taxes 
Days Active 20
Lot Size 0 Acres
Approx. Age 2020
Avg. Price Per Sqft $10
MLS® Number 2577970

Property Address: 28026 S Satsuma Rd, Livingston, LA, 70754-3156

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number2577970
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2020
Basement
DrivewayDriveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 18, 2026List Date
$1,080,000List Price
  • Commute

Commute

Starting Address
Destination Address
28026 S Satsuma Rd, Livingston, LA

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