28026 S SATSUMA RD, Livingston, LA 70754
28026 S SATSUMA RD, Livingston, LA 70754
28026 S SATSUMA RD, Livingston, LA 70754
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Rhondalyn Williams

Rhondalyn Williams

+1(225) 301-6614
Listed byElite Real Estate Advisors • Stephen W Gillies • 985-542-7601
$1,080,000
Est. payment /mo
107,203 SqFt
Save Virtual Tour

UPDATED:

Key Details

Property Type Other Types

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 107,203 sqft

Price per Sqft $10

MLS Listing ID 2577970

HOA Y/N No

Year Built 2020

Lot Dimensions 2.8 ac

Property Sub-Type Commercial

Source ROAM MLS

Land Area 107203

Property 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.

Location

State LA

County Livingston

Zoning RES

Direction I-12 W to Satsuma, so South, park mon right

Interior

Fireplace No

Exterior

Utilities Available Natural Gas Not Available

Garage No

Building

Water Public

New Construction No

Others

Virtual Tour https://www.propertypanorama.com/instaview/roam/2577970

Read Less Info
ROAM MLS

Nearby Locations

Rhondalyn Williams
Rhondalyn Williams

Agent License ID: 9956845

+1(225) 301-6614 | rhondawmsagent@gmail.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Rhondalyn Williams, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.