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28026 S Satsuma Road, 
Livingston, LA 70754

$1,080,000


—

Bed


—

Bath


107,203

Sq Ft


Multi-Family

Active

Listed by

Stephen Gillies

, 

Sergio Mesa

Elite Real Estate Advisors

985-542-7601

Last updated:

October 9, 2026, 04:34 PM

MLS#

2577947

Source:

LA GSREIN

About This Home

28026 S Satsuma Road

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.

Home Facts

Multi-Family

Built in 2020

Price Summary

1,080,000

$10 per Sq. Ft.

MLS #:

2577947

Last Updated:

October 9, 2026, 04:34 PM

Added:

22 day(s) ago


Rooms & Interior

Interior

Living Area:

107,203 Sq. Ft.


Structure

Structure

Architectural Style:

Mobile Home

Building Area:

107,203 Sq. Ft.

Year Built:

2020


Finances & Disclosures

Finances

Price:

$1,080,000

Price per Sq. Ft:

$10 per Sq. Ft.

Source:LA GSREIN
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.