28026 S SATSUMA RD, Livingston, LA 70754
28026 S SATSUMA RD, Livingston, LA 70754
28026 S SATSUMA RD, Livingston, LA 70754
28026 S SATSUMA RD, Livingston, LA 70754
28026 S SATSUMA RD, Livingston, LA 70754
28026 S SATSUMA RD, Livingston, LA 70754
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Shelly Paternostro

Shelly Paternostro

+1(504) 382-7777
Listed byElite Real Estate Advisors • Stephen W Gillies • 985-542-7601
$ 1,080,000
Est. payment | /mo

107,203 SqFt

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$ 1,080,000
Est. payment | /mo
Save Virtual Tour

107,203 SqFt

Key Details

Property Type Commercial

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

ROAM MLS

NEARBY SCHOOLS & PROPERTIES

Shelly Paternostro

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”
–Franklin D. Roosevelt

+1(504) 382-7777

shellypaternostro@me.com

203 Bradwall Street Luling, LA 70070, Luling, LA 70070, USA

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28026 S SATSUMA RD