NEW 6 HRS AGO

For sale

$1,080,000

Est. $7,379/mo —

Studio

•

— ba

•

107,203

sq ft

28026 S Satsuma Rd, Livingston, LA 70754

About this home

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.

Multi-familyProperty Type

2020Year Built

$10Price/Sq.Ft.

1 spaceParking

Listed by Stephen Gillies • Elite Real Estate Advisors

Listed by Sergio Mesa • Elite Real Estate Advisors

Listing updated: Sep 18, 2026 at 08:10pm

Redfin checked: 2 minutes ago

•Source:GSREIN #2577947

Payment calculator

$7,379 per month

Principal and interest$5,894

Property taxes

$999

HOA dues

Home insurance

$486

Utilities

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Next available date: Saturday, September 19

Open houses

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Around this home

Schools

K - 12
Preschool & daycare

Frost School

Public PreK-8 • Assigned • 4.6mi

9/10

Doyle High School

Public 6-12 • Assigned • 4.5mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Average condition

Heating & cooling
Central heating
Central air conditioning

Sale and tax history for 28026 S Satsuma Rd

Sale History
Tax History

Date

Event

Price

GSREIN #2577947

Sep 18, 2026

Listed

$1,080,000

$10/sq ft

AcadianaMLS #NO2577947

Sep 18, 2026

Listed

$1,080,000

$10/sq ft

Public record

Public record
Zoning

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Total Sq. Ft.

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Year built

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Style

Multi-Family (2-4 Unit)

County

Livingston Parish

APN

Parking Spaces

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Basement

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Accessible

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HOA Dues

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Last updated by owner on Sep 18, 2026.

C-1

Commercial-Light Commercial District

The purpose of C-1 is to provide a variety of light commercial activities including warehousing and distribution. This promotes major retail, office and services that generate high traffic volume and require easy access to a major highway or interstate roads.

Permitted uses

Include but are not limited to:

Automotive sales
Gas station
Bank
Convenience store
Day care facility
General retail
Restaurant
Hospital / medical center
Warehouse
Office

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

8/10 Heat Factor

7 days above 108° expected this year, 21 days in 30 years

9/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Livingston, LA • 70754

Average low and high temperatures (°F)

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Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Redfin Estimate for 28026 S Satsuma Rd

$1,086,558

$6,558 over list price of $1.08M

Nearby comparable homes

The Redfin Estimate uses 5 recent nearby sales, priced between $307K to $370K.

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8 years older
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4 beds2.5 baths2,460 sq ft
22616 Timber Ridge Dr, Denham Springs, LA 70726
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SOLD MAY 15, 2026
$330,000 Last sold price
3 beds2.5 baths1,803 sq ft
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13 years older
SOLD JUL 26, 2026
$306,500 Last sold price
4 beds2 baths1,874 sq ft
24306 Steller's Sea Dr, Denham Springs, LA 70726
$154/sq ft
6 years newer
SOLD SEP 10, 2026
$370,000 Last sold price
3 beds2.5 baths2,186 sq ft
25041 Joe May Rd, Denham Springs, LA 70726
$159/sq ft
32 years older

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