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15-Unit Mobile Home Park Portfolio
For Sale
$429,900

5920 Farmville Rd, Farmville, VA 23901

Residential Income, Farmville, VA

Property Size1,850 SF
Lot Size2.82 Acres
Price / SF$232.38
Days on Market107

Property Features for 5920 Farmville Rd

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 25
Bathrooms 14
Full bathrooms 9
Half bathrooms 5
Rooms Bedroom 24, Bathroom 12, Bedroom 4, Bathroom 6, Bedroom 17, Bathroom 4, Bathroom 9, Bedroom 2, Bedroom 19, Bathroom 2, Bedroom 6, Bedroom 3, Bedroom 12, Bathroom 1, Bathroom 13, Bathroom 7, Bedroom 14, Bedroom 1, Bathroom 11, Bedroom 5, Bedroom 13, Bedroom 8, Bedroom 23, Bedroom 10, Bedroom 15, Bedroom 25, Bedroom 11, Bedroom 21, Bedroom 7, Bathroom 8, Bedroom 20, Bathroom 3, Bedroom 18, Bedroom 22, Bathroom 10, Bedroom 16, Bathroom 14, Bedroom 9, Bathroom 5
Subdivision Prince Edward
Standard status Active
Size 1,850 SF
Lot size 2.82 Acres

Utilities

Cooling system Window Unit(s)
Water source Well

Building Details

Year built 1930
Roof type Asphalt
Listing Agency: New Leaf Real Estate
Listed By: Mike Guess · License #0225244582
Added: Jun 13 Changed: Sep 15 Last Checked: Sep 27 at 12:06PM
MLS# 59811

Copyright © 2026 South Central Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2.82-acre mobile home and RV park property includes 15 residential units on one parcel: a renovated 1930s main home and 14 single-wide mobile homes. Unit layouts range from two bedrooms and one bathroom to two bedrooms and one-and-a-half bathrooms, with conditions varying across the portfolio. One mobile home has fire damage and requires removal or replacement.

A 30-by-50-foot metal shop with 12-foot ceilings is supported by two attached 12-by-24-foot sheds that may accommodate office space. The property is served by a high-flow artesian well with metered billing and a grandfathered septic system serving all 15 units. The main residence contains 1,850 square feet and has window-unit cooling. The property is located at 5920 Farmville Rd in Farmville, Virginia, with an asphalt roof and a 1930 construction date.

Key Highlights

  • 15 residential units on 2.82 acres
  • 14 single‑wide mobile homes plus a renovated 1930s main home
  • 30x50 metal shop with 12' ceilings

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Building Supply Auto Repair Shop (Bike/Boat/Book/etc) Store Furniture & Home Goods Grocery & Convenience Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 23901, VA

14,967
Population
6,561
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
86%
High-School Grad
193.2 sq mi
ZIP Area
77
Density / Sq Mi
$51,992
Median Household Income
$30,813
Median Earnings
$878
Median Rent
$220,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Mixed residential improvements include a renovated 1930s home, single-wide mobile homes, and a metal shop with attached sheds.
Where is this mobile home & rv park located?
The property is located at 5920 Farmville Rd Farmville, VA.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 15 residential units on 2.82 acres; 14 single‑wide mobile homes plus a renovated 1930s main home; 30x50 metal shop with 12' ceilings
More about this property
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