5920 Farmville Rd, Farmville, VA 23901
MULTI_FAMILY - Farmville, VA
Property Features for 5920 Farmville Rd
General Information
Utilities
Building Details
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Investment Insights
Based on property information with market context.
Utilities and site services are supported by a high-flow artesian well that serves all 15 units with metered billing for the first 1,500 gallons, plus a grandfathered septic system serving the full property. Cooling is provided via window units and the main residence has an asphalt roof.
The seller notes a 9-cap yield based on stabilized rents, and the property is described as requiring additional capital investment to reach stabilization.
Key Highlights
- Fifteen‑unit portfolio includes a renovated 1930s main home plus 14 single‑wide mobile homes
- 30x50 metal shop with 12' ceilings and two attached 12x24 sheds with office potential
- High‑flow artesian well serving all 15 units with metered billing for the first 1,500 gallons
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Demographics for 23901, VA
Market
Vacancy Rate% for Multifamily in South region