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Mobile Home & RV Park with Metal Shop
For Sale
$429,900

5920 Farmville Rd, Farmville, VA 23901

MULTI_FAMILY - Farmville, VA

Property Size1,850 SF
Lot Size2.82 Acres
Price / SF$232.38
Days on Market60

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 Bathroom 10, Bedroom 21, Bedroom 16, Bathroom 3, Bedroom 11, Bathroom 4, Bathroom 5, Bedroom 25, Bedroom 22, Bathroom 1, Bedroom 5, Bathroom 9, Bathroom 7, Bathroom 13, Bedroom 15, Bedroom 2, Bathroom 14, Bedroom 6, Bedroom 3, Bedroom 10, Bathroom 11, Bedroom 23, Bedroom 4, Bedroom 7, Bedroom 19, Bedroom 24, Bedroom 1, Bathroom 6, Bathroom 2, Bedroom 9, Bedroom 20, Bedroom 14, Bedroom 18, Bathroom 8, Bedroom 12, Bedroom 13, Bathroom 12, Bedroom 8, Bedroom 17
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: Aug 4 Last Checked: Aug 11 at 11:06PM
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 mobile home and RV park portfolio totals 15 units on one parcel, including a renovated 1930s main home and 14 single-wide mobile homes. Unit bedroom/bath configurations are described as 2/1 to 2/1.5, and properties are in various stages of condition. One unit has fire damage requiring removal and replacement. The property includes a 30x50 metal shop with 12' ceilings and two attached 12x24 sheds that offer office potential.

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

Property Analytics

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

149
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

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 - Fifteen-unit mobile home and main-home portfolio on a shared metered artesian well with grandfathered septic.
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: 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
More about this property
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