113 Appomattox St 7 Unit Apartment Building For Sale Farmville, VA 23901

Place at 113 Appomattox St, a fully renovated 7-unit multi-family complex situated directly in the heart of Farmville, Virginia – adjacent to Longwood University. The 7 units are comprised of 14 beds, serving as a home away from home to current Longwood students. With a view of campus from the front porch, this property extends convenience and escape for students as they navigate through the ever-evolving scheduling of the college school year experience.
The asset was first purchased in 2021 and began to see its transformation shortly after in 2022. Originally constructed in 1880 as a single-family residence, the property has since been embraced not only for its newly created potential but also its preserved historic charm. Each of the 7 units offer two beds and one bath, complimented by a fully equipped kitchen and in unit washer and dryer. Rounding out each student tenant’s rental package is a parking space in the private lot in the rear of the property.
This offering presents as an opportunity to acquire a fully stabilized investment property that exclusively caters to Longwood students looking for non-university housing. Conveniently located up the hill from campus, tenants are reassured of a comfortable commute to class as well as a needed break from college dorm life. Fully renewed leases for the 2026-2027 school year reflect consistent demand for student off campus housing, though University Place at 113 Appomattox St distinguishes itself from surrounding competition through its fully renovated units, inclusive rent packages, and ideal location.
Longwood University is among Virginia’s most reputable colleges, having grown rapidly over the past decade in student enrollment, campus involvement, and alumni engagement. Correspondingly, the town of Farmville has seen growing appeal in addition to being historically known for its convenient placement as a central market to the major surrounding cities of Richmond, Charlottesville, and Lynchburg. As student housing continues to grow increasingly desirable across all markets, this opportunity presents a rare and rewarding chance to invest into that demand.