Virginia is currently one of the most compelling markets for manufactured housing investors in 2025. With a statewide median home price of approximately $268,000 and average apartment rents climbing past $1,500, the demand for affordable alternatives has never been more urgent.

From the picturesque "Virginia Switzerland" mountains of Highland County to the industrial hubs of the Lynchburg MSA, the current listings on Mobile Home Park Store offer a mix of stable cash flow, value-add potential, and raw development opportunities.

1. Highland County Portfolio: Online Auction Opportunity

Location: 71 Myers Moon Road, Monterey, VA 24465

Listing ID: 6996500

Highland County is known as "Virginia’s Little Switzerland" for its stunning elevation and peaceful atmosphere. This established park is heading to an online auction, representing a rare "buy-right" opportunity for cash investors.

• Asset Mix: The property includes 17 mobile home sites plus two additional permanent homes and a 3-car garage, bringing the total to 19 units on 3 acres.
• Operational Ease: Unlike many rural parks that rely on private systems, this community features public water and public sewer.
• The Upside: With 6 vacant/unleased lots ready for infill, a new owner can immediately boost the occupancy from its current 70% to full capacity, significantly increasing the net yield.

2. Marysville MHP: A Stabilized Value-Add Asset

Location: 375 Marysville Road, Altavista, VA 24517

Price: $800,000 | Actual Cap Rate: 8.4% | Listing ID: 6977576

Located within the Lynchburg MSA—recently ranked as a "Hidden Gem Housing Market"—Marysville MHP is a 23-unit community that perfectly balances stability with growth.

• Strong Fundamentals: The park boasts an incredibly efficient 31.4% expense ratio, well below the industry average. It currently includes 14 tenant-owned homes (TOH) and 3 rent-to-own (RTO) units.
• Rent Optimization: The average lot rent of $415 is considered below market for the region. As the Lynchburg area continues to expand thanks to major employers like Liberty University and Centra Health, there is a clear path for rent growth.
• Immediate Infill: The sale includes 2 vacant park-owned homes and 3 additional vacant lots, providing a straightforward roadmap to 100% occupancy.

3. RT 40 Waverly: 250-Space Development Play

Location: US Rt. 40, Waverly, VA 23890

Price: $465,000 | Listing ID: 371193

For developers looking to build a high-scale community from the ground up, RT 40 Waverly is a rare "bare land" find.

• The Scale: This 68-acre parcel is already zoned R-2 (Manufactured/Mobile Home Park) and approved for up to 250 lots.
• Strategic Location: Situated in Sussex County, this site offers highway frontage on Rt. 40, making it an attractive location for commuters looking for affordable housing between the Richmond and Hampton Roads corridors.
• Development Value: Acquiring land already zoned for MHC use is becoming increasingly difficult in Virginia. This listing bypasses the hardest part of development: the entitlement process.

Why Buy Mobile Home Parks in Virginia Now?

Virginia's market dynamics in 2025 favor the MHC owner:

1. Affordability Gap: As 3-bedroom apartment rents in metros like Lynchburg and Northern Virginia continue to rise, the demand for mobile home living (where the "housing" portion of the payment is often half that of an apartment) remains at an all-time high.
2. Lender Desirability: Lenders view Virginia as a stable, diverse economy (military, education, and tech). This makes securing non-recourse or conventional financing for MHCs more accessible than in many other states.
3. Low Supply: Virginia has roughly 667 mobile home parks statewide. With new zoning for parks being notoriously difficult to obtain, existing parks (and already-zoned land like the Waverly listing) carry a built-in scarcity value.

Market Comparison

Whether you are looking for a small park with the safety of public utilities or a massive 250-unit development project, Virginia's manufactured housing sector offers a scalable path to wealth in the Southeast.

Visit the full directory of Virginia Mobile Home Parks to explore these listings in depth. 

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