471 Grayson WAY, Signal Mountain, TN 37377
471 Grayson WAY, Signal Mountain, TN 37377
471 Grayson WAY, Signal Mountain, TN 37377
471 Grayson WAY, Signal Mountain, TN 37377
471 Grayson WAY, Signal Mountain, TN 37377
471 Grayson WAY, Signal Mountain, TN 37377
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$ 450,000
Est. payment | /mo

6 Beds

3 Baths

2,250 SqFt


Save
$ 450,000
Est. payment | /mo
Save

6 Beds

3 Baths

2,250 SqFt

Key Details

Property Type Vacant Land

Sub Type Farm

Listing Status Active

Purchase Type For Sale

Square Footage 2,250 sqft

Price per Sqft $200

MLS Listing ID 1529702

Bedrooms 6

Full Baths 3

Year Built 1994

Lot Size 1.770 Acres

Acres 1.77

Lot Dimensions 145X181

Property Sub-Type Farm

Source Greater Chattanooga REALTORS®

Property Description

This is a high-yield, utility-ready portfolio designed for the sophisticated mobile home investor. Situated in the sought-after Signal Mountain market, this offering consists of three distinct parcels, each providing independent infrastructure that drastically reduces the barrier to entry and ongoing overhead. Unlike typical park deals, this property offers the autonomy of individual land ownership with the scalability of a multi-unit operation.

The first parcel features a 3-bedroom, 2-bathroom double-wide that is fully renovated and ready for immediate tenant placement. The second parcel contains a 3-bedroom, 1-bathroom single-wide, also in rent-ready condition. Both existing units have been professionally detitled, streamlining the path for conventional financing or a clean future exit.

The third parcel is a prepared, vacant lot that serves as the immediate value-add play. It is already equipped with its own dedicated power pole, water connection, and septic system. This allows an investor to move a third unit onto the site and achieve a 100 percent occupancy rate without the typical delays associated with permitting and utility installation.

The strategic layout of separate utilities for every lot ensures simplified management and clear cost allocation. With all units currently vacant, the buyer can set market-rate rents from day one in a location known for high demand and limited inventory. This is a rare, plug-and-play assembly of assets that balances immediate cash flow with significant equity upside.

Location

State TN

County Sequatchie

Area 1.77

Interior

Heating Other

Cooling See Remarks

Flooring Other

Fireplace No

Heat Source Other

Exterior

Exterior Feature Other

Parking Features Other

Garage Spaces 2.0

Carport Spaces 1

Garage Description Attached, Other

Community Features Other

Utilities Available Water Connected

Total Parking Spaces 2

Garage Yes

Building

Lot Description Other

Foundation See Remarks

Sewer Septic Tank

Water Public

Structure Type Other

Schools

Elementary Schools Griffith Elementary School

Middle Schools Sequatchie Middle

High Schools Sequatchie High

Others

Senior Community No

Tax ID 092 07112 000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Greater Chattanooga Association of REALTORS(GCAR MLS)
Listed by Oak and Willows Real Estate Collective PLLC

Schools and Properties Nearby

Joyce Houk

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471 Grayson WAY