$450,000

471 Grayson Way, Signal Mountain, TN 37377

  • 6 beds |
  • 3 baths |
  • 2,250 sqft
  • Property Icon Ranch Property
  • Property Year Built Icon Built in 1994
  • Property Lot Size Icon1.77acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $200/sqft
  • Property List Date Icon Listed 23 days ago

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.

Listing Status:
Active
Date Added:
March 4, 2026
Data Last Updated:
March 25, 2026 at 4:36AM
Listing Office:
Oak and Willows Real Estate Collective PLLC : 423-218-2212
MLS ID:
1529702
  • Flooring: Other
  • A/C: See Remarks
  • Heating: Other
  • General: Other
  • Parking: Other
  • General: OtherSee Remarks
  • Golf: Other
  • Originating MLS: Greater Chattanooga REALTORS®
  • County: Sequatchie
  • Zoning: 092 07112092 07112 000
  • Fencing: Other
  • Utilities: Water Connected
  • Water: Public
  • Sewer: Septic Tank
  • Source: Greater Chattanooga REALTORS®

This listing courtesy of Oak and Willows Real Estate Collective PLLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Griffith Elementary School

173 Jones Dr, Dunlap, TN, 37327

Grades PK-4

11.95 miles away

S

Sequatchie County Middle School

7079 State Route 28, Dunlap, TN, 37327

Grades 5-8

11.80 miles away

S

Sequatchie County High School

523 Highway 28, Dunlap, TN, 37327

Grades 9-12

11.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.