Julie Chamberlain
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471 Grayson Way, Signal Mountain, TN 37377

$450,000
  • 471 Grayson Way, Signal Mountain, TN 37377 Main Photo

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New to the Market Active
BEDS6 BATHS3 full SQUARE FEET2,250 MLS#1529702
STATUSActive PROPERTY TYPEResidential - Farm

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.

471 Grayson Way | MLS# 1529702

This farm located at 471 Grayson Way, Signal Mountain, TN 37377 is currently listed for sale with an asking price of $450,000. This property was built in 1994 and has 6 bedrooms and 3 full baths with 2250 sq. ft. Search Signal Mountain real estate on juliec.crye-leike.com today.

Property Features

Property Type: Residential - Farm
Cooling: See Remarks
Garage: 2 car attached
Heating: Other
Lot Size: 1.77 Acres
Taxes: $186
Year Built: 1994

Feature Descriptions

Common Amenities: Other
Days on Site: 3
Exterior: Other
Exterior Amenities: Other
Flooring: Other
Lot: Other
Lot Dimensions: 145X181
Parcel #: 092 07112 000
Parking: Other
Utilities: Water Connected

Local Schools

High School: Sequatchie High
Middle School: Sequatchie Middle
Elementary School: Griffith Elementary School

Listed By / Shown By

Listed By

Agency Name: Oak and Willows Real Estate Collective PLLC
Agency Phone: 423-218-2212

Shown By

Agent Name: Julie Chamberlain
Agent Phone: (423) 240-6811
Agency Title: Crye-Leike Real Estate Services

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Source: CARMLS

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Estimated Payment

$ 1,148.25 per month $1,001.50 Principal & Interest $15.50 Property Tax $131.25 Homeowner's Insurance

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