About this Auction
Address: 401 E Twin Springs St, Siloam Springs, AR
Directions: From E Main St, turn S on S Washington St. Turn W on E Twin Springs St.
Exceptional investment opportunity in the heart of downtown Siloam Springs! This unique Victorian-style property is currently configured as a 10-unit rental complex featuring six 1-bedroom, 1-bath units, three studio units, and one 2-bedroom unit, offering outstanding income-producing potential. With approximately 4,372 square feet, the property provides multiple avenues for investors, developers, or owner-users.
Significant improvements have already been completed, including a replaced roof, numerous updated windows, and extensive interior remodeling throughout the property. Continue operating as an apartment complex and capitalize on the strong rental demand in downtown Siloam Springs, or explore alternative uses such as converting the property back into a grand single-family residence, professional office space, boutique business, mixed-use development, or other approved uses.
This property is being offered at auction with an opening bid of just $100,000, creating an incredible opportunity to purchase a downtown income-producing property at your price. The combination of historic Victorian charm, substantial updates, flexible layout, and prime downtown location makes this a rare opportunity with tremendous upside potential and cash flow possibilities.
10% buyer’s premium
The parking lot to the east of the property is not included in this auction.
- See the “Terms and Conditions” section for a full list of terms.
- All announcements day of sale supersede this ad.
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