1.3 Acres of Residential Land for Sale in Siloam Springs, Arkansas

Value is in the land. Currently there is a duplex at 2209 and a single family house at 2211. Both addresses share one parcel. 1.25 acres. Agent Owned. This parcel was previously approved by the City of Siloam Springs for a significant development project. It was approved for 16 units of townhouses. They were designed to all have 2 bedroom/1 bathroom units to be marketed to the university students for "student housing". The civil engineering and floor plans can be provided. The project name was to be Eagle's Nest. Named after the JBU Mascot. The property is less then .4 mile walk to JBU and it is directly off the paved walking trail. Currently there is a renters living in the duplex. The house is vacant. The house was renting for $1,150 and $750 for each unit in the duplex. Best use for this property is redevelopment and structures need to be demolished. All utilities are on site. Also listed as Residential MLS 1268401