703 E Costilla Street
For Sale

703 E Costilla Street

703 E Costilla Street, Colorado Springs, CO 80903

$535,000
Located on a corner lot in downtown Colorado Springs' beautiful Hillside community, this shovel ready, urban infill apartment complex offers 10 luxury, Class A units, with amazing mountain views and immediate proximity to downtown amenities. Take advantage of this property's Opportunity Zone tax benefits, which means you pay zero capital gains taxes on the sale after building and owning the apartments for ten years. This project is ready for builder permits, with all drawings and site variances approved and stamped by the city and tap fees already paid. As Hillside's future anchor point for urban living, all units will feature 9' interior ceilings, 8 tuck-under covered parking spots, 8 storage units, 8 bike storage units, a dedicated dog wash, and electric vehicle charging stations. Investment opportunities like this rarely make it to the open market. Make this one yours today!

9,500.44 Sq.Ft. lot

Features & Amenities

Area & Lot

  • Status For Sale
  • Lot Area9,500.44 Sq.Ft.
  • MLS® ID7590974
  • TypeLand
  • View DescriptionCity, Mountain(s)
  • School DistrictColorado Springs 11

Exterior

  • lot featuresCorner Lot, Level

Financial

  • Sales Price$535,000
  • Real Estate Tax $3,155/yr
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Schedule a Showing

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Thank you for your interest in 703 E Costilla Street, Colorado Springs, CO 80903. We are reviewing your request and will be in touch shortly!

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