703 E Costilla Street, Colorado Springs, CO

$399,000

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0.22

Acres

About 703 E Costilla Street

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!

Features of 703 E Costilla Street

MLS® # 8066314
Price $399,000
Acres 0.22
Type Land
Status Active

Community Information

Address 703 E Costilla Street
Area Hillside
Subdivision Hillside
City Colorado Springs
County El Paso
State CO
Zip Code 80903

Amenities

Utilities Cable Available, Electricity Available, Natural Gas Available
Has Pool No

Interior

Fireplace No
Has Basement No

School Information

District Colorado Springs 11

Additional Information

Short Sale No
RE / Bank Owned No
HOA Fees Freq. Not Applicable
Financing Available Cash, Conventional, Other

Listing Details

OfficeBetter Homes and Gardens Real Estate Kenney & Company
Contact Info719-550-1515

Listing Map

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