$750,000
Active
46 Days Online
0 Beds0 Baths0 SQFT
Active

703 E Costilla Street Colorado Springs, CO 80903

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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!

  • Property TypeLand
  • NeighborhoodN/A
  • CountyEl Paso
  • Taxes$1,541
  • HOA/Condo/Coop Fees$0
  • Days on Site45 Days
  • MLS StatusActive
  • MLS ID Number5434797
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.22 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Acreage 0.22
  • Water NoneSee Remarks
  • Property Sub Type Unimproved Land
  • Utilities Cable AvailableElectricity ConnectedNatural Gas Available

Exterior Features

  • Exterior Sewer Tap PaidWater Tap Paid
  • Lot City ViewCornerLevelMountain View

Community Features

  • Association Dues 0

Schools

School District
Colorado Springs 11
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$3,644
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