0.22 Acres of Land for Sale in Colorado Springs, Colorado

703 E Costilla St, Colorado Springs, CO 80903

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$750,000
0.22 acres
Active sale$25k dropEst $7,163/mo

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 details

Coordinates
38.8275, -104.8131
Elevation
5,991 feet
MLS Number
PPAR 5434797
Date Listed

Parcels

  • 6417312013

Property taxes

2022
$1,542

This 0.22-acre property is located at 703 E Costilla St in Colorado Springs, CO 80903 with latitude 38.8275 and longitude -104.8131. The property is currently available for sale for $750,000 with a price per acre of $3,409,091. Listing data is sourced from Pikes Peak Association of Realtors # 5434797.

Verify sale details at the property source or contact eXp Realty - ROCC at (303) 882-1191.

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Copyright (C) 2024 Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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