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Listed by Daniel Jones Better Homes and Gardens Real Estate Kenney & Company
$399,000
Est. payment /mo
9,500 Sqft Lot
Active
703 E Costilla Street Colorado Springs, CO 80903
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8066314
HOA Y/N Yes
Annual Tax Amount $3,155
Tax Year 2024
Lot Size 9,500 Sqft
Acres 0.2181
Source Pikes Peak REALTOR® Services
Property Description
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!
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!
Location
State CO
County El Paso
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available
Road Frontage City/Town Road
Building
Lot Description City View, Corner, Level, Mountain View
Water See Prop Desc Rem
Schools
School District Colorado Springs 11
Others
Tax ID 6417312013
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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