Colorado Springs, CO 80903,703 E Costilla ST
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$ 624,900
Est. payment | /mo

9,500 Sqft Lot


Save
$ 624,900
Est. payment | /mo
Save

9,500 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7590974

HOA Y/N No

Annual Tax Amount $3,155

Tax Year 2024

Lot Size 9,500 Sqft

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!

Location

State CO

County El Paso

Area Hillside

Exterior

Complex Features See Prop Desc Remarks

Building

Lot Description City View, Corner, Level, Mountain View, View of Pikes Peak, See Prop Desc Remarks

Water See Prop Desc Rem

Schools

School District Colorado Springs 11

Others

Special Listing Condition See Show/Agent Remarks

Pikes Peak MLS (PPAR)
Listed by RE/MAX Real Estate Group LLC
advisor-avatar

At EPIQUE Realty, we are dedicated to providing top-tier service, expert market knowledge, and a seamless buying or selling experience. Whether you're searching for your dream home or looking to sell for the best value, our team is committed to guiding you every step of the way. Fill out the form here to get started with Brandon and EPIQUE Realty today!

+1(719) 413-6610

brandonlecocq.co@gmail.com

1400 16th St, Denver, CO, 80202-1470, USA

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