About This Home

This land at 703 E Costilla Street in Colorado Springs, CO is listed for $399,000 (0.22 acres).

Key Features

  • 0.22 acre lot
Listing 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

703 E Costilla Street

Colorado Springs, CO 80903

Questions & Answers

This 0-bedroom, 0-bathroom land at 703 E Costilla Street is listed at $399,000. The estimated monthly payment is $2,134 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.22 acre lot.

This property is listed by Daniel Jones.

DJ

Daniel Jones

Agent at Kenney & Company

Listed by Kenney & Company · Broker phone: (719) 550-1515 · View on Broker Site · Broker website

MLS# 8066314· Source: elevateMLS· 8 days on PropertySimple

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703 E Costilla Street, Colorado Springs, CO 80903

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