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About This Home
This land at 703 E Costilla Street in Colorado Springs, CO is listed for $399,000 (0.22 acres).
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!
Key Features
- 0.22 acre lot
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 $1,729 based on 20% down at 6.5% interest.
Key features include: 0.22 acre lot.
This property is listed by Daniel Jones and can be reached at (719) 550-1515 or Danjonesre@gmail.com.
