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703 E Costilla Street

Colorado Springs, CO 80903
  • $399,000
  • STATUS: Active
  • ON SITE: 3 Days
  • ID#: 8066314
New On Site 3 Days Ago
UPDATED: 20 min ago
$399,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Better Homes and Gardens Real Estate Kenney & Company: 719-550-1515.

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 forbuilder 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!

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Pikes Peak Multiple Listing Service logo Tommy Daly Home Team with Re/Max Properties inc.- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. 2026-04-12T21:40:51.037.
www.tommydalyhometeam.com/homes/174969887
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703 E Costilla Street Colorado Springs, CO 80903

  • Price: $399,000
  • Status: Active
  • On Site: 3 Days
  • Updated: 20 min ago
  • ID#: 8066314
0
Beds
0
Baths
0
½ Baths
0.22
Acres
Neighborhood:
Hillside
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs 11
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 forbuilder 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!
Exterior Features

Features Extra Sewer Tap PaidWater Tap Paid Lot Description City ViewCornerLevelMountain View Lot Size 9500.0000 Lot Size Units SqFt Topography Level

Property Features

Association Fee 0.00 Association Fee Frequency Not Applicable Lot Location Near Fire StationNear HospitalNear ParkNear Public TransitNear SchoolsNear Shopping Center Notices Not Applicable Tax Amount 3155.02 Tax Year 2024 Terms CashConventionalOther Water See Prop Desc Rem



Pikes Peak Multiple Listing Service logo Tommy Daly Home Team with Re/Max Properties inc.- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. 2026-04-12T21:40:51.037.
 
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Tommy Daly Home Team with Re/Max Properties inc.
2630 Tenderfoot Hill St.
Colorado Springs CO, 80906
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Better Homes and Gardens Real Estate Kenney & Company: 719-550-1515.
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