703 E Costilla ST, Colorado Springs, CO 80903
703 E Costilla ST, Colorado Springs, CO 80903
703 E Costilla ST, Colorado Springs, CO 80903
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$399,000
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9,500 Sqft Lot
Active

703 E Costilla ST Colorado Springs, CO 80903

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Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Hillside

MLS Listing ID 3995094

HOA Y/N No

Lot Size 9,500 Sqft

Acres 0.22

Property Sub-Type Improved Land

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

Zoning C-6

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available

Waterfront Description Public

View City, Mountain(s)

Private Pool No

Building

Lot Description Level, Mountainous, Near Public Transit

Sewer Public Sewer

Water Public

Schools

School District Elementary: Colorado Springs 11, High: Colorado Springs 11

Others

Tax ID 64173-12-013

Special Listing Condition None Known


REColorado MLS
Listed byBetter Homes & Gardens Real Estate - Kenney & Co.

Nearby Locations

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Travis Hightower

Travis Hightower

+1(303) 829-7724

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TESTIMONIALS

Travis Hightower is an exceptional real estate professional. I worked with him on the sale of my condo, and his professionalism, initiative, and attention to detail were outstanding from beginning to end. Travis took ownership of the entire process. He coordinated the contractors, got the property market-ready quickly, and produced a listing that stood well above the competition. The photography and presentation were first-class. He even took the initiative to meet with the HOA to better understand the property's finances, future plans, and implications for residents. The results spoke for themselves. Despite listing in December, we were under contract within a week and closed in less than a month. We also achieved an excellent price, particularly considering a condo one building over sold for approximately 11% less just a few months later. I was traveling internationally during much of the process, but Travis and his team made everything straightforward. Communication was consistently clear, responsiveness was excellent, and the closing team was equally professional and reasonable in its fees. Real estate is clearly more than a profession to Travis. He lives and breathes it, and that commitment shows in the quality of his work, the people he surrounds himself with, and the results he delivers. Beyond his professionalism, Travis is genuinely warm, personable, and a pleasure to work with. He has a way of making you feel at ease and that you're in good hands. I couldn't be happier with the experience and would recommend Travis without hesitation.

James

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703 E Costilla ST