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703 E Costilla Street, Colorado Springs, CO, 80903

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703 E Costilla Street, Colorado Springs, CO, 80903

Beds
0 Baths
SqFt
0.22 Acres

Listing Id

7590974
$624,900

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!

Property Details
Price:
$624,900
MLS #:
7590974
Status:
Active
Baths:
0
Address:
703 E Costilla Street
Type:
Land
Subdivision:
Hillside
City:
Colorado Springs
Listed Date:
Mar 14, 2025
State:
CO
ZIP:
80903
Lot Size:
9,500 sqft / 0.22 acres (approx)
Interior
Exterior
Water
See Prop Desc Rem
Schools
School District:
Colorado Springs 11
Financial
Association Fee
0.00
Tax Year
2024
Taxes
$3,155

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disclosure
Courtesy of RE/MAX Real Estate Group LLC.
Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Pikes Peak, CO. Detailed information about real estate listings held by brokerage firms other than milehimodern include the name of the listing broker. Neither the listing company nor milehimodern shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Pikes Peak, CO. All rights reserved.
Rover IDX
703 E Costilla Street
Colorado Springs, CO