Lots & Land-Other in Colorado Springs

price

$399,000|Listed: Apr 8, 2026

MLS#104278206

location

703 E Costilla Street, Colorado Springs, El Paso County, Colorado

Status:Active

Property Type

  • Acreage

Acreage

0 acres

County

El Paso

Format

Sale

Listing Courtesy of: Dan Jones, Better Homes and Gardens Real Estate Kenney & Company

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!

Bill Davis - ALC

Colorado Luxury Ranch + Land at KW Foothills Realty

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