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Active Land

703 E Costilla Street

Colorado Springs, CO 80903

RECOLORADO #3995094 Updated: May 19, 2026, 10:15pm
$399,000
0 Beds • 0 Baths • 0 SqFt
Property
ActiveLand
1/11
$399,000

703 E Costilla Street

Colorado Springs, CO 80903
0
Beds
0
Baths
0
SqFt
0.22
Acres
RECOLORADO
#3995094
Updated: May 19, 2026, 10:15pm

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!

Property Details

Construction
Also Marketed As
Land
Site & Exterior
Lot Features
LevelMountainousNear Public Transit
Lot Number
Yes
Lot Size Acres
0.22
Lot Size Area
9500
Lot Size Square Feet
9500
Lot Size Units
Square Feet
Sewer
Public Sewer
Utilities
Cable AvailableElectricity AvailableNatural Gas Available
View
CityMountain(s)
Water Included
Yes
Water Source
Public
Zoning
C-6
Financials
Contract Earnest Check To
Fidelity National Title
Contract Min Earnest
4000.00
Ownership
Corporation/Trust
Parcel Number
64173-12-013
Special Listing Conditions
None
Tax Annual Amount
3155
Tax Legal Description
LOT 1 BLK 3 HILLSIDE ADD COLO SPGS
Tax Year
2024
Title Company
Fidelity National Title

Neighborhood & Lifestyle

Community & Association
Subdivision Name
Hillside
Schools
Ratings
Elem. District
Colorado Springs 11
High District
Colorado Springs 11
Listing provided courtesy of RECOLORADO via IDX. Updated: May 19, 2026, 10:15pm.
Daniel Jones

Listing Agent

Better Homes & Gardens Real Estate - Kenney & Co.

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