703 E Costilla Street
Colorado Springs, CO 80903
- – beds
- – baths
- – sqft
- 9,500 sqft lot
- – on site
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!
Last checked:
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Last updated Mar 14, 2025
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MLS# 7590974 —
Interior
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Features Extra:See Prop Desc Remarks
Location
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Latitude:38.827466
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Longitude:-104.813088
The Property
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Property Type:Land
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Lot Description:City View, Corner, Level, Mountain View, View of Pikes Peak, See Prop Desc Remarks
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Lot Size:9500
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Lot Location:Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center
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Lot Size Area:9500.00
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Lot Size Units:SqFt
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Acres Total:0.2181
Listing Agent
- Contact info:
- Agent phone:
- (719) 310-3651
- Office phone:
- (719) 534-7900
Taxes
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Tax Year:2024
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Tax Amount:$3,155.02
Utilities
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Water:See Prop Desc Rem
Schools
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School District:Colorado Springs 11
The Community
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Association Fee Frequency:Not Applicable
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/13/25
Mar 13, 2025
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Listed / Active | PPMLS | $624,900 | |
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9/15/23
Sep 15, 2023
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Listed / Active | RECOLORADO | ||
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6/8/23
Jun 8, 2023
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Listed / Active | PPMLS |
