703 E Costilla Street, Colorado Springs, CO 80903 (MLS # 8066314)

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PRICE $399,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 9,501 sqft

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!

DAYS ON MARKET 82 LAST UPDATED 4/8/2026
YEAR BUILT 0 COMMUNITY Hillside
COUNTY El Paso STATUS Active
PROPERTY TYPE(S) Lot/Land/Acreage


ADDITIONAL DETAILS
AREA Hillside
LOT 9500 sq ft
LOT DESCRIPTION Corner Lot, Level, Near Public Transit
TAXES 3155.02
UTILITIES Cable Available, Electricity Available, Natural Gas Available
VIEW Yes
VIEW DESCRIPTION City, Mountain(s)
WATER Public
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CONTACT US ABOUT 703 E COSTILLA STREET
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Listing provided by: Better Homes and Gardens Real Estate Kenney & Company, 7195501515
bridgeMLS

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