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$ 399,000
Est. payment | /mo
9,500 Sqft Lot
$ 399,000
Est. payment | /mo
9,500 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Hillside
MLS Listing ID 3995094
HOA Y/N No
Lot Size 9,500 Sqft
Acres 0.22
Property Sub-Type Improved Land
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!
Location
State CO
County El Paso
Zoning C-6
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available
Waterfront Description Public
View City, Mountain(s)
Private Pool No
Building
Lot Description Level, Mountainous, Near Public Transit
Sewer Public Sewer
Water Public
Schools
School District Elementary: Colorado Springs 11, High: Colorado Springs 11
Others
Tax ID 64173-12-013
Special Listing Condition None Known
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byBetter Homes & Gardens Real Estate - Kenney & Co.
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