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$399,000
Est. payment /mo
9,500 Sqft Lot
UPDATED:
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
Annual Tax Amount $3,155
Tax Year 2024
Lot Size 9,500 Sqft
Acres 0.22
Property Sub-Type Improved Land
Source recolorado
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
Interior
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available
View City, Mountain(s)
Garage No
Building
Lot Description Level, Mountainous, Near Public Transit
Sewer Public Sewer
Water Public
Schools
School District Colorado Springs 11
Others
Ownership Corporation/Trust
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
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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 by Better Homes & Gardens Real Estate - Kenney & Co.
Nearby School & Business
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8600 Park Meadows Dr #300, Lone Tree, CO, 80124, USA
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