Listing Agency: Real Broker LLC

Listed By: Bryan Rodriguez · License #CO 100077794

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Sep 1 at 10:28AM

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Investment Insights

Based on property information with market context.

This apartment building concept features four stories of residential units arranged above one level of partial underground parking. The property is identified at 535 E Costilla St in Colorado Springs, Colorado.

Key Highlights

• Four stories of apartment units
• One level of partial underground parking
• Located at 535 E Costilla St, Colorado Springs, CO 80903

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Pharmacy Electrical Service Garden Center Carpet & Flooring Store Kitchen & Bath Showroom Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,814

Businesses Nearby

Explore this area Business Placement

Demographics for 80903, CO

15,944

Population

8,340

Households

1.9

Avg Household Size

34

Median Age

39%

College-Educated

95%

High-School Grad

5.4 sq mi

ZIP Area

2,953

Density / Sq Mi

$59,292

Median Household Income

$35,251

Median Earnings

$1,221

Median Rent

$420,000

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Four-story residential concept with one level of partial underground parking.

Where is this apartment building located?

The property is located at 535 E Costilla St Colorado Springs, CO.

What are key features of this property?

This property features: Four stories of apartment units; One level of partial underground parking; Located at 535 E Costilla St, Colorado Springs, CO 80903