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Cottage Court Apartments 7110 Tudor Ln 92 Unit Apartment Building For Sale Port Richey, FL 34668
Investment Highlights
- Compelling Going-In Return Profile: Strong going in positive leverage with significant upside potential through operational and interior enhancements
- Strong Amenity Offering: Community amenities include a clubhouse/leasing office and swimming pool, supporting resident retention and leasing velocity
- Close proximity to US-19, offering seamless connectivity for commuters, regional traffic flow, and access throughout Pasco and Pinellas Counties
- 1986-built single-story villa-style residences with brick façade, offering privacy, curb appeal, and a low-density community feel
- Existing In-Unit Laundry Capability: All units include washer/dryer connections, with appliances currently available for rent at $50/month
- Minutes from grocery stores, retail plazas, dining, and essential services along Ridge Road and nearby commercial corridors
Executive Summary
Cottage Court Apartments is a 92-unit villa-style community built in 1986 and located in a high-growth suburban submarket of the Tampa MSA. Positioned in the heart of Port Richey with convenient access to US-19, the property offers strong regional connectivity and proximity to retail, dining, and everyday conveniences within a stable residential neighborhood supporting long-term rental demand.
The single-story brick residences provide a desirable low-density feel with functional floor plans designed for everyday living. The asset offers a compelling going-in return profile with meaningful upside through a luxury-grade value-add program, including quartz countertops, LVP flooring, stainless steel appliances, shaker cabinetry, and upgraded fixtures. Additional revenue growth is supported through continued penetration of the washer/dryer rental program, with all units featuring connections and 23 units currently paying a monthly rental fee.
The single-story brick residences provide a desirable low-density feel with functional floor plans designed for everyday living. The asset offers a compelling going-in return profile with meaningful upside through a luxury-grade value-add program, including quartz countertops, LVP flooring, stainless steel appliances, shaker cabinetry, and upgraded fixtures. Additional revenue growth is supported through continued penetration of the washer/dryer rental program, with all units featuring connections and 23 units currently paying a monthly rental fee.
Property Facts
| Sale Type | Investment | Lot Size | 8.06 AC |
| No. Units | 92 | Building Size | 86,570 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1986 |
| Building Class | C | Parking Ratio | 1.16/1,000 SF |
| Zoning | MF1 | ||
| Sale Type | Investment |
| No. Units | 92 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 8.06 AC |
| Building Size | 86,570 SF |
| Average Occupancy | 96% |
| No. Stories | 1 |
| Year Built | 1986 |
| Parking Ratio | 1.16/1,000 SF |
| Zoning | MF1 |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Refrigerator
- Range
- Tub/Shower
- Walk-In Closets
Site Amenities
- 24 Hour Access
- Business Center
- Clubhouse
- Pool
- Tenant Controlled HVAC
- Grill
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | - | 676 |
| 2+2 | 72 | - | 936 |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 15-25-16-0010-02900-0010 | Improvements Assessment | $7,667,062 |
| Land Assessment | $483,000 | Total Assessment | $8,150,062 |
Property Taxes
Parcel Number
15-25-16-0010-02900-0010
Land Assessment
$483,000
Improvements Assessment
$7,667,062
Total Assessment
$8,150,062
Contacts
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Avery Jordan -
Darron Kattan -
Mark Savarese -
Cary Brown -
Eve Lowry -
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Cottage Court Apartments | 7110 Tudor Ln
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