Local investment firm buys 92-unit Pinellas County apartment complex for $13M

The price tag for Cottage Court might seem surprising, but it's not, says the brokerage behind the deal.

By Louis Llovio
| 11:50 a.m. May 9, 2022
| 0 Free Articles Remaining!

Cottage Court in Port Richey sells to Prosperity Capital Partners, a Pinellas County based investment firm.

Tampa Bay-Lakeland

A 92-unit apartment complex in Port Richey has sold for $13.34 million. Before you ask, the decimal point is in the correct spot.

Cottage Court, at 7110 Tudor Lane, was bought by the Pinellas County multifamily investment firm Prosperity Capital Partners. It is made up of one-story buildings featuring one- and two-bedroom bedroom apartments ranging from 676 square feet to 936 square feet. Rent, according to the complex’s website, starts at $845 per month.