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Watkins Realty Buys The Lakes at Port Richey Apts

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Watkins Realty Services LLC acquired the 288-unit The Lakes at Port Richey apartments at 8228 Chasco Woods Blvd. in Port Richey, FL for $ 29 million, or about $ 101,000 per unit, from Aspen Square Management. The 264,168-square-foot multifamily community consists of one-, two- and three-bedroom units in 24 buildings. It was built in 1989 on 23.8 acres. The asset was 98 percent occupied at the time of sale. The buyer secured $ 22.25 million…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

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