Park Place Port Richey Apartments
420 units · Port richey, fl · purchased 2013
In 2013 Dorvidor purchased Park Place from CFH Group. The seller was ‘hands-off’ with the management of the property and many operational standards had been neglected. The property had not exceeded 85% occupancy in the previous 3-years. With effective Dorvidor attention to operational detail, the property is currently 99% occupied and NOI is up 160% in 3-years. The purchase closed in November of 2013 without delay or complication.