SOLDMultiFamily
NeuRock Capital Acquires 316-Unit Multifamily Property Trinity Heights In Fort Worth Texas
6501 Boca Raton Boulevard
Building Size
—
Asset Type
MultiFamily
Closing
Jul 8, 2026
AI
The transaction involved a 316-unit multifamily property known as Trinity Heights, located at 6501 Boca Raton Boulevard in Fort Worth, Texas. The property spans approximately 13 acres and was acquired by NeuRock Capital from a Dallas-based investment company. The marketing process lasted for four weeks, resulting in a total of 11 offers for the asset.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 6501 Boca Raton Boulevard
- Market: Fort Worth, TX
- Units: 316
- Acres: 13
- Buyer: NeuRock Capital
- Seller: Dallas-based investment company
- Brokers: Al Silva & Ford Braly - Marcus & Millichap
Marcus & Millichap's Al Silva and Ford Braly represented the seller in this transaction and were instrumental in procuring the buyer. Their effective marketing strategy led to a competitive bidding environment, resulting in a successful sale.
Players
Fort Worth MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93