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6501 Boca Raton Boulevard

NeuRock Capital Acquires 316-Unit Multifamily Property Trinity Heights In Fort Worth Texas
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:

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

Al Silva

Marcus & Millichap

Broker

$589.6M

vol

38 deals

Broker
NC
NeuRock CapitalBuyer

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