Updated Dec 29, 2025
Boulder Peak Capital Sells 300-Unit Multifamily Community In Justin Texas Through IPA Brokerage
810 Tally Boulevard
Units
300
Asset Type
MultiFamily
Closing
Dec 16, 2025
About this deal
AI
The transaction involved the sale of a multifamily asset with 300 units located at 810 Tally Boulevard in Justin, Texas. The property is classified as a Class A multifamily community and is situated in a high-growth North Fort Worth submarket.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 810 Tally Boulevard
- Market: Justin
- Units: 300
- Seller: Boulder Peak Capital
- Brokerage: Institutional Property Advisors
Institutional Property Advisors facilitated the transaction, representing seller Boulder Peak Capital and successfully procuring the buyer for the fully stabilized asset.
On the Map
MultiFamily
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Justin 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