| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Best |
| Demographics | 68th | Best |
| Amenities | 56th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6755 Ridgmar Blvd, Fort Worth, TX, 76116, US |
| Region / Metro | Fort Worth |
| Year of Construction | 2010 |
| Units | 101 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6755 Ridgmar Blvd Fort Worth Multifamily Opportunity
Positioned in an A-rated inner suburb with strong amenities and a high-cost ownership landscape, the asset targets a deep renter base and steady leasing demand, according to WDSuite’s CRE market data. Newer construction relative to nearby stock supports competitive positioning while neighborhood occupancy trends call for attentive lease management.
The property sits in an A-rated Inner Suburb of Fort Worth that ranks in the top quartile among 561 metro neighborhoods, signaling durable fundamentals for multifamily investors. Compared with the metro’s older inventory (average vintage 1986), the 2010 construction offers a newer profile that can compete effectively for tenants while still allowing selective upgrades over the hold.
Local amenity access is a relative strength: restaurants and cafés score above national medians (nationally, both are in the mid-to-high 80th percentiles), and pharmacy density is notably strong (around the mid-90s nationally). Park space and formal childcare options are limited within the neighborhood, so marketing may lean on nearby citywide offerings rather than immediate block-level features.
Housing dynamics point to a sizable tenant pool. The neighborhood’s renter-occupied share is high at the neighborhood level, indicating depth for multifamily demand and potential retention advantages during typical turnover. Neighborhood occupancy sits below the national median, suggesting investors should plan for active leasing, thoughtful concessions strategy, and close renewal management to sustain stabilization.
Within a 3-mile radius, demographics show a larger and gradually expanding population with households increasing over the last five years and projected to accelerate ahead, implying ongoing renter pool expansion. Income levels have trended higher and are forecast to grow further, and elevated home values (upper-80s national percentile at the neighborhood level) characterize a high-cost ownership market that tends to reinforce reliance on rental housing. These factors collectively support demand for professionally managed apartments and steady absorption for well-positioned assets.
Neighborhood safety indicators are mixed in a metro and national context. The area’s crime profile ranks 217th out of 561 Fort Worth–area neighborhoods, indicating conditions that warrant standard multifamily security practices and resident engagement. Nationally, property crime levels sit in a lower safety percentile, while violent offense rates compare somewhat better and have improved over the last year.
For investors, the takeaway is operational: emphasize lighting, access control, and community presence, and monitor trends that have recently moved in a favorable direction. Comparative data points suggest the neighborhood is below national safety medians today, but year-over-year improvement provides a constructive directional signal.
Proximity to diversified employers supports renter demand through commute convenience and sector breadth, including industrial components, homebuilding, and corporate services. The list below highlights nearby anchors most relevant to workforce housing and professional tenants.
- Parker Hannifin Corporation — industrial & motion control (2.2 miles)
- D.R. Horton — homebuilding (5.9 miles) — HQ
- Ball Metal Beverage Packaging — manufacturing (9.6 miles)
- Gamestop — retail corporate offices (22.7 miles) — HQ
- American Airlines Group — aviation corporate offices (22.9 miles) — HQ
2010 vintage, 101-unit scale, and an A-rated Inner Suburb location combine to position the asset competitively against older neighborhood stock. Elevated neighborhood home values and a high renter-occupied share indicate depth in the tenant base, while 3-mile demographics show population and household growth that should expand the renter pool. Based on commercial real estate analysis from WDSuite, neighborhood occupancy trends sit below national medians, so performance will hinge on disciplined leasing and renewal execution.
The forward outlook is supported by improving incomes within 3 miles and forecast rent growth at the area level, while limited nearby park/childcare infrastructure and mixed safety metrics underscore the need for resident-experience investments. The newer construction should reduce near-term capital exposure relative to older comparables, with targeted upgrades available to sharpen competitive positioning.
- Newer 2010 construction versus neighborhood average, supporting competitive leasing with selective value-add upside
- High renter-occupied share at the neighborhood level suggests a deep tenant base and demand resilience
- 3-mile demographics point to household and income growth, reinforcing renter pool expansion and absorption
- Elevated home values and high-cost ownership context support rental reliance and potential pricing power
- Risks: below-national-median occupancy, limited parks/childcare locally, and below-average safety require active operations