A portfolio of 13 student rental cottages in Columbia, South Carolina, bought at roughly a 7% discount to market value.

Tucker had already personally purchased two cottages in the community, so had a deep understanding of the asset and was able to source the opportunity off-market.

Value was created by selling several of the smaller cottages for a profit and re-investing into larger, more profitable cottages without needing to invest any additional equity.

The portfolio sold in January 2023 and generated a 1.9x MOIC and a 76% IRR. Every investor rolled their proceeds into the next acquisition through a 1031 exchange.

Gross MOIC ~1.9x · Gross IRR ~76% · Hold ~15 months

Co-led by Tucker Thompson through Sweetbay Capital. Figures are gross and reflect Tucker's personal track record, not deals executed by Tack Capital.