Two historic tax-credit properties in Hopewell’s walkable downtown, Butterworth and City Point, totaling 40 units, acquired off-market in May 2026 with no competing bidders. Both are among the nicest assets in a supply-constrained submarket and were fully occupied at close. Most units feature hardwood floors, in-unit laundry, stainless appliances, and strong natural light. Tack is executing targeted improvements while collecting immediate cash flow.

Hopewell, VA · 40 units · Acquired May 2026 · Stabilized, core-plus