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Fully stabilized 16-unit Bishop Arts portfolio | $189,626 NOI | 1031 eligible | OM available <p>15 of 16 units leased on 12–24 month terms — zero month-to-month exposure. </p><p>Stabilized NOI of $189,626 at a 6.9% cap rate on the $2,750,000 ask. </p><p>HOA fees are internal to a whole-portfolio buyer with no net outgoing expense. </p><p>One unit available at $1,300/month — immediate upside at closing. </p><p>Individually metered utilities eliminate owner exposure to tenant utility costs. </p><p>Tankless water heaters throughout. </p><p>Full renovation complete — granite countertops, mo
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.