4380 Mohican-Prescott Crossover
Property Description
Zurqui at Mohican is a fully renovated 52-unit multifamily property located in Baton Rouge’s Mid City North submarket. The unit mix includes studio and 2-bedroom floorplans, each outfitted with stainless steel appliances, quartz countertops, and in-unit laundry. Recent improvements include energy-efficient LED lighting, modern HVAC systems, and updated interiors. Several rents are below market rate, presenting an immediate opportunity to increase rental rates. Operating at market rates, the pro forma yields a NOI of $389,412.84. Positioned just minutes from Airline Hwy, I-110, and I-10, the property benefits from strong connectivity to major employment hubs and citywide amenities.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $5,500,000 |
| No. of Units: | 52 |
| Opportunity Zone: | No |
| Price per unit: | $105,769 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
1411 S 9TH STREET
Monroe, LouisianaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout