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Zurqui at Mohican: Renovated Mid City Complex 4380 Mohican Prescot Crossover 52 Unit Apartment Building $5,500,000 ($105,769/Unit) Baton Rouge, LA 70805
Executive Summary
Offering Memorandum https://buildout.com/sharing/zurqui-at-mohican?file=3912923
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.
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.
Property Facts
| Price | $5,500,000 | Apartment Style | Garden |
| Price Per Unit | $105,769 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.54 AC |
| No. Units | 52 | Building Size | 52,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2025 |
| Zoning | C1 - Light Commercial | ||
| Price | $5,500,000 |
| Price Per Unit | $105,769 |
| Sale Type | Investment |
| No. Units | 52 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.54 AC |
| Building Size | 52,000 SF |
| No. Stories | 2 |
| Year Built | 2025 |
| Zoning | C1 - Light Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Tile Floors
- Refrigerator
- Oven
- Freezer
- Vinyl Flooring
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Tenant Controlled HVAC
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 291 |
| 2+1 | 40 | - | 805 |
| 2+2 | 8 | - | 928 |
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Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00386820 | Improvements Assessment | $168,000 |
| Land Assessment | $3,696 | Total Assessment | $171,696 |
Property Taxes
Parcel Number
00386820
Land Assessment
$3,696
Improvements Assessment
$168,000
Total Assessment
$171,696
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Zurqui at Mohican: Renovated Mid City Complex | 4380 Mohican Prescot Crossover
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