Zurqui at Mohican: Renovated Mid City North Apartments
Multifamily | 52 Units
Marketing 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.
Offering Memorandum https://buildout.com/sharing/zurqui-at-mohican?file=3912923
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