APARTMENT BLOCK FOR SALE – ONGATA RONGAI

Asking Price: KSh 32,000,000

An income-generating apartment block in a prime location in Ongata Rongai, situated behind Exciting Hotel and approximately 100 metres from the tarmac.

The property sits on a spacious 100 × 100 plot and is fully occupied by tenants, providing an established rental income stream from the outset.

PROPERTY DETAILS

• Location: Ongata Rongai, behind Exciting Hotel
• Plot Size: 100 × 100
• Distance from Tarmac: Approximately 100 metres
• Occupancy: Fully tenanted
• Asking Price: KSh 32,000,000

UNIT MIX

• 4 One-Bedroom Units – KSh 15,000 per unit
• 8 Two-Bedroom Units – KSh 18,000 per unit
• 3 Bedsitter Units – KSh 10,000 per unit
• 2 Three-Bedroom Units – KSh 25,000 per unit

Reported Monthly Rent Collection: KSh 300,000

PROPERTY FEATURES

• Fully occupied rental units
• Reliable water supply
• Electricity supplied through prepaid tokens
• Water storage tower
• Perimeter wall
• Spacious 100 × 100 plot
• Excellent accessibility
• Approximately 100 metres from the tarmac
• Close to essential amenities
• Established rental income

INVESTMENT POTENTIAL

This property offers an opportunity to acquire an established, fully tenanted residential investment in Ongata Rongai. Its convenient location, diverse unit mix, existing tenant base, and reported rental income make it suitable for an investor seeking an income-generating apartment property.

The spacious plot also provides potential for future development or expansion, subject to planning and the relevant approvals.

ASKING PRICE: KSh 32,000,000

A fully tenanted apartment block with established rental income in a strategically located area of Ongata Rongai.