Investment Property Details: 6-Floor Residential Flat in Kitengela CBD
This is a high-yield residential block situated in the heart of Kitengela’s central business district, offering immediate rental income and long-term capital appreciation.
Financial Overview
Asking Price: Ksh 90 Million
Monthly Income: Ksh 758,000
Occupancy Status: 100% Fully Occupied
Annual Yield: Approx. 10.1% ROI (excluding appreciation)
Location & Accessibility
Primary Location: Kitengela CBD.
Proximity: Situated approximately 100 meters from the Namanga Road tarmac.
Neighborhood: High-demand rental zone due to its proximity to major transport hubs, social amenities, and shopping centers.
Building Specifications
Structure: 6-Storey Residential Complex.
Design: Modern stone-finished exterior with a secure gated entrance.
Features:
Secure perimeter wall.
Private borehole on-site ensuring a consistent water supply for tenants.
Paved access roads leading directly to the property.
Roof-top terrace area potentially suitable for laundry or additional tenant amenities.
Strategic Advantage
Kitengela's CBD is a major commercial hub for the Nairobi metropolitan area. Properties this close to Namanga Road maintain near-zero vacancy rates due to the ease of commuting and access to local services. This flat represents a "turn-key" investment where the buyer begins collecting rent from day one of ownership.
Contact Information:
Phone:
0713 ****phone_0
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Email:
info@****email_0
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Web:
www.leno****link_1
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