80 Unit Apartment Block Investment Property

The apartment presents an excellent investment opportunity to acquire an established, income-generating apartment block in a strategic location in Kitengela, approximately 200 metres from Namanga Road and behind Kitengela Mall. The property comprises 80 units sold as one block, including residential apartments and commercial shops. Fully occupied and generating rental income, the development offers an opportunity for investors seeking an established rental property with a ready title. Property Features

• 80 units sold as one complete apartment block.
• 68 bedsitter units.
• 10 one-bedroom apartments.
• 2 commercial shops.
• Fully occupied with existing rental income.
• Ready title available.

Rental Income

• Monthly Gross Rental Income: Kes 561,500.
• Annual Gross Rental Income: Kes 6,738,000.

Available Property and Pricing

• Gideon Heights Apartment Block: 80 units, including 68 bedsitters, 10 one-bedroom apartments and 2 commercial shops.
• Asking Price: Kes 65,500,000, negotiable.

Payment Plan The current payment terms require confirmation with the seller or authorised representative. Prospective buyers should confirm the required deposit, payment arrangements and completion terms. Completion Date The property is an existing, income-generating development. Current occupation and handover arrangements are subject to confirmation. Viewing and Reservations

• Property viewings are available by prior arrangement.
• The apartment block is offered for sale as one complete investment property.
• Sale is subject to confirmation of availability, title documentation and agreed transaction terms.