1/4 acre investment property in Milimani, Kitengela, less than 100m from Old Namanga Road and about 700m from National Bank of Kenya (NBK). Strong cash flow with room to expand.
Income and setup
• Monthly income: KSh 174,000
• 4 storey block in place
• 8 units of 2BR at KSh 18,000
• 2 units of 1BR at KSh 13,500
Upside
• Only 1/3 of the plot developed
• Space to add more units and increase yield
• High demand rental area near Rontech
Price
KSh 32M (Negotiable)