Studio Block of Apartments

A residential block of apartments for sale in kitengela, located just a few metres from Namanga highway and within the centre. The flat consists of 84 units of studio apartments and 1 shop making the total number of units 85,it sits on 0.04hectares with a ready title deed. The rental breakdown of the property is as follows;- 82 studios letting at ksh7k per month each and 1 shop letting at ksh8,500 per month. The other two units make up a store and the caretakers house. So the the total gross monthly income for the property is ksh582,500 and the flat is currently fully occupied. Amenities include;-

• Kitchen with Cabinets
• Underground water tank capacity of 30,000litres.
• overhead water tank capacity of 20,000litres.
• Rooftop terrace for hanging cloths.
• Water supply from three borehole sources connected.
• Prepaid electricity metres for each unit.

Asking price is ksh72M negotiable