10bdrm Block of Flats in Utawala Kayole for sale

Presenting a high-yielding investment property strategically located in Utawala, just 700 meters from Shooters Inn along Kayole-Mihango Road. This well-established block of flats offers an incredible opportunity for investors seeking stable, passive income with immediate returns.

Property Highlights:

• Prime Location: Situated off Nairobi Eastern Bypass in Utawala Kayole
• Excellent Rental Income: Generating Ksh 410,500 monthly from current tenants
• Diverse Unit Mix: 18 one-bedroom units, 5 two-bedroom units, and 1 bedsitter
• Fully Occupied: All units currently tenanted ensuring immediate cash flow
• Secure Ownership: Ready title deed for the 40 by 60 plot
• Well-Maintained: Fairly used condition with 10 functional toilets
• Unfurnished Units: Allowing for flexible tenant arrangements

Investment Analysis:

This property represents a remarkable investment opportunity with proven rental performance. The current monthly income of Ksh 410,500 provides strong cash flow, making it an ideal addition to any investment portfolio. The property's location along the rapidly developing Nairobi Eastern Bypass corridor ensures continued appreciation and demand from tenants.

Priced at Kes 50,000,000, this turnkey investment requires minimal management while delivering maximum returns. The diverse unit mix caters to various market segments, reducing vacancy risks and ensuring consistent occupancy rates.

Don't miss this chance to own a income-generating property in one of Nairobi's most promising neighborhoods. Contact us today for a viewing and detailed financial analysis.