1bdrm Apartment in Kinoo for sale

Prime Investment Opportunity: High-Yield Apartment Block in Kinoo

This five-story apartment building presents an exceptional investment opportunity in the prime location of Kinoo along Waiyaki Way (Nairobi-Nakuru Highway). Currently generating a substantial monthly income of KES 650,000, this property offers both immediate returns and long-term appreciation potential.

Property Highlights:

• Prime Location: Situated along Waiyaki Highway in Kinoo with easy access to Nairobi
• Excellent Returns: Current monthly rental income of KES 650,000
• Spacious Compound: Built on a generous 50x100 foot plot
• Close to Amenities: Near shopping centers, schools, and transport routes

Unit Composition:

• 34 One-Bedroom Apartments - Spacious living with good rental demand
• 5 Special Studios - Premium studio units
• 5 Medium Studios - Mid-range studio options
• 5 Small Studios - Affordable options at KES 10,000 rent

Property Features:

• 24-hour reliable electricity
• Modern tiled flooring throughout
• Functional kitchens with cabinets and shelves
• Spacious wardrobes in all units
• Hot water systems installed
• Private balconies for most units
• Pre-paid meters for easy utility management

This fairly used property is currently unfurnished, allowing new owners to customize according to their preferences. The building's proximity to the tarmac road ensures excellent accessibility and visibility.

At KES 72 million, this apartment block represents a sound investment in Kiambu's growing real estate market. The current rental income offers an attractive yield, with potential for further value appreciation as the area develops.