1bdrm Block of Flats in Sportview Estate, Kasarani for sale

Prime Investment Opportunity in Sportview Estate, Kasarani

This well-maintained block of flats presents an excellent income-generating property in the desirable Sportview Estate, Kasarani. Currently producing KSh 431,000 in monthly income, this is a turnkey investment opportunity priced at KSh 52,000,000.

Property Details

• Property Type: Block of Flats (Fairly Used, Semi-Furnished)
• Location: Sportview Street, Kasarani, Nairobi
• Units Breakdown:
  • 37 Bedsitters @ KSh 9,000 each
  • 7 Bedsitters @ KSh 8,000 each
  • 2 Shops @ KSh 10,000 each
  • 1 Large Shop @ KSh 15,000
• Total Monthly Income: KSh 431,000
• Facilities Include:
  • 24-hour electricity with pre-paid meters
  • Hot water supply
  • Tiled floors throughout
  • Modern kitchen cabinets
  • Dishwasher connections
  • Private balconies
• Additional Features: 1 toilet per unit, well-maintained common areas

Investment Highlights

This property offers investors immediate rental income with potential for appreciation in the rapidly developing Kasarani area. Sportview Estate is known for its convenient location with easy access to major roads, shopping centers, and amenities.

The diverse tenant mix (bedsitters and commercial spaces) provides income stability, while the pre-paid meters ensure minimal utility expenses for the landlord. With semi-furnished units and modern facilities, tenant turnover is minimized.

Don't miss this opportunity to own a profitable real estate asset in one of Nairobi's most promising neighborhoods!