20-Unit Apartment Block, 100% Occupied - Ongata Rongai

Here's a solid investment opportunity that's already doing the work for you. This 20-unit apartment block sits on a quarter acre in a quiet, rapidly developing part of Ongata Rongai, just 200 metres from the main road. The best part? It's 100% occupied, bringing in KES 800,000 in monthly rent. That's KES 40,000 per unit, and the tenants are already in place.

About This Property

The complex sits on a generous quarter-acre plot with cabro-paved road access, so you won't have to worry about muddy days. Each unit has spacious bedrooms, with the master bedroom featuring an ensuite bathroom. The kitchens are modern and functional, each with an adjoining balcony. You get reliable borehole water supply and prepaid electricity meters in every unit. Security is taken care of with a 24/7 guarded gate and CCTV surveillance throughout. There's also plenty of parking for residents and visitors. The asking price is KES 130 million, slightly negotiable, and given the current occupancy and rental income, this one makes strong financial sense.

• 100% Occupied: All 20 units are tenanted with a mix of families and professionals, so you start earning from day one.
• Quarter-Acre Plot: The property sits on a generous quarter acre with cabro-paved road access, making it easy for tenants and visitors to come and go.
• Reliable Utilities: Borehole water supply and prepaid electricity meters mean consistent service and easy management for you.

Location & Neighbourhood

This property is in a serene, rapidly developing area of Ongata Rongai, just 200 metres from the main road. You're close to schools, hospitals, shopping centres, and public transport, which explains why the units are fully occupied. The area attracts a good mix of families and professionals, making it a desirable rental location. If you're looking for a turnkey investment with immediate returns, this is worth a serious look. Give me a call to arrange a viewing and see the numbers for yourself.