20bdrm Block of Flats in Ruiru for sale

Exceptional Investment Opportunity in Prime Ruiru Location!

Presenting a highly profitable 20-bedroom block of flats strategically located just 300 meters from JKUAT's main gate. This accredited student hostel offers an outstanding investment property in Ruiru with immediate returns, currently generating Kes 1.5 million monthly from 219 fully occupied bedsitters.

Property Highlights:

• Prime Location: Only 3-minute walk to JKUAT main gate
• Steady Income: 219 bedsitters in Ruiru @ Kes 7,000 each = Kes 1.5M monthly
• Fully Occupied: 100% occupancy with consistent student demand
• Spacious Plot: 100x100 ft (quarter acre) with ample development potential
• Excellent Facilities: Spacious TV room with DSTV, reliable internet, water storage

Features & Amenities:

• Each unit includes bed, mattress, study desk, chair, and bookshelf
• Comprehensive security with CCTV surveillance and WiFi
• Adequate water storage and hanging lines
• 10 well-maintained toilet facilities
• Fully compliant with all necessary approvals and titles

This fairly used property represents a turnkey investment in one of Ruiru's most sought-after student accommodation zones. The consistent demand from JKUAT students ensures stable rental income with potential for growth.

Asking Price: Kes 130,000,000 (negotiable for serious buyers)

Don't miss this rare opportunity to own a proven income-generating property in Kiambu County's thriving educational hub. Perfect for investors seeking stable returns with minimal management overhead. Explore more apartment options in Kiambu for your portfolio.