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3 Star Hotel in Upperhill

Milimani, Upperhill, Nairobi

KSh 260,000,000

4655 sqm

Property Details

Price KSh 260,000,000
Type
Hotel For Sale
Key Details
4,655 sqm property size
Property ID 19575199
Status Text_only
Category Commercial for Sale
Property Specifications
Size Unit Square Meters (m²)
Essential Details
Condition Newly-Built
Furnishing Unfurnished
Last Updated Jul 21, 2026

About this property

We are pleased to present this exclusive distressed sale of a newly-built 3-star hotel in Upperhill's prestigious Milimani area. This prime commercial property represents an exceptional investment opportunity at just KES 260 million - a fraction of its KES 800 million market value.

Property Highlights:

  • Prime Location: Situated in Nairobi's premium Upperhill neighborhood, Milimani
  • Generous Size: 0.38-acre parcel with 47 well-appointed rooms
  • Proven Income: Average monthly revenue of KES 8 million
  • New Construction: Recently completed, unfurnished for your customization
  • Ample Parking: Secure parking for 10+ vehicles
  • Distressed Price: KES 260M (67% below market value)

Investment Potential:

This property offers investors immediate cash flow potential with its established monthly income of KES 8 million. The unfurnished condition allows for customization to your brand standards or potential upgrades to 4-star status. Upperhill's central business district location ensures consistent demand from both business and leisure travelers.

With commercial properties in this area appreciating steadily, this represents a rare chance to acquire a premium asset at an unprecedented price point. The property's newly-built status means minimal maintenance costs and maximum ROI potential.

Act now - opportunities like this in Nairobi's most sought-after commercial district don't last long! Explore more investment properties in Nairobi.

Key Features & Amenities

Parking
Restaurant/Cafe

Approximate location

Approximate area shown

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Property reference: 19575199

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