3 Star Hotel in Upperhill

(0)

Milimani, Upperhill 3 views Mar 12, 2025

KES 260,000,000 Selling

Overview
Last Updated Mar 12, 2025
Property ID 19575199
CategoryCommercial Property for Sale
PriceKES 260,000,000
Square Metres4655 sqm
Parking Spaces10+
Description

Premium 3-Star Hotel Investment Opportunity in Upperhill

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!





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