Furnished 1bdrm Block of Flats in Ruaka, Kiambu / Kiambu for sale

This fully let apartment block presents an exceptional investment opportunity in the thriving Ruaka neighborhood. The property consists of 23 spacious one-bedroom units, all currently tenanted and generating a consistent monthly income of KES 507,000.

Property Highlights:

• Prime Location: Situated at 33 Ruaka in the heart of Kiambu's fast-growing residential and commercial hub
• Excellent Returns: Generates KES 507,000 in monthly rental income (KES 6,084,000 annually)
• Turnkey Investment: Fully furnished units ready for immediate income generation
• Spacious Units: Well-designed one-bedroom apartments with comfortable living spaces
• Stable Tenancy: Property is fully occupied with reliable tenants
• Fair Condition: Well-maintained building requiring minimal immediate upgrades

Investment Details:

Priced at KES 58,000,000, this property offers investors an excellent opportunity to acquire a income-generating asset in one of Kiambu's most sought-after areas. Ruaka has seen tremendous growth in recent years, with increasing demand for rental properties from both young professionals and students attending nearby institutions.

The fully furnished status of the apartments ensures higher rental yields and attracts quality tenants. With its current occupancy and income stream, this property represents a low-risk, high-reward investment for savvy real estate investors looking for investment properties in Kiambu.