Furnished 1bdrm Block of Flats in Zimmerman for sale

This fully occupied, income-generating block of flats presents a golden investment opportunity in one of Nairobi's most sought-after neighborhoods. The property boasts an impressive monthly rental income of KSh 562,000 with consistent occupancy.

Property Highlights:

• 57 total units - 55 one-bedroom apartments in Zimmerman and 2 bedsitters
• Stable rental income - KSh 10,000/month for 1BR and KSh 6,000/month for bedsitters
• Fully let - No vacancy risk, immediate cash flow
• Title deed available - Clear ownership and transfer process
• Prime Zimmerman location - High demand rental area with excellent amenities
• Furnished units - Ready for tenants, minimal upkeep
• Fairly used condition - Well-maintained property with good structural integrity

Investment Benefits:

This turnkey property offers investors immediate returns with minimal management requirements. The current rental income represents an attractive 12.3% annual yield on the asking price of KSh 55,000,000. Zimmerman's growing popularity ensures consistent tenant demand and potential for rental appreciation.

The property at 33 Zimmerman benefits from proximity to shopping centers, schools, and transport routes, making it highly desirable for tenants. With all units already occupied, the new owner can enjoy passive income from day one. Explore more investment properties in Nairobi for similar opportunities.