Description

Looking for apartments for sale in Kitengela block that offer strong rental income and growth potential? This apartment block along Deliverance Road presents an excellent investment opportunity in one of Kitengela’s fast-growing areas. The property consists of 55 bedsitter units, each renting at Ksh 6,500, and 2 additional units renting at Ksh 10,000. With a total monthly income of Ksh 377,500, it provides a steady and reliable return, making it ideal for investors seeking immediate cash flow. The high occupancy rate reflects strong demand for affordable housing, a key advantage when considering apartments for sale in Kitengela block. Located in a well-developed neighborhood, the property enjoys easy access to transport, shops, schools, and other essential amenities. This convenience enhances tenant retention and ensures minimal vacancy rates throughout the year. Kitengela continues to grow rapidly due to its affordability and proximity to Nairobi, increasing the value of properties in the area. This makes investing in apartments for sale in Kitengela block a smart long-term decision. Priced at Ksh 40,000,000, this distress sale offers a rare chance to acquire a fully income-generating property at a competitive price.

Features & Amenities

Quick Answers

How much is this commercial properties in Milimani Kitengela?

The asking price is KSh 40,000,000. Sale price shown is the agent's asking price on Propertyfinder.

How many bedrooms and bathrooms does it have?

This property has 0 bedrooms and 50 bathrooms.

Where is this property located?

It is located in Milimani Kitengela, Kitengela, Kajiado.

Is this property still available?

Yes — this listing is currently available.

What payment terms are accepted?

Accepted payment terms: Cash and Mortgage.

What features and amenities are included?

Listed features include Security, Storage, Parking, Garden, Balcony, CCTV.