A landmark investment opportunity is now available in the rapidly growing Muthiga area. These two blocks of studio apartments sit on a quarter-acre plot just off the Nairobi-Nakuru Highway in Muthiga, Kikuyu. Consequently, they offer exceptional accessibility and visibility.
The property features two modern residential blocks with a combined total of 195 studio units. Therefore, this represents one of the largest income-generating assets currently available in this corridor.
Property Composition:
First Block: 5 storey complex with 90 studio apartments
Second Block: 7 storey complex with 105 studio apartments
Total Units: 195 studio apartments
Monthly Income: Ksh 2,300,000
Apartment Features:
Each studio unit comes complete with a kitchen, balcony, and toilet. Consequently, tenants enjoy comfortable, self-contained living spaces.
Building Amenities:
Borehole water ensures reliable supply throughout the year
Safaricom fibre provides high-speed internet for all tenants
Ample parking accommodates residents and visitors
Rooftop terrace offers additional recreational space
Key Highlights:
Prime location just off the Nairobi-Nakuru Highway in Muthiga
195 studio units generating substantial monthly income
Two modern blocks on a single quarter-acre plot
All vital documents available for smooth ownership transfer
High tenant demand in the Muthiga growth corridor
Proven income stream with immediate returns
Location Advantages:
Muthiga is experiencing rapid growth along the Nairobi-Nakuru Highway. This location ensures excellent connectivity to Nairobi’s CBD, Kikuyu town, and beyond. Additionally, the area hosts numerous schools, shops, and employment centers. As a result, tenant demand remains consistently high throughout the year.
Investment Analysis:
With 195 units generating Ksh 2.3 million monthly, this property delivers exceptional returns. The studio apartment model appeals to single professionals, students, and young couples. Furthermore, the borehole and fibre connectivity reduce operating costs while attracting quality tenants.
Selling Price: Ksh 235,000,000
Contact – UrbanGreen Real Estate
Call/WhatsApp: +254 759 822 955
Email:Â sales@urbangreenrealestate.co.ke
Visit:Â www.urbangreenrealestate.co.ke
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