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Apartment Block for Sale in Kamakis, Ruiru

Flat • For Sale
Trending
KSh150,000,000
Kulta-ID - 00889
0.2296 ac
KIAMBU
1
Bedrooms
1
Bathrooms
0.2296
ac
10
Stories

About This Property

53 Units. 100% Occupied. Zero Development Risk.

Most investors chase land banking and hope appreciation shows up eventually. This one skips the wait.

In Kamakis, Ruiru — one of the fastest-growing residential corridors off Thika Road — sits a 53-unit one-bedroom rental block that's already doing the job most developments spend years trying to reach: full occupancy, tenants in place, income landing every month without a construction timeline attached.

At the current rent of KSh 22,000 per unit, that's KSh 1.166M flowing in monthly — KSh 13.992M a year — before you've made a single change. Push rents to the KSh 25,000 mark many comparable units in the area already command, and the picture moves to KSh 1.325M monthly, KSh 15.9M annually. The upside isn't speculative; it's a rent review away.

For an investor who wants scale without fragmentation — one asset, one management structure, 53 income lines — this is the kind of property that gets acquired, not built.

53 One-Bedroom Units | 100% Occupied
Current Rent: KSh 22,000/unit
Current Income: KSh 1.166M/month (KSh 13.992M/yr)
Rent Upside: KSh 25,000/unit
Projected Income: KSh 1.325M/month (KSh 15.9M/yr)
ROI: 9.3% - 10.6%
Location: Kamakis, Ruiru 
Price: KSh 150M ONO |

Serious Operators, Talk to Roy and make this turn-key investment yours.

Property highlights

Key reasons buyers are interested in this listing

Rental demand

Active tenant interest area

For sale

Available for purchase

Prime location

Located in Kiambu

Listing activity

11 Views
0 Saves
0 Inquiries
1 Days listed

Location Details

Address: RXR7+FWV, Ruiru, Kenya
Town: KAMAKIS
County: KIAMBU
Constituency: RUIRU
Ward: BIASHARA

Property Location

Nearby places

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Distance and travel times will be powered by Google Places in a future update.

Listed by

Roy Ndichu

Roy Ndichu

Individual - Seller

Price: KSh150,000,000
Type: Flat
Purpose: For Sale
ID: Kulta-ID - 00889

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