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.