Income Generating Apartment Building for Sale

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Price Analysis Above Market

Based on 287 similar listings

Negotiation Tips

Price is significantly above market

Suggested offer: KSh 16M

Potential discount up to 60%

Market Demand

High Demand

Details

Toilets
4
Bedrooms
4
Bathrooms
4
Condition
Fairly Used
Furnishing
Unfurnished
Listing by
Agent
Property Type
Apartment
Property size
200 sqm
Property Address
Zimmerman

Income Generating Apartment Building for Sale Highlights

  • Apartment Living: Apartments often offer a more compact and low-maintenance lifestyle compared to standalone houses. They can be a good option for urban dwellers seeking convenience and shared amenities.
  • Spacious Layout: A 4-bedroom apartment typically provides ample living space, suitable for larger families or those desiring extra rooms for guests, home offices, or hobbies. This layout offers flexibility in usage.
  • Multiple Bathrooms: Having four bathrooms in an apartment significantly enhances convenience and privacy for residents. This is particularly beneficial in multi-occupancy households, reducing morning rush hour conflicts.
  • Unfurnished Property: An unfurnished apartment allows buyers to personalize the space entirely with their own furniture and decor. This offers greater freedom in interior design and can sometimes reduce the overall purchase price.
  • Agent-Listed Properties: Listings by agents often provide professional assistance with property viewings, negotiations, and legal paperwork. Agents can offer market insights and streamline the buying process.

Description

• Multi-storey apartment building comprising 10 four-bedroom units, plus additional 2-bedroom, 1-bedroom, and bedsitter units. • Property size is 200 square meters, offering a mix of unit types for diverse rental income. • Each 4-bedroom unit includes 4 toilets and 4 bathrooms, providing ample facilities for tenants. • Located in Zimmerman, Nairobi, a developing suburb with good access to amenities and transport links. • The property is currently generating rental income, presenting a strong investment opportunity. • Condition is fairly used, indicating the building has been occupied and maintained over time. • Unfurnished units allow tenants to personalize their living spaces. • Clean title deed available, ready for transfer to the new owner.

Compare

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ConditionFairly UsedRenovatedFairly Used
Property TypeApartmentMaisonetteHouse
Bedrooms445
Bathrooms434
FurnishingUnfurnishedUnfurnishedSemi-Furnished
Toilets434
Listing byAgentAgent
Property size200 sqm250 sqm3,200 sqm
Property AddressZimmermanLavingtonSantana
PriceKSh 40,000,000KSh 33,000,000KSh 35,000,000