KSh 36,000,000
Hotel Property for Sale in Kenol, Murang'a
Kimorori/Wempa • 21 h ago
Boutique Hotel for Sale | Murang'a Town
1 / 5
Price Analysis Fair Price
Based on 53 similar listings
Market Demand
High Demand
Details
- Address
- muranga town
- Condition
- Fairly Used
- Furnishing
- Furnished
- Property Type
- Hotel
- Square meters
- 800 sqm
Boutique Hotel for Sale | Murang'a Town Highlights
- Prime Location: Properties in Murang'a Town benefit from accessibility and proximity to local amenities. This area is known for its commercial activity and growing infrastructure.
- Hotel Layout & Space: Hotels typically feature a reception area, guest rooms, dining facilities, and staff quarters. The 800 square meters suggests a substantial footprint for operations.
- Furnished Property: A furnished hotel means essential furniture and fixtures are already in place. This can significantly reduce the initial setup time and cost for a new owner.
- Condition Considerations: Properties described as 'fairly used' may require some updates or renovations. Buyers should assess the current condition to plan for any necessary improvements.
- Essential Utilities: Commercial properties require reliable access to water and electricity for continuous operation. It's important to verify the capacity and reliability of these services.
- Security Features: Hotels often incorporate security measures such as controlled access, surveillance systems, and on-site personnel. These are crucial for guest safety and property protection.
Description
• Prime Murang'a Town location with 8 fully-furnished ensuite rooms, each letting at KES 3,000 per night. • Guaranteed 50% occupancy projects KES 300,000 net monthly income from rooms alone. • Includes a fully operational restaurant, modern bar, and commercial kitchens. • Features tastefully manicured gardens and ample secure parking for guests. • Significant expansion potential for additional rooms or a conference facility. • Kitchen and bar sales currently cover all operational overheads, making room income pure profit. • Official valuation at KES 50 million, asking price KES 50 million, with a potential 10% discount for cash buyers. • Absentee ownership; hands-on management could potentially double income.
Compare
 This itemBoutique Hotel for Sale | Murang'a Town KSh 45,000,000 |  Hotel Property for Sale in Kenol, Murang'a KSh 36,000,000 |  Magnificent Commercial Hotel KSh 58,000,000 | |
|---|---|---|---|
| Condition | Fairly Used | Fairly Used | Fairly Used |
| Property Type | Hotel | Hotel | Hotel |
| Furnishing | Furnished | Furnished | Furnished |
| Address | muranga town | Along Kenol Dual carriage service lane. | 30403 Nakuru - Marigat highway |
| Square meters | 800 sqm | 836 sqm | 52,272 sqm |
| Price | KSh 45,000,000 | KSh 36,000,000 | KSh 58,000,000 |
