Apartment blocks for sale – Zimmerman

Details

We have two strategically located apartment blocks for sale in Zimmerman, both of which generate substantial rental income and have 100% occupancy. Each have an asking price of Kshs 100M.

See below for details on each property:

This apartment block is close to Base stage in Zimmerman and has 82 units; 1 bedsitter for caretaker and 81 – 1 bedroom apartments. It is 150 meters from the stage making it very attractive for tenants. Water is available via council and borehole. Current rental per unit is Kshs 12,000, hence total rent collected per month is Kshs 972,000.

This apartment block is 200 meters from Coop Bank Zimmerman. It has 76 units in total; 59 – 1br (kshs12000/month), 15 – 2br apartment (Kshs 16,000/month), 1 bedsitter used by caretaker.
Amenities: Zuku & VGG, Parking for 6 Cars. Water is available via council and borehole. Total collected rent per month is Kshs 948,000.