Prime Development Opportunity: 15-Unit Apartment Block in Rimpa

16,000,000
sale
471 Property ID
100 SqFt Size

Description

Location:** Along Oloosurutia Road, Rimpa Ongata Rongai , Kenya

Description:

Seize an exceptional investment opportunity with this nearly complete 15-unit apartment project on a prime ¼ acre plot in the rapidly growing area of Kiserian. The foundation for a significant return is already laid, making this a turnkey venture for the astute investor.

The property boasts a fully completed perimeter wall with a secure gate, ensuring privacy and security. Infrastructure is in place with a 3-phase power connection and two large, ready-to-use septic tanks.

**Current Status & Key Features:**

*   **Land:** Spacious ¼ Acre freehold title.

*   **Units:** Project comprises 15 two-bedroom units.

*   **Construction Progress:**

*   Foundation and structural works fully complete.

*   One sample 2-bedroom unit is fully finished and ready for occupancy.

*   A separate 1-bedroom caretaker’s unit is also complete.

*   **Utilities:** 3-phase power already connected. Two installed septic tanks.

*   **Security:** Entire plot is secured with a perimeter wall and a main gate.

*   **Approvals:** All necessary building plans are approved and ready.

This project is ideal for an investor looking to minimize construction time and capitalize on the high rental demand in Rimpa. Complete the remaining units and start earning income immediately.

Asking Price:** KES 16,000,000 (Or Nearest Offer)

Address

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