Kitengela
block of flats in Kitengela KSh34,000,000 - block of flats in Kitengela, Commercial, Residential
INCOME-PRODUCING APARTMENT BLOCK FOR SALE, KITENGELA TOWN, KENYA
Imagine owning a flat with some rental income; Kitengela is the place to be.
With the fast-growing population, an investment like this will help an investor retire early.
Own a fully tenanted residential block of flats in Kitengela, one of the main commuter towns serving Nairobi, and collect rent from day one.
The numbers:
Unit type-1-Bedroom
Qty-6
Rent/unit-16,000
Monthly Total (KSh)-96,000
Unit type-1-Bedroom
Qty-3
Rent/unit-14,000
Monthly Total (KSh)- 42,000
Unit type-Bedsitter
Qty- 4
Rent/unit-6,500
Monthly Total (KSh)-26,000
Unit type- 2-Bed
Rent -18,000
Monthly total -18,000
Total number of units -21
Total monthly –Kes 287,000.00
– Gross annual rent: KSh 3,444,000 (about USD 26,552)
– Asking price: KSh 34,000,000 (about USD 262,123), with room for a serious offer.
– Gross yield: about 10.1% before costs
Why it suits overseas investors.
– Tenants already in place. Nothing to build or wait for, and no vacancy to fill.
– Spread-out income. Twenty-one tenants mean one vacancy barely dents your returns.
– Affordable rents. Most units sit at KSh 14,000–16,000, in the range Kitengela’s working households can pay.
– Easy to run from abroad.
A local property manager can handle collection, maintenance, and reporting, and we can introduce you to one.
– Priced competitively. At about 10% gross, it’s in line with comparable Kitengela blocks.
Why Kitengela?
Kitengela is a fast-growing commuter hub along the Nairobi–Namanga Highway, with banks, shopping, schools, and strong rental demand.
Buyer’s checklist (we’ll provide on request)
– Title deed and ownership.
– Approvals, occupancy certificate, land rates clearance.
– Rent roll, lease agreements and payment history.
– Utilities (water, sewer, metering).
– Remote purchase support: virtual viewings, video walkthroughs, and referrals to advocates.
Foreign buyers and non-residents should confirm land tenure rules and rental income tax with a Kenyan advocate and tax adviser before purchase.
Viewings and enquiries (local and international, WhatsApp welcome):
0722 716182 | 0720 469 282sales@ownitkenya.com
Ownit Kenya connecting you to the right address.
