18 units apartment for sale in Mengo Kampala

Prime Apartment Building for Sale in Mengo, Kampala

Location: Mengo, Kampala
Property Type: Residential Apartment Building
Total Units: 18 Units
Unit Type: 3-Bedroom Self-Contained Apartments
Plot Size: 30 Decimals (approx. 0.75 acres)
Land Tenure: Private Mailo Land Title
Monthly Rental Income: UGX 44,000,000
Asking Price: $1,500,000 USD

Exceptional Investment Opportunity in the Heart of Kampala

Seize the chance to own a prime piece of real estate in Mengo, one of Kampala’s most coveted residential areas. This 18-unit apartment building offers a unique blend of luxury, convenience, and high returns, making it an ideal addition to any property portfolio.

Key Selling Points:

1. Unmatched Location:
– Immediate Access to Tarmac: The property is strategically situated with zero distance to the tarmac road, ensuring easy access and enhanced property value.
– Proximity to Key Amenities: Enjoy the convenience of being close to shopping centers, top-rated schools, hospitals, and recreational facilities, making it highly attractive to tenants.
– Desirable Neighborhood: Mengo is renowned for its serene environment, making it a preferred residential area for families and professionals alike.

2. Premium Construction and Design:
– Modern Architecture: The building features a contemporary design with high-quality finishes that appeal to discerning tenants.
– Spacious and Comfortable: Each of the 18 units includes three bedrooms, all self-contained, providing ample space and privacy.
– Enhanced Security: The property is equipped with 24/7 security, secure parking, and well-maintained common areas, ensuring a safe and comfortable living environment.

3. Lucrative Financial Returns:
– High Rental Income: Generate a robust monthly rental income of UGX 44,000,000, translating to a significant annual return on investment.
– Strong Occupancy Rates: The high demand for quality housing in Mengo ensures consistently high occupancy rates, providing stable and predictable income.
– Capital Appreciation: The prime location and high-quality construction position the property for significant appreciation, enhancing long-term investment value.

4. Appeal to Diverse Tenant Profiles:
– Ideal for Families: Spacious three-bedroom units are perfect for families seeking a secure and comfortable home.
– Attractive to Professionals: Proximity to Kampala’s business district makes it a top choice for professionals and expatriates looking for convenient housing options.

5. Comprehensive Facilities:
– Full Utilities and Services: Each apartment is fully equipped with reliable water supply, electricity, and waste management services.
– Community Amenities: Landscaped gardens, recreational spaces, and dedicated maintenance staff ensure a pleasant living experience.

Invest in a prime property that guarantees high returns and long-term value. This apartment building in Mengo, Kampala, is the perfect opportunity for savvy investors looking to expand their real estate portfolio. Act now to secure this exceptional investment.