6 Unit apartment block for sale in Ntinda Kampala

Property Description: Luxurious 6-Unit Apartment Block in Prime Ntinda Location

Overview:
Discover a fantastic investment opportunity with this elegant and fully-occupied 6-unit apartment block, ideally situated in the upscale neighborhood of Ntinda. This meticulously maintained property offers an exceptional combination of comfort, convenience, and potential for increased returns. Listed at UGX 1 billion, this property is a lucrative addition to any investor’s portfolio.

Key Features:

1. Prime Location:
– Located in the heart of Ntinda, a vibrant and highly sought-after area known for its secure and serene environment.
– Just a stone’s throw away from the main tarmac road, ensuring easy access to major transport routes and amenities.
– Features three convenient access points, enhancing its appeal to tenants.

2. Property Details:
– Situated on 20 decimals of private mailo land, offering ample space and a secure land tenure.
– The property boasts a private mailo land title, ensuring clear ownership and ease of transaction.
– Each unit is self-contained, providing tenants with privacy and comfort.

3. Income Potential:
– Fully occupied with each unit generating UGX 1.5 million per month, totaling UGX 9 million in monthly rental income.
– With full occupancy, the property yields a stable and attractive rental income.
– Potential for increased returns if units are fully furnished, making it an excellent investment for those looking to maximize income.

4. Quality Construction:
– The apartment block features high-quality construction with attention to detail, ensuring durability and low maintenance costs.
– Modern design and high-quality finishes appeal to discerning tenants, enhancing rental value.

5. Neighborhood and Amenities:
– Located in a fantastic neighborhood known for its tranquility and security, making it a preferred choice for tenants.
– Close proximity to shopping centers, schools, hospitals, and entertainment spots, offering tenants convenience and an enhanced living experience.

6. Investment Highlights:
– Consistent rental income with potential for growth.
– Strong demand for rental units in Ntinda, ensuring low vacancy rates.
– Opportunity to increase rental income through furnishing and additional value-added services.

Investment Analysis:
– Current Monthly Rental Income: UGX 9 million
– Potential Monthly Rental Income (Furnished): Higher than current, depending on furnishing quality and market demand.
– Annual Rental Income: UGX 108 million (current)

By investing in this 6-unit apartment block, you are securing a property with robust income potential, located in one of Ntinda’s most desirable areas. The strategic location, combined with the quality construction and strong rental demand, makes this property a compelling investment opportunity.

For more information or to schedule a viewing, please contact us.