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Apartment block
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This property presents a unique opportunity for investors seeking a GOOD DEAL. This very nice and well-built apartment block comprises of 6 fully furnished double rooms, each self-contained. Situated on a spacious 50x100ft plot with a private mailo land title, this property is located in the highly sought-after area of upper Muyenga. With an asking price of 1.3 billion Ugandan shillings, this is a rare find.
Each unit in this apartment block rents for Usd 700 USD per month, generating a monthly income of Usd 4.2k. This is a great return on investment for any savvy buyer. The property also comes with the added convenience of being easily accessible by both private and public transportation, with the Gaba road just a stone's throw away.
The apartment block is fully furnished, ensuring that tenants can move in immediately without any hassle. The 1-bedroom units each come with a modern bathroom, a balcony, and built-in wardrobes. The ceramic tiles add a touch of elegance to the interiors, while the spacious compound and paved parking area provide ample space for tenants' vehicles. The property is also surrounded by a wall fence for added security and privacy.
Other amenities included in this GOOD DEAL are a water tank and a walk-in closet in each unit. The land tenure is mailo, ensuring full ownership rights and the size of the property is 12 decimals. Don't miss out on this opportunity to own a fully functioning and profitable apartment block in the prime location of Muyenga. Contact us now on 0705218332/0780983661 to schedule a viewing.
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