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Apartment block
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APPARTMENT BLOCK
APARTMENTS FOR SALE: A Lucrative Investment Opportunity in Mpererwe, Wakiso District
Prime Location and Spacious Land Size
This apartment complex, situated in the highly sought-after area of Mpererwe, is now available for sale. Boasting a land size of 50 decimals, this property offers ample space for development and expansion. Mpererwe is a fast-growing area, known for its convenient access to major roads, schools, hospitals, and other essential amenities.
Two Blocks with a Total of 33 Units
The apartment complex consists of two blocks, each with its own set of units. Block 1 features 16 units, including 12 one-bedroom units and 4 two-bedroom units. With a rental price of UGX 1.2m and UGX 2m per month respectively, this block generates a total monthly income of UGX 22.4m. Block 2 consists of 17 one-bedroom units and 4 two-bedroom units, generating a monthly income of UGX 28.4m. Combined, the two blocks bring in a total monthly income of UGX 50.8m.
An Attractive Investment Opportunity
With a monthly income of UGX 50.8m, this property presents a lucrative investment opportunity for any buyer. The apartments are currently fully occupied, providing a steady stream of income. The asking price for this property is UGX 6.2bn, which is open to negotiation. This is a great opportunity to invest in a property with a high return on investment.
Modern Amenities and Spacious Compound
The apartment complex offers modern amenities and a spacious compound for the comfort and convenience of its tenants. The property features ample parking space for residents and visitors, as well as a well-maintained compound for recreational activities. The apartments are designed for modern living, with spacious rooms and well-appointed bathrooms.
Don't Miss Out on this Opportunity
This is a rare chance to own a property in the prime location of Mpererwe. With a land tenure of Mailo Land and a land size of 50 decimals, this property offers plenty of potential for development and expansion. The asking price of UGX 6.2bn is a great deal for such a high-income generating property. Don't miss out on this opportunity to invest in a thriving and growing community. Contact us now to schedule a viewing and secure this property before it's gone.
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