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Apartment block
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Located in the highly sought-after neighborhood of Muyenga, this well-built and solid 8-unit apartment block is the epitome of a great investment opportunity. With a private mailo land title and situated on 14 decimals of land, this property is perfect for a serious buyer looking for a quick sale.
Each unit is self-contained and consists of a double room, making it ideal for young professionals or small families. Currently, all units are fully occupied and generating a monthly income of 10.4 million Ugx, with each unit fetching a rent of 1.3 million Ugx.
This 1-bedroom, 1-bathroom apartment block offers modern and comfortable living spaces that are sure to attract and retain tenants. The property boasts of amenities such as a balcony, built-in wardrobes, and ceramic tiles, providing a touch of luxury and convenience. Additionally, internet coverage is available, ensuring that tenants can stay connected at all times.
The compound is spacious and well-maintained, with plenty of parking space for tenants and their guests. The paved compound adds to the overall aesthetics of the property, while the veranda offers a perfect spot to relax and enjoy the surroundings.
For added security and privacy, the property is fully enclosed with a wall fence. This ensures that tenants can feel safe and secure in their homes, making this property even more appealing.
At a price of 1.2 billion Ugx, with room for negotiation, this property is a steal for anyone looking to invest in the lucrative real estate market in Muyenga. Don't miss this opportunity to own a valuable piece of property in a fantastic neighborhood. Contact us today for a viewing and make this apartment block your next investment.
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