Commercial building for sale in Mtwapa.
(Mombasa, Kenya Real Estate)

Commercial building for sale in Mtwapa. Property ID:1988
  Location  Mtwapa
 Type  Commercial for SALE / now for SALE
 Bedrooms  
 Furniture  no
 Swim. pool    
 Beach/Seaview  no 
 Power Backup  
 Compound  shared
 Built area  
 Plot area  
 Ownership  
 Guiding price 65,000,000 Kshs
 Latest update  13/04/2016


Project is still new almost 2 years since it was constructed. There are 13 units of 2 bedroom apartment each having a floor area of 1330 sqft and 1 unit of 1 bedroom having a floor area of 900 sqft and 4 shops on the ground floor. The building is located in a strategic place easily accessible

All apartments are currently rented out. having returns as below

2 bedroom units return per month is KSh. 25,000 per unit
1 bedroom units return per month is KSh. 10,000
Shops return per month is KSh. 10,000 per unit
Each 2 bedroom has a floor area of 1,300 sq ft while 1 bedroom has a floor area of 900 sq ft

Total rent is 375k per month