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Apartment block
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Introducing a fantastic investment opportunity in the bustling neighborhood of Namugongo-Jinja Misindye. This 6 unit apartment block is now available for sale at an unbeatable price of 550,000,000 Shillings. Strategically located on Namugongo Road within Wakiso District, this property sits on a spacious 12 decimal Mailo land, making it a valuable asset for any savvy investor.
The apartments are divided into two categories, with 4 units boasting 2 bedrooms each and 2 units featuring 3 bedrooms, providing a variety of options to cater to different needs. Currently, the property generates a monthly income of 4.1 million, making it a profitable venture for anyone looking to expand their real estate portfolio.
Each unit is thoughtfully designed with modern finishes and amenities, ensuring a comfortable and convenient living experience for tenants. The apartments feature balconies, perfect for enjoying the serene neighborhood, a barbeque area for hosting gatherings, and ceramic tiles for a sleek and easy to maintain flooring option. The paved compound and spacious veranda add to the overall aesthetic charm of the property, while the wall fence provides security and privacy for residents.
The property also includes a septic tank and soak pit, ensuring proper waste management, and a water tank for a reliable water supply. With such amenities in place, you can be assured of low maintenance costs and satisfied tenants.
Don't miss out on this amazing opportunity to own a prime property in Namugongo-Jinja Misindye. Contact us now to schedule a viewing and make this 3 bedroom, 2 bathroom apartment block your next profitable investment.
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