Kwanda Real Estate
Kwanda Real Estate
AFFORDABLE 8-UNIT APARTMENT BUILDING FOR SALE IN KIGALI, KICUKIRO
Description
Apartment for sale in Kicukiro, Developed in a spacious land of 1,560 square meters, the apartment complex has 8 units of 2 bedrooms and 1 bathroom each, a mature garden surrounding the inner compound, with an immense parking space for more than 10 cars next to a half basketball court, and it has a common barbecue area with a dining and 2 bathrooms. The neighborhood is very peaceful and has good roads, the apartment building enjoys a particularly secluded location being off the main road and having a private entrance road. The units also have an inside kitchen, a sitting room and a dining room, and each unit enjoys special natural lighting due to the big windows chosen by the developer.
This building was developed in 2011 and the apartment units are rented in the range of $500-600 each ever since with a 80% occupancy rate, creating a solid cash flow and a very good return on investment considering its selling price. The Kicukiro area is being radically transformed especially by the highway to the new Bugesera airport which is under development, which will completely eradicate any traffic issues in the area and the rental market is already booming. This is a perfect investment for any investor, especially one looking to operate the complex as a B&B apartments.
Property Details
Property ID :
KW-166
Price :
420,000 USD
Property Size :
1560 m2
Year Built :
None
Bedrooms :
16
Bathrooms :
8
Garage :
0
Property Type :
RESIDENTIAL APARTMENTS
Property Status :
For Sale
Location: KICUKIRO - KAGARAMA
Additional details
Deposit :
Pool Size :
Additional Rooms :
0%
0
0
Last remodel year :
Amenities :
Equipment :
None
0
0
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