KES 130,000 Every Month - 100% Occupied, Zero Vacancy Risk
This is not a development project - it is a functioning, fully tenanted income asset. 20 units, all occupied, all paying. You earn from the moment you complete the purchase.
Investment Return
Return on Investment at a Glance
KES 1.56M
Annual Rental Income (130K × 12)
~11.1%
Gross Annual Yield
100%
Current Occupancy Rate
~9 Yrs
Estimated Payback Period
About This Property
Macedonia Road Rental Block - Gate C, Maasai Mara University
This is a rare, fully operational investment property in one of Narok's highest-demand rental zones. Located on the Macedonia Road, directly at Gate C of Maasai Mara University, this 20-unit bedsitter block benefits from a captive, year-round tenant base of university students - one of the most reliable rental markets in Kenya.
The block is 100% occupied and currently generates KES 130,000 every month in gross rental income. There is no construction risk, no lease-up period, and no vacancy - the asset begins earning immediately on transfer. University-adjacent rental properties of this calibre rarely come to market, as existing owners understand the consistent demand dynamics of student accommodation.
The property sits on a 50x100 plot with a ready title deed, fronting the Macedonia Road for maximum visibility and accessibility. At KES 14 Million, this investment delivers an approximate gross annual yield of 11% - substantially above the Nairobi market average and most alternative investment options available at this price point.
Mirisa Properties Ltd is facilitating this sale on behalf of the current owner. Serious investors are invited to arrange an inspection visit through our team.
Property Features
What This Investment Includes
20 Bedsitter Units
20 individual self-contained bedsitter units - a full rental block, not a single unit
KES 130,000 Monthly Income
Current gross rental income when fully occupied - verified, active, paying tenants
100% Occupied - Zero Vacancy
All 20 units are currently tenanted - immediate income from day one of ownership
Gate C, Maasai Mara University
Directly at the university gate - the highest-demand student rental micro-location in Narok
Fronting Macedonia Road
Prominent road-fronting position - maximum visibility, easy access for tenants
50x100 Plot - Ready Title Deed
Clean freehold title deed on a standard 50x100 plot - immediate, straightforward transfer
Who Should Buy This Property
This Investment Is Perfect For
Income Investors Seeking Immediate Returns
No waiting, no development phase, no lease-up. 20 tenants are already paying - your income starts the month you complete the transaction.
Diaspora Investors Buying Remotely
A managed, fully tenanted property is the ideal diaspora investment - no construction to oversee, no marketing for tenants, just consistent monthly income deposited to your account.
Portfolio Investors Adding a High-Yield Asset
At ~11% gross annual yield, this rental block significantly outperforms most fixed-income alternatives. University-adjacent student housing offers one of Kenya's most resilient demand profiles.
First-Time Property Investors
A fully operational, fully tenanted rental block removes all the uncertainty of property investment - you acquire a proven, income-generating asset, not a project.
Photo Gallery
Macedonia Road Rental Block - Site Photos
