Fully Occupied - Generating Income from Day One
All 44 units are currently occupied and generating active rental income. At 100% occupancy, the block produces KES 1.9 Million per month - that is KES 22.8 Million per year in rental revenue. The property is self-managing with a ground-floor 1-bedroom apartment that serves as a management office, ensuring smooth operations without external cost.
KES 1.9M
Monthly Rental Income
KES 22.8M
Annual Rental Revenue
About This Property
Ruaka - 44-Unit 3-Bedroom Apartment Block, Kiambu County
This is one of the most significant income-generating real estate investments currently available in Kenya - a fully occupied, 44-unit 3-bedroom apartment block in Ruaka, Kiambu County, one of Nairobi's fastest-growing and most in-demand residential suburbs. At KES 320 Million, the property is being offered with a current income base of KES 1.9 Million per month at 100% occupancy - translating to approximately KES 22.8 Million annually in rental revenue. The implied gross yield from the current income base makes this a compelling investment proposition by any measure.
Every one of the 44 units is a fully finished 3-bedroom apartment with all bedrooms ensuite and excellent interior finishings throughout - a specification that commands premium rental rates and attracts quality, stable tenants. The block is equipped to an institutional standard: a passenger lift, a borehole water supply, a gym, WiFi connectivity, solar lighting for all common areas, free parking per apartment, a 360-degree security camera system, and its own dedicated 3-phase transformer - ensuring uninterrupted power supply exclusively for the apartments.
The property sits on a freehold title deed that is currently charged to HFC Bank, and a 1-bedroom apartment on the ground floor is used as a management office, enabling in-house property management at no additional cost. The approach road is cabro-paved from the tarmac directly to the apartment block, giving the development the premium street presence that keeps occupancy rates high. Ruaka's location - within the Kiambu corridor, with rapid access to Nairobi - ensures sustained tenant demand for the foreseeable future.
Property Features
What This Investment Offers
44 Units - All 3 Bedrooms Ensuite
Every apartment is fully furnished to a high standard with all bedrooms ensuite
KES 1.9M Monthly Income
Fully occupied rental income of KES 1.9M/month - KES 22.8M annually
Passenger Lift
Full passenger lift serving all floors - premium convenience for residents
Borehole Water Supply
Independent borehole ensuring uninterrupted water supply to all units
Gym Room & WiFi
Dedicated gym facility and WiFi connectivity - premium amenities that attract quality tenants
Solar Lighting - All Common Areas
Solar-powered common area lighting reducing operational costs
Free Parking Per Apartment
Dedicated parking space allocated to every unit within the compound
360° Security Camera System
Comprehensive CCTV coverage of the entire development for resident security
Own 3-Phase Transformer
Exclusive private 3-phase transformer - uninterrupted, dedicated power for the block
Cabro-Paved Driveway
Premium cobblestone-paved drive from tarmac to the block entrance
Freehold Title Deed
Full freehold title - currently charged to HFC Bank, available for review
Management Office Unit
Dedicated 1-bedroom ground floor unit for on-site property management
Who Should Buy This Property
This Investment Is Perfect For
Institutional & High-Net-Worth Investors
A fully occupied, income-generating apartment block in one of Nairobi's strongest residential corridors is a benchmark asset for institutional portfolios. The combination of current income, capital value, and Ruaka's long-term growth trajectory makes this a credible anchor investment.
Investment Syndicates & SACCOs
A property producing KES 1.9M per month is an ideal candidate for collective ownership by an investment syndicate, SACCO, or real estate fund. The income begins immediately, the management structure is in place, and the asset is proven.
Diaspora & International Real Estate Investors
For diaspora buyers or international investors looking for a substantial, professionally operated Kenyan real estate asset with an active income stream, this block offers scale, stability, and a premium Ruaka address - all under a single freehold title.
Long-Term Wealth Preservation Buyers
Ruaka is one of Nairobi's most robust rental markets. Buying this block secures both an immediate income stream and a long-term asset that will appreciate as Nairobi's suburban housing demand continues to outpace supply.
Photo Gallery
Ruaka Apartment Block - Property Photos
