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Apartment block
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This property in Munyonyo is ideal for investment purposes, and presents an excellent opportunity for buyers looking to capitalize on the rental market and generate a steady income. The apartment block is just 100 metres from the main Munyonyo road, and consists of 15 units, each with two bedrooms, both self-contained and either furnished or unfurnished. The units are already booked and paid for, with a combined monthly rental income of 42 million UGX.
The furnished apartments are being rented at 1,500 UGX per month per unit, while the unfurnished units are being rented at 2 million UGX per month per unit. The property also features a private mailo land title, a spacious compound, a paved compound, a wall fence, a soak pit, a septic tank, a water tank, a balcony, a barbeque, and ceramic tiles, providing all the amenities a tenant could need.
This is an ideal opportunity for an investor looking to capitalize on the rental market in Munyonyo. The property is priced at 4 billion UGX, offering a great return on investment and a steady stream of income. Don't miss out on this great investment opportunity!
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