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Apartment block
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Investment opportunity alert! 6 unit apartment block for sale in the highly sought-after area of Namugongo, situated on the bustling Namugongo Misindye road within Wakiso District. This property boasts a prime location, with easy access to major cities. Comprising of 4 units with 2 bedrooms and 2 units with 3 bedrooms, this apartment block is a fantastic investment opportunity. The property sits on 12 decimals of land, providing ample space for parking and other amenities. Currently generating a monthly income of 4.1m, this property is sure to bring in a steady stream of revenue.
The apartments are built to a high standard, with modern finishes and amenities to ensure the comfort and convenience of tenants. Each unit features a balcony, perfect for enjoying the stunning views of the surrounding area. The built-in wardrobes provide ample storage space, while the ceramic tiles add a touch of elegance to the space. The compound is fully paved, ensuring easy maintenance and plenty of space for parking. The porch and veranda are ideal for relaxing and enjoying the fresh air.
This apartment block is a fantastic investment opportunity, with a current asking price of 550m ugx, down from the original 600m ugx. The land tenure is Mailo Land, providing a secure and long-term investment. Don't miss out on this chance to own a piece of prime real estate in the bustling area of Namugongo. Contact us today to schedule a viewing and make this property your own.
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