About This Property
Fully Tenanted 20-Unit Apartment Block in Prime Narok Town
This is one of the most compelling income property acquisitions currently available in Narok - a fully tenanted 2-storey commercial apartment block sitting on a spacious 70×120ft plot in a very prime location within Narok Town. With 20 residential units across a mix of configurations, this building delivers a verified monthly rental income of KES 246,000 - making it a ready-to-earn investment from day one.
The block benefits from water and electricity available 24/7, WiFi connectivity, and robust security backed by both a resident watchman and a dedicated caretaker - the kind of operational infrastructure that keeps tenants happy, occupancy high, and management effortless. The title is a 99-year lease, providing long-term security of tenure for any buyer.
At KES 28 Million with KES 246,000 in confirmed monthly income, the property offers an implied gross yield of approximately 10.5% per annum - exceptional performance for a prime Narok Town asset. This is a turnkey investment with zero development risk, tenant relationships already in place, and all operational systems running smoothly.
Verified Monthly Rental Income
KES 246,000
From 20 fully tenanted units - all configurations
~10.5% p.a.
Implied gross yield at KES 28M
Unit Breakdown
20 Units Across 4 Configurations
9
Units
1-Bedroom Apartments
Largest share - highest occupancy demand in Narok
6
Units
Bedsitters
Entry-level units - consistently fully occupied
4
Units
2-Bedroom Apartments
Family-sized units commanding premium rents
1
Unit
3-Bedroom Apartment
Flagship unit - highest individual rental value
Property Features
What This Block Offers
KES 246,000 Monthly Income
Verified rental income - starts generating returns from day one
2-Storey Commercial Flat
Solidly built 2-floor structure on a 70×120ft prime Narok plot
99-Year Lease Title
Long-term tenure security - clean legal documentation ready
Water & Electricity 24/7
Uninterrupted utilities - keeps occupancy high and tenants satisfied
WiFi Connectivity
Internet provided to tenants - a key differentiator in Narok's rental market
24/7 Security
Round-the-clock security keeping tenants safe and the building protected
Watchman & Caretaker
On-site staff in place - maintenance and security fully managed
Very Prime Location
Situated in one of Narok Town's most sought-after neighbourhoods
Who Should Buy This Property
This Investment Is Perfect For
Income Property Investors
At KES 246,000 monthly income on a KES 28M purchase, this is a proven, running yield - no waiting for tenants, no construction risk, no vacancy uncertainty. Income starts immediately.
SACCO & Chama Investment Groups
A fully tenanted apartment block with verified income and a clean lease title is an ideal group investment - tangible, income-generating, and professionally managed from day one.
Diaspora Investors
Buy a fully managed, income-generating property back home - with professional staff on site, utilities connected, and tenants in place. Ideal for hands-off ownership from abroad.
Portfolio Diversifiers
Add a prime Narok Town residential income asset to your property portfolio - a market with strong rental demand, rising rents, and excellent long-term appreciation fundamentals.
Location
Prime Narok Town
Plot Size
70 × 120 ft
Total Units
20 Residential Units
Title
99-Year Lease
Photo Gallery
Apartment Block - Site & Interior Photos
