MURIVESTNairobi Private Office
Suite Life Apartments 11-unit Acquisition Portfolio For Sale
Residentialfor-sale86% Occupied

Suite Life Apartments 11-unit Acquisition Portfolio For Sale11Units.DennisPrittRoad,Nairobi.7.8%GrossYield

Dennis Pritt Road, Nairobi, Nairobi County 00200

Indicative Value

KES 350M

KSh KES 350,000,000

USD $3,000,000

Net Yield

8.5%

Institutional Grade Asset

Investment Returns Analysis

Monthly IncomeKES 2,500,000
Annual IncomeKES 30,000,000
Appreciation5%
Target ROI10%

Executive Summary

Positioned on Dennis Pritt Road—Nairobi's most consistently in-demand institutional corridor—SuiteLifeServicedApartments.com comprises 11 of 20 two-bedroom serviced apartments, generating KES30 million annually at 80%occupancy.Targeting the discerning corporate client, diplomatic community, and the Senior Executive Suite, the Life delivers stress-free, fully serviced residential platform in one of Sub-Saharan Africa's most resilient urban markets.For investors seeking stabilised Income with leasehold security, this asset combines a premier location, sectional title ownership, and an institutional tenancy model with embedded growth optionality not yet priced into the current performance.

Key Investment Attributes

Total Units: 20 (11 available)
Location: Dennis Pritt Road, Kilimani
Liquidity: Off-Market — NDA Required
Annual NOI KES 30M
Sectional title — individual unit transfer available

Visual Documentation

Exclusive Mandate

Direct representation by Murivest

Total Area

6500 sqft

This memorandum is confidential and provided for qualified investors only. All figures are indicative and subject to final due diligence.

Mandated Advisory

All information contained herein is provided for informational purposes only and should not be construed as investment advice. Past performance is not indicative of future returns. Available exclusively to mandated partners and qualified institutional investors under NDA. Murivest Realty Ltd is a licensed real estate agency regulated by the Estate Agents Registration Board of Kenya.