The Concord Hotel Five-Star Hospitality Commercial Asset – Parklands' Premier Hotel For Sale
HospitalityFor Sale100% Occupied

The Concord Hotel Five-Star Hospitality Commercial Asset – Parklands' Premier Hotel For Sale5 star Hotel Premier Accommodation in Parklands

Wangapala Road, Parklands, Nairobi, Nairobi County 00623

Indicative Value

KES3,000,000,000

KSh KES3,000,000,000

USD $23,000,000

GBP £20,060,000

EUR €21,020,000

Net Yield

14%

Institutional Grade Asset

Investment Returns Analysis

Monthly IncomeKES30,000,000
Annual IncomeKES360,000,000
Appreciation3%
Target ROI18%

Executive Summary

An exceptional opportunity to acquire an established five-star hospitality asset strategically positioned on Wangapala Road in Nairobi's distinguished Parklands district. This elegantly appointed 86-room property represents a turnkey investment in Kenya's resilient luxury accommodation sector, offering immediate operational cash flow and significant brand expansion potential. Located within walking distance of the prominent Diamond Plaza Shopping Centre, the hotel benefits from proximity to Nairobi's bustling Asian business district, diplomatic missions, and high-net-worth residential enclaves. The property radiates warmth and sophistication through its tasteful interior design, while comprehensive operational infrastructure—including 24-hour security with alarm backup, full generator capacity, and modern lift systems—ensures uninterrupted five-star service delivery. With 86 keys across what appears to be a low-rise configuration suitable for the Parklands zoning environment, this asset presents an attractive proposition for institutional hospitality investors, international hotel operators seeking African footprint expansion, or private family offices diversifying into luxury real estate.

Key Investment Attributes

Established Five-Star Operations
Strategic Parklands Position
Turnkey Investment
Comprehensive Security Infrastructure
Uninterrupted Operations
Parking Provisions
Operational Facilities

Asset Specifications

Security Systems24-hour manned security
Power BackupMains electricity with full generator backup capacity
Parking SpacesAmple secure parking

Visual Documentation

Exclusive Mandate

Direct representation by Murivest

Total Area

99,300 sqft

Mandated Advisor

Murivest Realty

Murivest Realty

Investment Advisory

Schedule Consultation

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.

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