NGARA – HOTEL / HOSTEL INVESTMENT OPPORTUNITY
Location: Ngara, Nairobi – just behind Stima SACCO
Land Size: ¾ Acre
Title: Titled Property
Asking Price: KSh 350 Million
PROPERTY OVERVIEW
A strategically located property in Ngara, just behind Stima SACCO, sitting on approximately ¾ acre of titled land.
The property was originally being developed as a 39-room hotel, making it particularly suitable for conversion into a hostel/student accommodation facility, given the strong demand for accommodation within the area.
KEY FEATURES
– 39-room hotel structure
– Approximately ¾ acre of land
– Titled property
– First floor substantially completed with modern finishes
– Existing structure suitable for hotel or hostel conversion
– Spacious compound with parking/parking potential
– Strategic and easily accessible Ngara location
– Strong potential for student accommodation/hostel business
INVESTMENT POTENTIAL
The property presents an opportunity to acquire an existing hospitality structure and reposition. Mandate available
