Imela Apartments

Imela apartments is a new development along the Northern Bypass just 500meter from Kenyatta University Referral Hospital and 10 KMs from Thika Superhighway and 20KMs from Nairobi CBD.

The development consists of 65 apartments with a mix of Studio and One Bedroom apartments to be developed on ¼ acre of land. This will be the inaugural development by BrownCap Developers in this strategic location.

BrownCap Developers, focuses on developing quality real estate investments in the form of attainable affordable housing units, with a target towards the rental market which has a significant unmet demand.

1 Bedroom
KES 2.50M Selling Price
KES 17,500 Target Rent
9% Gross Yield

The One Bedroom

These are well designed and spacious one Bedroom Units, 355 square feet. We are offering a very competitive price compared to other developers selling the same unit for twice the price.

The units are selling for KES 2,500,000 with a target gross rental income of 17,500 per month. The development will have ample parking space and court yard.


The property

The most significant and direct benefit to the value of residential real estate is driven by:
  Surrounding institutions or commercial centres
  The creation of new infrastructure services, particularly roads.

The site is 5KM from Kahawa West, 8KM from Ruiru Town and 5KM to the Eastern Bypass, which is currently being dualled. The proximity to public institutions, commercial centres, and expanding infrastructure makes the location ideal for all types of tenants.

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