Location

Juja Town, Kiambu County

Type

Residential Apartments

Feature Details

Two Bedroom Apartments

Description

OVERVIEW OF EXECUTIVE SUMMARY

Market Research Findings:

The following are the main findings of the market research and feasibility study:

a.) Residential Apartment

• The demand for residential apartments is high due to the presence of demand drivers in the subject property area.
• The occupancy rate of apartments in Juja has also been performing averagely better and within the average of other Middle-Level suburbs of Nairobi, with the annual uptake averaging at 25.0% and occupancy rate for apartments averaging at 83.0%.
• The return on investment for residential apartments in the area is also above market average.

Financial Analysis

The proposed venture is viable due to:

• An IRR and Return on Equity that is above market average, at 26% and 25% respectively.
• A positive NPV.
• Projected positive Cash Flows through the first ten years.
• A short payback period of 1.5 years, for Sales Return Investment.
• A high Equity multiple of 1.25 X.
• A High Rental Yield of 12.22%, compared to Market Average of 8.0%.
• An overall high return on investment

Capital Structure

Investment Cost / Value

KSHS. 297,337,594

Sponsor Equity Contribution

KSHS. 29,500,000

Asking

KSHS. 10,000,000

Offering Type

Offering Type

Real Estate Development Equity Returns

Investment Type

Residential Apartments

Return on Investment

Investor Returns(IRR)

26%

Equity Multiple

1.25 X

Monthly Income

-

Return on Equity

25%

Investment Hold Period

Payback Period / Hold Period

1.5 Years

Inception Date

2024/05/03

Document

Website