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MOBIMATT CHUKA HOSTELS

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Price: KSH550,000
Contact 0724620403
www.mobimatt.com
Added 2016-01-04 12:07:28
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Description

WITH THE CURRENT GROWTH IN THE NUMBER OF UNIVERSITIES IN KENYA,THE STUDENT UPTAKE HAS GREATLY INCREASED.THIS HAS RESULTED IN A HOSTEL SHORTAGE IN ALL MAJOR UNIVERSITY AND A LOOMING HOSTEL CRISIS.

THE HOSTEL MARKET IS A BOOM FOR ANY SMART REAL ESTATE INVESTOR.

ITS DUE TO THIS CRISIS THAT MOBIMATT HAVE OFFERED TO BUILD 100,000 HOSTEL UNITS IN THE NEXT THREE YEARS.

THE FIRST HOSTEL PROJECT IS IN CHUKA WHERE MOBIMATT IS BUILDING 2,000 MODERN SMART BULLET PROOF HOSTELS ONLY 700 METERS FROM THE UNIVERSITY.

CHUKA UNIVERSITY IS THE 2ND FASTEST GROWING UNIVERSITY IN KENYA AND HAS A STUDENT POPULATION OF 13,000.ONLY 3,000 LIVE INSIDE THE CAMPUS.THE UNIVERSITY HAS AN EXPANSION PLAN TO ADD ANOTHER 17,000 STUDENTS SOON.

MOBIMATT HOSTELS WILL HELP THEM GROW BY HOUSING 8,000 STUDENTS.

A HOSTEL UNIT IS CURRENTLY SELLING AT 510,000(OFFPLAN) UPTO 15TH MARCH,LATER AT 550,000

EACH UNIT WILL ACCOMMODATE 4 STUDENTS EACH PAYING 5000 PER MONTH,GIVING AN INVESTOR KSH 20,000 MONTHLY RENTAL INCOME,LESS 20% MANAGEMENT FEE AND RENTAL INCOME TAX.

MOBIMATT WILL MANAGE THE HOSTELS AND REMIT 16,000 TO THE INVESTORS ACCOUNT EVERY MONTH.

OUT OF THE 2,000 HOSTEL UNITS,ONLY LESS THAN 500  ARE  REMAINING.

CALL 0724 620 403 AND BOOK YOURS.

INVEST FOR VALUE

Location

Meru, Kenya
, 60100

Advert details

Advert ID: 108
Displayed: 1474
Expires: 2020-12-12 12:00:00

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