This income-producing apartment block, built in 2018, sits on 20 decimals of private mailo land in the highly sought-after Namugongo area of Wakiso District. Designed for durability, tenant comfort, and long-term returns, the property is fully occupied and professionally laid out.

Unit Breakdown (7 Apartments Total)

• 6 × One-Bedroom Apartments
  Each unit features a bedroom, sitting room, kitchen, bathroom, and private balcony
  Rent: UGX 550,000 per unit
• 1 × Townhouse-Style Apartment
  • 2 bedrooms (including master bedroom)
  • Sitting room & kitchen
  • Jacuzzi, private garage, and balcony
    Rent: UGX 1,200,000

Compound & Infrastructure

• Fully paved compound
• 10 deeded parking spaces
• Beautifully landscaped grounds
• Securely fenced property
• New septic tank
• Emergency VIP latrine
• Tarmacked road access directly to the property

Tenants are long-term and consistent, making this a low-management, buy-and-hold asset ideal for serious investors.

Investment Return Summary

Monthly Rental Income

• 6 × UGX 550,000 = UGX 3,300,000
• 1 × UGX 1,200,000 = UGX 1,200,000
  👉 Total Monthly Income: UGX 4,500,000

Annual Rental Income

• UGX 4,500,000 × 12 = UGX 54,000,000

Asking Price

• UGX 670,000,000

Gross Rental Yield

• UGX 54,000,000 ÷ UGX 670,000,000 ≈ 8.1% gross annual yield