10 One-Bedroom Rental Units for Sale in Namugongo Misindye | UGX 190M

An income-generating rental property for sale in Namugongo Misindye, comprising 10 rental units, each with one bedroom, situated on a 20-decimal plot of land held under Private Mailo tenure. The property reportedly generates a combined monthly rental income of UGX 2.5 million, making it an option for investors seeking an established residential rental property in the Namugongo area. With an asking price of UGX 190 million, the property offers multiple rental units within one landholding. Prospective buyers should verify the current occupancy, rental collection records, property condition, land title, and ownership documentation before purchase.

Property Overview

📍 Location: Namugongo Misindye, Uganda
🏘️ Property Type: Residential Rental Units
🏠 Total Rental Units: 10 Units
🛏️ Unit Configuration: 1 Bedroom per Unit
📐 Plot Size: 20 Decimals
📄 Land Tenure: Private Mailo
💰 Monthly Rental Income: UGX 2,500,000
💵 Annual Rental Income: UGX 30,000,000
💰 Asking Price: UGX 190,000,000
💵 Price in USD: $48,718

Property Features

➤ Ten one-bedroom rental units
➤ Located in Namugongo Misindye
➤ Set on 20 decimals of land
➤ Private Mailo land tenure
➤ Reported combined monthly rental income of UGX 2.5 million
➤ Multiple rental units within one property

Investment Highlights

➤ Multiple Rental Units: Ten separate one-bedroom units provide the potential for income from multiple tenants.
➤ Existing Rental Income: Reported rental collections of UGX 2.5 million per month, equivalent to UGX 30 million annually before expenses.
➤ Indicative Gross Rental Yield: Approximately 15.8% per year, based on the stated monthly income and asking price, before maintenance, vacancies, taxes, management costs, and other expenses. Actual returns are not guaranteed.
➤ Private Mailo Tenure: Buyers should conduct legal due diligence to verify the title, registered interests, and any applicable occupancy or land rights.

Location Advantages

Namugongo Misindye offers a residential setting for buyers considering rental accommodation investments in the wider Namugongo area. A property with ten one-bedroom units may appeal to investors targeting tenants seeking independent residential accommodation. Buyers should assess local rental demand, accessibility, nearby amenities, and the property’s current tenancy arrangements.

Call to Action

Interested in acquiring these 10 one-bedroom rental units in Namugongo Misindye for UGX 190 million? Contact Leister International Contractors (U) Ltd to arrange a viewing and request further details about rental records, occupancy, property condition, Private Mailo title documentation, and purchase terms.