
Qaribu Inn Hotel for sale, Off Waiyaki Way, Nairobi KenyaAn Established and Income-Generating Hospitality Asset For Sale Off Waiyaki Way
Indicative Value
Ksh 540,000,000
KSh Ksh 540,000,000
USD $4,154,504.20
GBP £3,073,539.60
EUR €3,575,384.09
Net Yield
9%
Institutional Grade Asset
Investment Returns Analysis
Executive Summary
Formerly operating as Qaribu Inn, this expansive 2.75 acre property off Waiyaki Way with a built-up area approximately 33,412 square feet presents a compelling repositioning opportunity within one of Nairobi’s most established and fast evolving neighborhoods. The irregular-shaped, gently northward sloping red soils plot is extensively improved with a 7 storey development comprising 61 standard rooms, supported by robust hospitality-grade infrastructure. The building includes a lobby with reception and luggage area, restaurant spaces with a fully equipped kitchen, bar lounge, and an 80 pax conference hall, alongside dedicated operational spaces such as accounts offices, sales office, server room, storage areas, manager’s office, staff facilities, and multiple hotel washrooms. The accommodation mix includes single and double rooms, all fitted with private washrooms, wardrobes, TVs, and in room safes, as well as disabled-friendly units. Safety and functionality are enhanced through fire exits, CCTV coverage in common areas, a lift, and secure perimeter treatments incorporating chain-link fencing, masonry stone walls topped with electric fencing, and live hedges. The property benefits from three separate access/exit points with metal palisade gates opening to cabro-paved driveways and parking yards, while two parking levels accommodate up to 100 vehicles, significantly strengthening its commercial and institutional appeal. The surrounding environment blends urban convenience with natural appeal, enhanced by scenic views of an on site dam and lush greenery, an uncommon and highly desirable feature along this corridor.
Key Investment Attributes
Visual Documentation
Exclusive Mandate
Direct representation by Murivest
Total Area
82,401
This memorandum is confidential and provided for qualified investors only. All figures are indicative and subject to final due diligence.