Description
A rare investment opportunity has emerged in Gulu City a fully operational hostel strategically located near Gulu University. This property sits on 1 full acre of titled Freehold land, offering both excellent current returns and vast potential for future development.
The hostel comprises 42 rooms, with a mix of self-contained and non-self-contained units. It is already functioning with a steady student occupancy, making it a ready, income-generating investment.
Income Potential
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The hostel generates approximately UGX 10–15 million per semester, depending on the rental rates set by the owner.
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Additional income can be leveraged through improved management, renovations, or expansion due to the large land size.
Why This Property Stands Out
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Prime location near Gulu University
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1 Acre Freehold land with title
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42 rooms (mixed self-contained and non-self-contained)
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Stable student market
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Ready for immediate sale with no disputes or encumbrances
This is a perfect opportunity for investors looking to enter or expand in the student accommodation business within a fast-growing city.
For inquiries about price, call or WhatsApp: 0766 527600.
Overview
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ID OGHS-01-25
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Type Houses
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Size 43,560 SqFt