22 bedroom hotel / guest house for sale
Off Lasu-igando Road, Igando, Alimosho, Lagos
Property listing: 22‑room hotel --- igando (off isheri / lasu‑igando road)location: igando (off isheri / lasu‑igando road), lagosland size: 1.5 plots (≈932 sqm)asking price: ₦250,000,000 (two hundred and fifty million naira)title / documents: purchase receipt - registered survey plan - deed of assignment
overviewturnkey hospitality asset in a prime, high‑traffic corridor --- a 22‑room hotel occupying approximately 932 sqm (1½ plots) and positioned just one plot from the expressway. the property is ideal for operators, investors or developers seeking immediate market entry into the busy isheri/lasu‑igando catchment with strong corporate, student and transit demand.
key features & assets
- accommodation: 22 guest rooms (varied room types) arranged for operational efficiency
- power: dedicated transformer on site for stable power supply and load resilience
- parking: ample on‑site car parking for guests and staff (suitable for small coach/fleet parking depending on layout)
- leisure & f&b: on‑site bar and guest lounge areas for f&b revenue streams
- site: generous compound with potential for outdoor activations, additional parking or small extensions
- condition: operational-ready shell (verify operational status and any refurbishment needs during inspection)
location advantages
- immediate proximity to lasu‑igando/isheri express corridor --- high visibility and exceptional passing traffic for transient guests
- strong demand drivers: nearby institutions, corporates, commuters and students producing steady occupancy potential
- strategic access to lagos mainland and inter‑state routes --- convenient for short‑stay business and leisure travellers
- close to amenities: retail, transport nodes and roadside commerce that support hotel patronage
investment highlights & use cases
- hospitality operation: recommission or continue as a 22‑room hotel targeting corporate and short‑stay markets
- conversion options: serviced apartments, student accommodation, or short‑let suites for higher yields (subject to planning approvals)
- event income: monetize bar/lounge and onsite spaces for small events and f&b services
- land value: 1.5 plots in a near‑express location provides redevelopment optionality as area values appreciate
documentation & due diligence (recommended)
- documents available: receipt, survey plan and deed of assignment --- purchaser should verify chain of title and complete assignment process.
- recommended technical/legal checks: structural/building inspection, fire & safety compliance, utility and transformer certification, verification of occupancy/operational licences (where applicable), and environmental/soil checks if expansion is planned.
- financial diligence: review historical occupancy, revenue and expense records (if operational) to model prospective yields.
price & terms
- asking price: ₦250,000,000 --- motivated seller; price quoted for full asset and land.
- viewings & offers: inspections by appointment for pre‑qualified buyers only. proof of funds required prior to document release and site access.
- negotiation: serious, qualified offers will be entertained following due diligence.
viewing & contactfor the information pack, to arrange a confidential inspection or to submit a formal expression of interest, contact:[agent / owner name]phone: [insert phone number] email: [insert email]
this is a strategically sited hotel asset in a high‑demand corridor --- suitable for operators, investors and developers seeking immediate presence near the lasu‑igando express route. serious enquiries onl...
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₦250,000,000
The Build Centre Properties
09028190510