8 Bedroom Flats in Okota, Isolo, Lagos

A residential development comprising 10 units of 1 bedroom apartment, 2 units of single room apartment and 2 units of 2 bedroom apartment on appx. 631.14 s...

Location: ire akari estate, okota, isolo, lagos state description: a residential development comprising of 10 units of 1 bedroom apartments 2 units of single room apartments 2 units of 2 bedroom apartments land size: approximately 631.14 sqm title: deed of assignment asking price: ₦250m ...

Direct sale -- cash-flowing mini-estate in okota, lagos! location: ire akari estate, okota, isolo, lagos land size: approx. 631.14sqm type: residential income property price: ₦250,000,000 title: deed of assignment --- property overview: a solid cash-flowing development in the highly demanded okota axis, this fully fenced and gated property comprises: 10 units of self-contained 1-bedroom apartments 2 units of single room apartments 2 units of 2-bedroom apartments currently in use for long-term rentals with strong occupancy and consistent rent inflow. --- highest & best use: this property is ideal for: rental income investment (long-term tenants) short-let / airbnb operation (high yield in urban clusters) corporate staff housing service apartments for medical tourists/expatriates redevelopment into boutique apartments or student housing --- investment potential: projected monthly rental income: ₦1.8m -- ₦2.2m annual rental yield (roi): 8.6% -- 10.5% return on reinvestment (ror) with upgrade or short-let conversion: 15% -- 18% annually break-even period: 6--7 years on long-let, 4--5 years on short-let --- why this deal makes sense: prime lagos location with daily rental demand already earning -- plug & earn immediately high land appreciation potential in ire akari axis opportunity to renovate and upscale for higher returns legal documentation intact -- direct and safe transaction --- ️ attention investors: deals like this don't stay on the market for long. the numbers work. the demand is real. the income is stable. book an inspection today. call. 07013257514. 08141169442 you miss this --- you might not find another like ...