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The below hotel is available for sale. - "presenting to you for outright sale; an irresistible hotel with an attractive and huge return on investment". - a functioning 72 rooms standard hotel located at "off ahmadu bello way, in the heart of garki area 11, abuja", is available for outright sales:
- hotel's description:
- "this hotel is an exotically built and well furnished 6 floors functioning standard hotel with 72 rooms, 3 different conference rooms, an underground, swimming pool, and equipped gym facilities, sitting on a 1,802 sqm size of plot; located in the heart of garki, area 11, abuja". - investment benefits on purchasing this hotel:
- as much as there are many benefits on investing in commercial properties, this particular hotel is outstanding and guarantees "fast return on investment (froi)" such as:
substantial current income and spendable cash,
excellent appreciation of asset value,
accumulate significant equity through leverage,
multiply current cash-flow through leverage,
provides a superior hedge against inflation,
unique security advantage,
and tax benefits. √ hotel's full features:
- 72 standard rooms,
- 6 floors,
- an underground,
- 3 different conference halls,
- a swimming pool & outdoor bar,
- modern equipped gym room,
- bar & restaurant,
- staff/management busses,
- car drop services,
- elevator,
- business/office activities center. - property's location: @ off ahmadu bello way, in the heart of garki area 11, abuja (fct). - property's close proximities: "25 minutes drive from the nnamdi azikwe airport, 4 minutes drive from federal secretariat, 4 minutes drive from nigerian national mosque, and 5 minutes drive from world bank". √ hotel's title document:
- certificate of occupancy (c of o). √ hotel's plot size by square metres:
- (1,802 sqm). √ hotel's net price:
- (ngn 4,500,000,000) "four billion, five hundred million naira". (this is the direct owner's net price, and it is not negotiable please! ). - noteworthy: following the fact that this hotel is a functioning hotel with management staff always on site; the inspection condition is that, any interested buyer is to first of all, issue a letter of inspection interest or notice, stating his or her inspection interest to enable proper inspection arrangements to be made because, the owner does not want to create unnecessary panic notion of the hotel's sales process/idea on the management staff for now. So, upon the receipt of the interested buyer's letter of inspection interest/notice, the seller shall respond with inspection clearance/permission letter, and furnish the buyer with a date and time; for this hotel's inspection meeting. After a successful inspection, the buyer will then issue an offer letter to the owner; through my office within the period of 24 hours from the day and time of inspection. - hotel's sale and purchase terms & conditions: photocopies of hotel's documents will be given to the interested buyer to perform search. And upon successful and satisfactory search result, buyer will effect payment, and original copies of documents will be released to the buyer plus signing and exchange of sale & purchase agreements documents, change of ownership document, and tax payments histories documents. Contact me for my company's name and address instructions for issuance of the required inspection interest/notice letter. Below are this hotel's exterior & interior photos gallery.
Property Ref: 1552075 | Added On: 05 Dec 2022 | Last Updated: 04 Apr 2024 |
Market Status: Not Available | Type: Hotel / Guest House |
Garki is renowned for its high-end residential estates, providing tranquil and well-secured living spaces. One standout estate is Hajia Estate, known for its opulent homes and top-tier facilities. Additionally, Garki boasts other emerging estates like NNPC Estate, CBN Estate, Gimbia Court Estate, and several others, promising luxurious and modern living options.
As the day gives way to night, Garki undergoes a captivating metamorphosis into a lively hub of nightlife. Nexus Lounge, Jazz Bar, Emerald Park, Bush Bar, De Hive Abuja, Lifestyles Garden, BottleHouse Bar & Lounge, Kreeks & Krooks Lounge, and numerous other venues collectively infuse the district with a vibrant and energetic nocturnal atmosphere.
In the Garki area, there is a diverse selection of well-established schools, including Royal Kiddies International School, Mountain Ridge School, Aces Nursery and Primary School, St. Aloysius Primary School, Regina Pacis College, Redeemer Teap International School, Government Secondary School, Cor Mariae College, and numerous others. These educational institutions cater to a variety of parental preferences and offer a range of educational opportunities.
Read the full area guide for Garki, Abuja.
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