For Sale: A Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja (Ref: 1552075)

A Functioning 72 Rooms Standard Hotel

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It may now be rented/sold, under offer or temporarily withdrawn from the market.

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  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
  • a Functioning 72 Rooms Standard Hotel, Off Ahmadu Bello Way, Garki, Abuja, Hotel / Guest House for Sale
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Property Description

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 Details

Property Ref: 1552075Added On: 05 Dec 2022Last Updated: 04 Apr 2024
Market Status: Not AvailableType: Hotel / Guest House   

Interesting Facts

One of the most interesting facts about Garki is that the area is the first district developed in Nigeria's capital city. Garki also has the highest number of vibrant shopping scenes, including iconic centers like Garki II Shopping Center and City Centre Shopping Mall, Garki is a shopper's haven. Furthermore, it holds cultural attractions such as the National Mosque and Nigerian National Theatre, providing insights into the country's rich heritage. In essence, Garki combines historical importance, modern commerce, and cultural allure to stand as a central and multifaceted district in Abuja.

Leisure and Shopping

Garki provides a rich tapestry of leisure and shopping experiences, ensuring there's something for everyone. Shopaholics can indulge in retail therapy at iconic destinations like Garki II Shopping Center, Area 1 Shopping Plaza, Abuja Shopping Complex, City Centre Shopping Mall, and Efab Mall in Area 11. For those seeking leisure activities, options abound with Area 1 Basketball Court, the Agura Fitness Centre, the tranquil FMG Park and Garden, and more, creating diverse choices for residents and visitors to explore.

Popular Estates

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.

Day Life

As the sun graces Garki with its warmth, the district springs to life, offering diverse dining options and family-friendly destinations. Garki's daytime scene is a dynamic fusion of commerce, culture, and leisure activities catering to residents and visitors. It's a place where you can truly feel the pulse of Abuja in the daylight hours. Among the attractions to discover are Diplomats Park And Garden, Palme D'or Gardens, Blake Resort Restaurant & Lounge, Monoliza Amusement Park, Jevinik Restaurant, Emerald Park, Parkland Golf Resort Club, and numerous other establishments that infuse Garki with its vibrant daytime energy.

Night Life

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.

Schools

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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