Lucrative 22 Room Hotel Tabled For Acquistion

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 only.