For Sale: Superb 32 Rooms Fully Functional Hotel For Acquision, Ikeja GRA, Ikeja, Lagos (Ref: 3219717)

Superb 32 Rooms Fully Functional Hotel For Acquision

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Property Description

FOR SALE --
FULLY FUNCTIONAL HOTEL IN IKEJA GRA (TURNKEY INVESTMENT)

A rare hospitality asset in a premium neighbourhood --- immediate income, strong corporate demand and event hosting capability.

Location: Ikeja GRA, LagosLand Size: 2,000 sqmTitle: Deed of AssignmentBuilding: One‑storey hotel (well‑maintained)Asking Price: ₦6,000,000,000 (Six Billion Naira) --- Serious Buyers Only

Property Overview

- 32 well‑appointed rooms across 4 categories --- designed to capture both corporate and leisure guests.
- Event hall with seating capacity for over 200 guests --- ideal for conferences, weddings, corporate functions and training events.
- Full guest facilities: on‑site restaurant, fully equipped gym and swimming pool --- enhances guest experience and drives ancillary revenue.
- Ample parking for 20+ cars --- convenient for events and daily operations.
- Status: Fully operational hotel with established fittings, fixtures and service infrastructure --- ready for immediate takeover.

Investment Highlights

- Turnkey revenue stream: fully functional hotel with room, F&B and events income potential --- quick cashflow for operators and investors.
- Strategic Ikeja GRA location: close to corporate offices, government agencies, embassies, Murtala Muhammed International Airport, shopping and transport hubs --- consistent corporate and transit demand.
- Multi‑revenue model: room revenue + restaurant + gym memberships + pool access + hall/event hire --- diversified income reduces volatility.
- Strong corporate and events catchment: the hall capacity and location position this asset as a preferred venue for large functions and conferences.
- Clear title (Deed of Assignment) --- documentation available for due diligence and financing.

Value‑Add & Redevelopment Potential

- Upscale repositioning: refurbish or rebrand to lift room rates and increase RevPAR (revenue per available room).
- Expand F&B & events offering: convert adjacent outdoor space into a garden events area or premium outdoor dining to boost revenues.
- Hybrid uses: partial conversion to serviced apartments or corporate suites for longer stays --- attractive to expatriates and project teams.

What's Included / Condition

- Fully functioning mechanical, electrical and hospitality systems --- details available upon request.
- Operational licenses and trade arrangements to be disclosed to qualified buyers.
- Staff and management transition options negotiable for a smooth takeover.

Viewing & Due Diligence

- Viewings strictly by appointment. Qualified, serious buyers will be prioritised.
- Full financials, occupancy history, operational details and title documents available under NDA to vetted buyers for expedited due diligence.

Contact The Build Centre Properties
Acquire a premium hospitality asset in Ikeja GRA --- immediate returns, strong corporate demand and event revenue make this a compelling buy. Arrange a private inspection and receive the full information pack today. Give us half a try and get a full return.
#daka


Property Details

Property Ref: 3219717Added On: 24 Nov 2025Last Updated: 24 Nov 2025
Market Status: AvailableType: Hotel / Guest HouseTotal Area: 2,000 sqm

Interesting Facts

Surprisingly, Ikeja GRA was designed for residential life but has since become very commercialised. A lot of the "old monies" of Lagos’ mainland still live in Ikeja GRA, and yes, they still golf at the Ikeja Golf club. Lagos has many government buildings and offices. Many government executives picked Ikeja GRA because of its convenient commute. Ikeja GRA is one of Lagos's safest areas due to the government's presence.

Leisure and Shopping

Ikeja GRA has all the amenities its inhabitants need, so they never have to leave their comfort zone. Marriott, Radisson Blu, and BON Hotel Ikeja are nearby hotels. Prince Ebeano supermarket and pharmacy has all your normal and hard-to-find groceries.

Popular Estates

Ikeja GRA has a lot of beautiful and well-constructed estates with great ambience and value for every dime spent to either rent or buy a house in the area. Some of the popular estates in Ikeja GRA include Orchid court, Millennium estate, Integrity Estate, Lonens Gardens, Greenlife Estate, Grapevine Estate, and Peace Court, amongst others.

Day Life

Ikeja GRA is an area always bustling with activities at any time of the day. One does not have to travel far to the Island to unwind as they are all available in Ikeja GRA. Ikeja GRA has places like Ocean basket, Jevinik Place, La Mango Restaurant and Lounge, The Place, Metro Park, and The Orchid Bistro. 

Night Life

Nightlife in Ikeja GRA comes alive with top nightclubs like Rumors Night Club, Cubana Night Club, The Crescendo Lounge and Bar, Pose 24/7 Club, Sandra’s bar, and The Cave nightclub among others

Schools

Education is a set of activities that are meant to help people reach certain goals, like passing on knowledge, skills, and character traits. In a bid to achieve these goals for the residents of Ikeja GRA, a lot of schools, government and private, including missionary and Islamic-inspired schools, were established within Ikeja GRA so residents wouldn't have to cross Ikeja GRA to be schooled. These schools have international recognition and operate at high standards. 

Read the full area guide for Ikeja GRA, Ikeja, Lagos.

Interested in this property?

Call 0902 XXXX Show Phone
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