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Hotel / guest house for sale

22 Room Furnished Hotel / Guest House

Olarewaju Ariyibi Crescent Off Isheri Road, Igando, Ikotun, Lagos
₦222,000,000
#309-096-3 12 Sep 2025 68 views · last 30 days
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22 Bedrooms
22 Bathrooms
24 Toilets
1,200 m² Plot size
Hotel / Guest Property type
Furnished Furnishing
12 spaces Parking

About this property

For sale: 22‑room furnished hotel / guesthouse with restaurant & bar --- Video available --- Turnkey hospitality investment in a high‑visibility roadside location (near Hotel & Odo Eran bus stops). Property Summary

  • Property type: Hotel / Hospitality asset (going concern)
  • Location: Igando‑Isheri Road, Akowonjo (close to Hotel & Odo Eran bus stops)
  • Rooms: 22 furnished guest rooms (inventory and room mix available on request)
  • Additional assets: Restaurant & indoor bar; open‑air bar / entertainment area
  • Included plant & equipment: Beds, fridges, air conditioners, furniture, fittings, kitchen equipment, commercial cold storage
  • Site: Secure compound with guest parking and easy service access
  • Sale basis: For sale as a going concern (turnkey hospitality business) or as development land --- buyer to confirm intended use
  • Title / Documentation: Survey and Deed of Assignment (available for inspection)

Key features & fit‑out

  • 22 fully furnished rooms ready for immediate operation
  • Functional restaurant and indoor bar configured for hotel guests and external patrons
  • Open‑air bar / entertainment area suitable for events and additional F&B revenue
  • Commercial kitchen equipment and cold storage included, reducing immediate capex
  • Air conditioning in guest rooms and key common areas
  • Secure compound with parking and straightforward guest access

Location & market advantages

  • Prime roadside position on the Igando‑Isheri axis --- excellent visibility and drive‑by exposure
  • Immediate catchment from major bus stops (Hotel & Odo Eran) boosting walk‑in trade
  • Strong demand from business travellers, contractors, local tourists and commuters
  • Proximity to residential estates and commercial activity supports steady occupancy and F&B patronage

Business & Investment Appeal

  • Turnkey operation with inventory and operational fit‑out included --- immediate revenue potential
  • Attractive for operators seeking fast market entry or investors seeking an income asset
  • Option to acquire as development land for alternative uses (subject to approvals)

Title, documents & due diligence

  • Survey and Deed of Assignment available for inspection
  • Recommended buyer checks: verify Survey & Deed at Land Registry; confirm outstanding rates/taxes; review business licences, health/fire safety and food service permits
  • Detailed documentation and commercial discussions provided on a confidential basis subject to a signed nda

Video & viewings

  • Video of the property available
  • Viewings and detailed inspections by appointment only; serious buyers only

Contact Mr. Kola Adesina (EDBA)All enquiries, nda requests, and offers to: [Insert phone number / email]Serious proposals only --- detailed documentation will be shared on execution of an nda.

Features and amenities

Interior & Finishing

Tiled floors

Property details

Reference ID #309-096-3
Listed by The Build Centre Properties
Property type Hotel / Guest House
Listing status Hotel / guest house for sale
Bedrooms 22
Bathrooms 22
Toilets 24
Parking spaces 12
Plot size 1,200 m²
Furnishing Furnished

Area guide — Ikotun

Lagos

Interesting Facts

Ikotun hosts West Africa's most visited religious tourism site; The Synagogue Church of All Nations and is home to one of Lagos state's largest marketplaces; Ikotun Market. The popular Nigerian singer and songwriter, Ade...

Leisure and Shopping

Ikotun Market is one of the largest markets in Lagos State and is available to cater to the shopping needs of its residents. KAF Mall, Twins Faja Supermarket and Sengabis Supermarket are indoor shopping options within th...

Popular Estates

Given the large population of people that reside in Ikotun, it would be absurd if there were not enough housing alternatives in the vicinity. Peace Estate, as the name suggests, is a very serene option whereas Adams and...

Day Life

Ikotun is a wonderful area to visit if you want to unwind. Watch a movie at Filmworld Cinemas, cool off at the pool in Brainfield Event Centre, dine at Food City and Dominos Pizza or enjoy ice cream at Coldstone Creamery...

Night Life

Even at night, Ikotun bustles with activity. Popular nightlife spots include Ace Lounge, The Place, Club Hardrock, and The Leo Club.

Schools

Crestview International Schools, which includes a crèche, nursery, primary, and secondary school, is one of the most well-known schools in Ikotun. Other prominent schools in the area include Fortune Private Schools, Soli...

Read the full area guide for Ikotun, Lagos

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