62-Room Hotel & Suites

Distress Sale -- Fully Furnished & Functioning 62-Room Hotel in Lekki Phase 1, Lagos 62 Rooms & Suites C of O Title Land Size: 1,100 SQM Distress Price: ₦2.5 Billion ≈ ₦2.27M per Room Property Overview

• Location: By Pinnacle Filling Station, Maruwa -- Lekki Right, Lekki Phase 1, Lagos.
• Property Type: Fully furnished and functioning hotel with 62 rooms & suites.
• Land Size: 1,100 SQM.
• Title: Certificate of Occupancy (C of O).
• Distress Price: ₦2,500,000,000 (motivated seller).
• Status: Operational hotel, fully furnished, ready for immediate takeover.
• Video & Documents: Available for immediate closure.

Key Highlights

• Distress Sale Opportunity: A fully functional hotel at a significantly reduced price -- rare in the Lekki Phase 1 market.
• Turnkey Operation: The hotel is fully furnished and currently operating -- new owner can start generating revenue immediately.
• Strong C of O Title: Full government-issued Certificate of Occupancy ensures legal security, bankability, and smooth transfer.
• Prime Lekki Phase 1 Location: Walking distance to the Lekki-Epe Expressway and the major Coastal Road -- excellent connectivity and visibility.
• Large Room Count: 62 rooms & suites -- significant capacity for corporate, leisure, and event-driven demand.

Hotel Features & Amenities

• 62 Rooms & Suites: All rooms en-suite.
• Swimming Pool: Present in the compound but currently covered to create additional parking space (can be restored).
• Mini Supermarket & Bar: On-site convenience and revenue stream.
• Ample Parking: Space created by covering the pool, plus additional parking.
• Fully Furnished: Ready for immediate operation -- no additional furnishing required.
• Functional & Operating: Ongoing business -- staff, systems, and goodwill in place.

Location Benefits -- Lekki Phase 1 (Maruwa -- Lekki Right)

• Excellent Connectivity: Walking distance to Lekki-Epe Expressway and Coastal Road -- easy access for guests from Victoria Island, Ikoyi, Ajah, and the Lekki corridor.
• High-Traffic Area: Surrounded by businesses, residential estates, and commercial activity -- strong demand for hotel services.
• Proximity to Landmarks: Close to major filling stations, corporate offices, and leisure spots.
• Secure & Prestigious: Lekki Phase 1 is one of Lagos's most sought-after addresses -- a premium location for hospitality.

Investment Value

• Distress Price: ₦2.5 Billion.
• Price per Room: ≈ ₦40.3 Million per room (₦2.5B ÷ 62).
• Market Context: For a fully furnished, functioning hotel with C of O in Lekki Phase 1, this is a deeply discounted price -- reflecting the seller's urgency.
• Income Potential: Immediate cash flow from existing operations; upside potential by restoring the pool, upgrading facilities, or rebranding.
• Capital Appreciation: Lekki Phase 1 real estate values continue to rise -- land value alone (1,100 SQM) is substantial.
• Turnkey Acquisition: No construction or furnishing period -- start earning from day one.

Sale Opportunity A rare opportunity to acquire a fully operational 62-room hotel in Lekki Phase 1 at a distress price. Ideal for hospitality investors, hotel chains, or high-net-worth individuals seeking an income-generating asset with strong upside. Ideal For:

• Hotel & Hospitality Investors.
• Corporate Organizations seeking staff accommodation or guest house.
• High-Net-Worth Individuals diversifying into hospitality.
• Real Estate Investors looking for a value-add turnaround.

Next Steps:

• Private Inspection (video available).
• Documentation Review (C of O, hotel operating documents).
• Purchase Negotiation.
• Immediate Closing.

Lekki Phase 1 + 62-Room Hotel & Suites + C of O + Fully Furnished & Functioning + Distress ₦2.5B -- a turnkey hospitality investment. Serious inquiries only -- all relevant documents available for immediate closure.