27-Room Hotel with Heavy-Duty Utilities

For Sale: Fully Equipped 27-Room Hotel in Victoria Island, Lagos ₦6.5 Billion 1,400 SQM 27 Suites (16 Single, 4 Mini, 7 Big) Turnkey Hospitality Asset --- Property Overview

• Location: Victoria Island, Lagos -- the epicenter of corporate business, diplomacy, and luxury in Nigeria.
• Property Type: 27-Room Hotel / Suites.
• Land Size: 1,400 SQM.
• Asking Price: ₦6,500,000,000 (₦6.5 Billion).
• Price per Room: ≈ ₦240.7 Million (Based on total room count).
• Status: Fully built, equipped, and ready for immediate hospitality operations or rebranding.

--- Key Highlights

• Turnkey Hospitality Asset: A fully built hotel with a well-defined room mix (16 Single Suites, 4 Mini Suites, 7 Big Suites), perfectly catering to both budget-conscious business travelers and vip guests.
• Massive Infrastructure Investment: The property features heavy-duty, independent utilities (200kva Generator, 100kva Transformer, 700ft Borehole, Water Treatment Plant, and a 10,000-liter diesel tank). This eliminates the usual operational headaches and massive setup costs for a new owner.
• Future-Proofed: Space has already been designated for the incorporation of a lift/elevator, allowing the new owner to easily upgrade the property's accessibility and star rating.
• Prime Victoria Island Address: Unmatched visibility and proximity to major banks, corporate headquarters, embassies, and leisure spots, ensuring a steady stream of high-value clientele.
• Value-Add Opportunity: The property is perfectly positioned for a complete rebrand, a boutique hotel upgrade, or a conversion into high-yield serviced apartments.

--- Property Features & Amenities

• 27 Rooms: 16 Single Suites, 4 Mini Suites, 7 Big Suites.
• Common Areas: Expansive Reception, Lounge/Bar area.
• Back of House: Fitted Kitchen, Fitted Laundry Room, 2 Servants' Quarters.
• Power & Water: 200kva Power Generator, 100kva Transformer, 10,000-liter diesel tank, 700ft Borehole, Water treatment plant, and reservoir.
• Structural: Space incorporated for a future lift installation.

--- Location Benefits -- Victoria Island

• Corporate & Diplomatic Hub: VI is Lagos's primary business district, ensuring consistent demand from corporate travelers, expatriates, and government officials.
• Excellent Connectivity: Easy access to Ahmadu Bello Way, Ozumba Mbadiwe, Eko Atlantic, and the Lekki-Ikoyi Link Bridge.
• Lifestyle & Entertainment: Surrounded by top-tier restaurants, nightlife, shopping centers, and the Landmark Beach resort.
• High Occupancy Demand: Hotels in VI consistently enjoy higher room rates and occupancy levels compared to other areas in Lagos.

--- Investment Value

• Asking Price: ₦6.5 Billion.
• Market Context: Acquiring a 27-room hotel with this level of existing infrastructure on 1,400 SQM in Victoria Island is a highly strategic investment. The cost of replicating the borehole, transformer, and water treatment setup alone is substantial, making this a cost-effective acquisition.
• Roi Potential: The room mix allows for dynamic pricing strategies. With a strong management team or rebranding, the hotel can generate significant annual revenue.
• Asset Appreciation: VI land and property values remain exceptionally resilient, ensuring long-term capital preservation.

--- Sale Opportunity A rare chance to acquire a fully equipped hospitality asset in Lagos's premier business district without the hassle of a lengthy development phase. Ideal for established hoteliers, institutional investors, or high-net-worth individuals looking to diversify into the hospitality sector. Ideal For:

• Hotel & Hospitality Groups.
• Institutional Investors & Pension Funds.
• Corporate Organizations seeking staff accommodation or a guest house.
• High-Net-Worth Individuals (UHNWIs).

Next Steps:

• Private Inspection (Strictly by appointment).
• Review of Financials & Operational Capacity.
• Title Verification.
• Purchase Negotiation & Immediate Closing.

Victoria Island + 27-Room Hotel + Heavy-Duty Utilities + ₦6.5B -- a turnkey hospitality investment in Lagos's premier business district. Serious inquiries only.