22 bedroom block of flats for sale
Thomas Estate, Ajah, Lagos
A fantastic and most affordable investment opportunity has now arisen in the popular divine homes in thomas estate ajah.
the investor will have an opportunity to own block of flats - 10 units of studios and 12 units of mini flats spread across three buildings on a massive compound in thomas estate, ajah.
this type of opportunity does not readily come to the market often. the buildings are relatively new and extremely clean and well maintained, so no renovation work needed.
rental income from the studios at the current rental value - 600k per studio * 10 = 6million per year.
mini flat at the current rental value - 1.2m per flat * 12 = 14,400,000
in a year = 20,400,000
and we all know the land continues to appreciate and rental value increases.
thomas estate is a very peaceful and well maintained estate. it has very good road network and easy to access. it is close to a major road with proximity to essential amenities, shops, schools etc. it is one of the sought after estates for persons seeking to rent apartments.
the property already has existing tenants at 100% capacity.
this is a must see- do not miss out!
only serious buyers will be taken. agents are enjoined to please make sure their client is cash ready before reaching out.
the buyer must have serious interest and is cash rea...
More details
₦190,000,000
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08135982248