14 bedroom flat / apartment for sale
Ireakari Estate, Okota, Isolo, Lagos
direct sale -- cash-flowing mini-estate in okota, lagos!
location: ire akari estate, okota, isolo, lagos
land size: approx. 631.14sqm
type: residential income property
price: ₦250,000,000
title: deed of assignment
---
property overview:
a solid cash-flowing development in the highly demanded okota axis, this fully fenced and gated property comprises:
10 units of self-contained 1-bedroom apartments
2 units of single room apartments
2 units of 2-bedroom apartments
currently in use for long-term rentals with strong occupancy and consistent rent inflow.
---
highest & best use:
this property is ideal for:
rental income investment (long-term tenants)
short-let / airbnb operation (high yield in urban clusters)
corporate staff housing
service apartments for medical tourists/expatriates
redevelopment into boutique apartments or student housing
---
investment potential:
projected monthly rental income: ₦1.8m -- ₦2.2m
annual rental yield (roi): 8.6% -- 10.5%
return on reinvestment (ror) with upgrade or short-let conversion: 15% -- 18% annually
break-even period: 6--7 years on long-let, 4--5 years on short-let
---
why this deal makes sense:
prime lagos location with daily rental demand
already earning -- plug & earn immediately
high land appreciation potential in ire akari axis
opportunity to renovate and upscale for higher returns
legal documentation intact -- direct and safe transaction
---
️ attention investors:
deals like this don't stay on the market for long. the numbers work. the demand is real. the income is stable.
book an inspection today.
call. 07013257514. 08141169442
you miss this --- you might not find another like ...
More details
₦250,000,000
Demilade D Agagu Consulting
08141169442