Hostel for sale
28-Unit En-Suite Accommodation Development
An excellent investment and development opportunity in Abraka, Delta State: a substantial 28-unit en-suite accommodation development located on Obadu Road, off Sapele Way. The property sits on approximately 2,294 sqm of land and is reported to be around 90% complete. Each unit is designed with a private bathroom and toilet. The development may suit student accommodation operators, investors, property developers, or buyers considering residential, hospitality or other alternative uses, subject to the necessary approvals. The completed development offers strong rental income potential, with actual returns depending on occupancy, rental rates and management. Property highlights: - 28 en-suite units - Approximately 2,294 sqm of land - Approximately 90% completed - Registered conveyance - Architectural and site plans available - Video walkthrough available on request - Physical inspection by appointment for serious buyers Asking price: ₦350 million. Serious offers will be considered. Prospective purchasers are encouraged to conduct their own inspections and due diligence.
Esther Fegiro Ugbobor