Nigeria Property Centre

Unfurnished Hostels for Sale in Imo

There are 1 commercial property for sale in Imo as of 22 Aug 2026. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.

Massive 34 Rooms Hostel Property in Nekede, Imo State — Nekede, Owerri Municipal, Imo
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₦260,000,000

Hostel for sale

Massive 34 Rooms Hostel Property in Nekede, Imo State

Prime Investment Opportunity 34 Self-Contained Apartments 1,390 SQM An exceptional hostel property for sale in Nekede, Imo State, strategically located at Umuofocha, off Internal Word School, Nekede. The property comprises two blocks of purpose-built hostel accommodation, making it an excellent investment opportunity for individuals and corporate investors seeking a high-demand student accommodation property in Nekede, Owerri. Property Details - Location: Umuofocha, off Internal Word School, Nekede, Imo State - Property Type: Hostel / Student Accommodation - Total Units: 34 Self-Contained Apartments - Block 1: 24 Self-Contained Apartments - Block 2: 10 Self-Contained Apartments - Land Size: 1,390 SQM - Title Document: Deed - Asking Price: ₦260 Million WHY this property is a great investment Located in the Nekede axis, this property presents an attractive opportunity for investors looking to acquire income-generating hostel accommodation in Imo State. Its 34 self-contained units provide substantial rental potential, while the sizeable 1,390 SQM land parcel offers additional long-term value. Whether you are looking to expand your real estate investment portfolio, acquire a student hostel, or secure a property with strong rental-income potential, this property deserves serious consideration. ₦260 Million asking price Umuofocha, off Internal Word School, Nekede, Imo State Interested buyers and serious investors are invited to schedule an inspection and request further property details.

Nekede, Owerri Municipal, Imo Added yesterday
34 baths 34 toilets 10 Parking 1390 sqm
Kennedy Real Estate and Properties

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Area Guide

About Imo, Nigeria

Imo is a state located in the south east part of Nigeria with its capital city as Owerri. Imo state was created on February 3rd, 1976 out of the former East Central state during General Murtala Mohammed era. It is named after the Imo River which flows from the uplands of the state around Okigwe into the Atlantic ocean.

The state is bound by Anambra State to the North, Rivers State to the South, Akwa Ibom State to the East and to the West by Delta State. It lies within latitudes 4°45€²N and 7°15€²N, and longitude 6°50²E and 7°25€²E.

It is nicknamed "€œthe eastern heartland"

Imo state is part of Igboland and the original inhabitants are lgbos, a culturally homogeneous group. lgbo is the language spoken throughout the state with different dialects spoken in different parts.

Some other major towns in Imo state are Okigwe, Oguta, Orlu, Mbaise, Uzoagba and Emekuku. The state is rich in crude oil, natural gas and fertile, arable agricultural land.

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There are 1 available furnished hostels for sale in Imo. You can view and filter the list of property by price, furnishing and recency.