Residential land joint venture
Utako, Abuja
Jv / hot distress sale -- amazing development opportunity in utako, abuja
an exceptional chance for a savvy developer to reposition a well-located residential asset in the heart of utako. sitting on 2500sqm, this property currently features 8 units of old-design 4-bedroom semi-detached duplexes that are ideal for full remodeling, redevelopment, or a mixed upgrade strategy. with additional space on the land, you can remodel the existing units and develop more, creating multiple revenue streams and strong resale potential.
location: utako, abuja
land size: 2500sqm
purpose: residential
title: c of o
price: ₦1.3b
description:
well-situated residential property consisting of 8 units of 4-bedroom semi-detached duplexes requiring modernization. excellent for redevelopment, upscale remodeling, or converting into premium residential units for resale.
jv terms
land value: ₦1.3b
premium: ₦400m (non-refundable)
sharing: 60/40%
facilitator fee: 10%
building approval: none
owner proposal: none
procedure: inspection only. no loi, no profile required. direct meeting with the owner.
note: all conditions are strictly non-negotiable.
this property is strategically located and offers excellent roi for developers looking to optimize land use in an appreciating district.
very important notice
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this listing is exclusively for serious, financially prepared direct clients. we kindly request that third parties, agents, and brokers refrain from contacting us, as we engage only with cash-ready clients.
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₦1,300,000,000
Knight Angels Realties Ltd
08151917169