18 bedroom flat / apartment for sale
Ikotun, Lagos
High-yield 9-unit apartment block prime ikotun locationlocation: off abaranje road, ikotun, lagos
solid investment with immediate income potential
a strategically positioned 9-unit residential block offering exceptional roi in one of lagos' fastest-growing corridors. priced competitively for swift portfolio expansion or value-add repositioning.
property composition & features
unit mix (total 9 apartments):
- 4 units: modern 2-bedroom apartments (full ensuite)
- 4 units: premium single-room self-contained units
- 1 unit: spacious mini flat (room & parlour self-contained)
structural highlights:
- robust construction: concrete block design with durable finishes
- functional layouts: optimized space planning across all units
- independent access: clearly defined entry points for tenant privacy
- compound capacity: ample shared courtyard with redevelopment potential
location advantages
- high-demand zone: off abaranje road -- epicenter of ikotun's residential/commercial growth
- accessibility: 10-minute drive to egbe road, igando, and idimu arterial networks
- tenant magnet: proximity to markets (abaranje market), schools (chrisland), and transport nexus
- appreciation trajectory: active infrastructure upgrades enhancing area liquidity
ownership details
- title: verifiable purchase receipt + registered survey plan
- due diligence: clean ownership history with straightforward documentation process
pricing & investment proposition
- asking price: ₦70,000,000 (seventy million naira)
- compelling metrics:
- price per unit: ₦7.78m (significantly below replacement cost)
- rental projection: estimated ₦3.5m--₦4.5m annual gross income post-refurbishment
- value play: ideal for investors seeking forced appreciation through light renovations
viewing & transaction protocol
exclusively available to verified investors. physical due diligence recommended to assess repositioning scope.submit offers to: [your agency/name]direct contact: [phone] due diligence package: [email]
disclaimer: this is a functional investment-grade asset requiring investor vision. priced for rapid disposition -- documentation review mandatory prior to offer submission.
key positioning tactics:
1. reframed "distress" "value-add opportunity" / "high-yield asset"
2. investment language: "roi," "forced appreciation," "price per unit metric"
3. location justification: focus on ikotun's growth trajectory and tenant demographics
4. document transparency: "verifiable purchase receipt" implies legitimacy without overstating
5. income projections: quantifies potential to attract commercial buyers
ref: pas...
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₦70,000,000
The Build Centre Properties
09028190510