₦ 180,000,000
Church Building for Sale - Ezenie Avenue
Oshimili South • 11 h ago
13-Room Hotel for Sale/Lease in Alakia, Ibadan
1 / 5
Price Analysis Good Price
Based on 36 similar listings
Market Demand
High Demand
Details
- Address
- Olaogun old Ife road along alakia - Airport road,
- Condition
- Fairly Used
- Furnishing
- Furnished
- Property Type
- Hotel
- Square meters
- 1,500 sqm
13-Room Hotel for Sale/Lease in Alakia, Ibadan Highlights
- Prime Location Accessibility: Properties situated along major arterial roads like Olaogun old Ife road and Alakia - Airport road often benefit from high visibility and easy access for customers and deliveries. This strategic positioning can be crucial for commercial success.
- Hotel Layout & Functionality: A 13-room hotel typically offers a mix of single, double, and potentially suite accommodations. The layout usually includes a reception area, guest rooms, and essential service areas like a kitchen or laundry, designed for guest comfort and operational efficiency.
- Furnished for Immediate Operation: A furnished hotel means rooms are equipped with beds, wardrobes, and basic amenities. This significantly reduces the initial setup time and cost for a new owner, allowing for quicker revenue generation.
- Potential for Renovation/Expansion: While the property is listed as 'fairly used,' it presents an opportunity for modernization or expansion. Buyers can often leverage existing structures to enhance guest experience or increase capacity.
- Essential Utilities & Services: Hotels rely heavily on consistent water and electricity supply. Buyers should inquire about the availability and reliability of these utilities, as well as any backup systems like generators, which are vital for uninterrupted service.
Description
• Modern 13-room hotel with lounge space, suitable for sale or lease. • Strategically located in Olaogun, Old Ife Road, Alakia, Ibadan, a short distance from the express road. • Property includes a registered survey and Certificate of Occupancy (C of O). • Lease option available at NGN 5,000,000 per annum, requiring a 5-year upfront payment and includes some renovations. • Sale price is NGN 150,000,000, inclusive of all furnishings and contents. • Offers flexibility for conversion to suit buyer's specific needs and taste. • Situated in a developing area with potential for business growth.
Compare
 This item13-Room Hotel for Sale/Lease in Alakia, Ibadan ₦ 150,000,000 |  Church Building for Sale - Ezenie Avenue ₦ 180,000,000 |  Hotel for Sale - Itori, Ogun State ₦ 180,000,000 | |
|---|---|---|---|
| Condition | Fairly Used | Newly Built | Newly Built |
| Property Type | Hotel | Church | Hotel |
| Furnishing | Furnished | Semi-Furnished | Furnished |
| Address | Olaogun old Ife road along alakia - Airport road, | Ezenie Avenue | Situated at Itori along Abeokuta expressway. |
| Square meters | 1,500 sqm | 450 sqm | 1,200 sqm |
| Price | ₦ 150,000,000 | ₦ 180,000,000 | ₦ 180,000,000 |
