20-Room Hostel for Sale, FUTO Owerri

20-Room Hostel for Sale, FUTO Owerri - 1
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Price Analysis Good Price

Based on 116 similar listings

Market Demand

High Demand

Details

Address
Back of FuTo owerri
Condition
Fairly Used
Furnishing
Furnished
Property Type
Hostel
Square meters
500 sqm
Parking Spaces
1

20-Room Hostel for Sale, FUTO Owerri Highlights

  • Prime Location Near FuTo: Properties located near educational institutions like FuTo often benefit from consistent demand from students and staff. This proximity can translate to higher occupancy rates and rental income potential.
  • Hostel Layout Efficiency: Hostel designs typically maximize space utilization with multiple rooms and shared common areas. This layout is optimized for accommodating a significant number of residents efficiently.
  • Furnished for Convenience: Furnished properties offer immediate usability for tenants, reducing their upfront costs and hassle. This is a significant advantage for rental accommodations, especially for student housing.
  • Adequate Parking Availability: Sufficient parking is crucial for residential properties, especially in areas with high student or staff populations. It enhances convenience for residents and visitors.
  • Consideration for Utilities: Reliable access to water and electricity is fundamental for any residential property. Buyers should inquire about the current state and capacity of these essential services.

Description

• A 20-room self-contained hostel located near FUTO Owerri, second gate. • Features include 20 rooms, each with its own toilet and bath, plus one lounge, a large store, and a security post. • Equipped with an inverter/solar system and a dedicated generator house for reliable power. • Ample parking space available within the compound. • Property includes an irrevocable power of attorney, receipt of sale, survey (red copy), and environmental impact analysis report. • Situated on approximately 500 square meters.

Compare

20-Room Hostel for Sale, FUTO OwerriThis item
20-Room Hostel for Sale, FUTO Owerri
₦ 250,000,000
2-Storey Commercial Building on 2 Plots - Uncompleted, SARS Road, PH
2-Storey Commercial Building on 2 Plots - Uncompleted, SARS Road, PH
₦ 290,000,000
Functional School Building with 17 Classrooms, Ada George
Functional School Building with 17 Classrooms, Ada George
₦ 300,000,000
ConditionFairly UsedUncompleted BuildingNewly Built
Property TypeHostelHallSchool
FurnishingFurnishedUnfurnishedSemi-Furnished
AddressBack of FuTo owerriSars roadA functional school comprising of 17 class room
Square meters500 sqm930 sqm1,395 sqm
Parking Spaces110+10+
Price₦ 250,000,000₦ 290,000,000₦ 300,000,000