20-Bedroom Hostel for Sale in Benin City

20-Bedroom Hostel for Sale in Benin City - 1
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Price Analysis Great Deal

Based on 2895 similar listings

Market Demand

High Demand

Details

Title
Deed of Assignment, Registered Survey
Bedrooms
20
Bathrooms
20
Condition
Fairly Used
Furnishing
Unfurnished
Listing by
Agent
Parking Space
true
Property Type
Apartment
Property size
900 sqm
Self Contained
Yes
Property Address
Ekosody community in Ugbowo, Benin city

20-Bedroom Hostel for Sale in Benin City Highlights

  • Spacious Apartment Living: Apartments offer a distinct living experience, often featuring multiple bedrooms and bathrooms. This layout is ideal for larger families or those who value ample personal space within a single dwelling.
  • Established Neighborhoods: Properties in established communities like Ugbowo often benefit from existing infrastructure and a sense of local familiarity. Proximity to amenities and transport links is common in such areas.
  • Potential for Renovation: Fairly used properties present an opportunity for buyers to update and customize the space to their preferences. This can be a cost-effective way to achieve a modern living environment.
  • Utility Considerations: In many urban areas, access to reliable water and electricity can vary. Buyers often investigate the existing utility connections and potential for upgrades.
  • Security Features: Apartment buildings and complexes often incorporate security measures such as controlled access points and on-site personnel. These features contribute to resident safety and peace of mind.

Description

• Fully occupied hostel comprising 32 self-contained units on a 100x100ft fenced land. • Located in Ekosodin, beside UNIBEN, a prime area for student accommodation. • Property includes Oba approval, Deed of Transfer, and Survey documents. • Offers significant rental income potential due to high occupancy. • Close proximity to the University of Benin ensures consistent tenant demand. • Well-fenced property provides security for residents and assets. • Investment opportunity in a high-demand rental market.

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ConditionFairly UsedNewly BuiltFairly Used
Property TypeApartmentDuplexBlock of Flats
Bedrooms2035
Bathrooms2035
FurnishingUnfurnishedUnfurnishedSemi-Furnished
Parking Spacetruetruetrue
Self ContainedYes——
TitleDeed of Assignment, Registered SurveyGovernor's Consent—
Listing byAgentAgent—
Property size900 sqm350 sqm600 sqm
Property AddressEkosody community in Ugbowo, Benin cityAdo road, Ajah600
Price₦ 97,000,000₦ 100,000,000₦ 90,000,000