62-Room Hotel for Sale in Lekki Phase 1

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Details

Address
Maruwa, Lekki Phase 1, Lagos
Condition
Fairly Used
Furnishing
Furnished
Property Type
Hotel
Square meters
1,100 sqm

62-Room Hotel for Sale in Lekki Phase 1 Highlights

  • Prime Lekki Phase 1 Location: This property is situated in Maruwa, a well-established and sought-after area within Lekki Phase 1, Lagos. This location offers excellent accessibility and proximity to key business and leisure hubs.
  • Generous 1100 sqm Footprint: The hotel occupies a substantial 1100 square meters, providing ample space for its 62 rooms and extensive facilities. This size allows for comfortable guest areas and operational efficiency.
  • Established Hotel Operation: As a hotel, this property is designed for hospitality services, typically including guest rooms, common areas, and potentially dining or event spaces. Its existing structure supports immediate operational use.
  • Furnished for Immediate Use: The hotel comes furnished, meaning essential furniture and fixtures are already in place. This significantly reduces the time and cost required to begin operations or to re-lease the property.
  • Potential for Renovation: While described as 'fairly used,' this suggests the property has been operational. It presents an opportunity for modernization or refurbishment to enhance guest experience and property value.

Description

• Prime investment opportunity: 62-room hotel situated on 1,100 SQM in Maruwa, Lekki Phase 1, Lagos. • Property features include a supermarket and bar, offering diverse revenue streams. • Located in a highly sought-after commercial and residential hub with significant foot traffic. • Title document is Governor’s Consent, ensuring a clear ownership transfer. • Ideal for hospitality investors seeking to expand or enter the Lagos market. • Asking price: ₦2.5 Billion.

Compare

62-Room Hotel for Sale in Lekki Phase 1This item
62-Room Hotel for Sale in Lekki Phase 1
₦ 2,500,000,000
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ConditionFairly UsedFairly UsedFairly Used
Property TypeHotelWarehouseWarehouse
FurnishingFurnishedSemi-FurnishedUnfurnished
AddressMaruwa, Lekki Phase 1, LagosGrace Baptist Street off Ejigbo-Isolo RoadCreek Road, Apapa, Lagos
Square meters1,100 sqm1,900 sqm1,700 sqm
Price₦ 2,500,000,000₦ 1,800,000,000₦ 2,500,000,000

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