21-Unit Hostel for Sale near FUNAAB, Abeokuta

21-Unit Hostel for Sale near FUNAAB, Abeokuta - 1
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Price Analysis Great Deal

Based on 187 similar listings

Market Demand

High Demand

Details

Address
House2 Elim arena hostel, Apakila camp Abeokuta.
Condition
Fairly Used
Furnishing
Furnished
Property Type
Hotel
Square meters
668 sqm
Parking Spaces
8
Secure Parking
true

21-Unit Hostel for Sale near FUNAAB, Abeokuta Highlights

  • Prime Location Potential: Hostels in developing areas often benefit from proximity to educational institutions, transportation hubs, or tourist attractions. This can lead to consistent occupancy and revenue.
  • Ample Space for Expansion: A larger square meterage allows for potential expansion of existing facilities or the addition of new amenities. This could include more rooms, common areas, or recreational spaces.
  • Furnished for Immediate Operation: A furnished hostel means it's ready for immediate use or rental. This significantly reduces the initial setup time and cost for a new owner.
  • Secure Parking Availability: Dedicated and secure parking is a valuable amenity for guests, especially in busy urban areas. It enhances guest convenience and property appeal.
  • Consideration for Property Condition: The condition of a commercial property impacts operational costs and guest experience. Fairly used properties may require ongoing maintenance or upgrades.

Description

• 21 spacious self-contained rooms on a full plot, a storey building in a serene environment. • Each unit includes a standard room, toilet & bath, and a kitchen. • Property is fully fenced and gated with 4 water tanks and a running water system. • Includes a hostel generator and prepaid meter for electricity. • Located in Apakila, close to FUNAAB and FCE Osiele, offering excellent rental potential. • Ample parking space for 8 vehicles with secure parking. • Property is fairly used and furnished.

Compare

21-Unit Hostel for Sale near FUNAAB, AbeokutaThis item
21-Unit Hostel for Sale near FUNAAB, Abeokuta
₦ 90,000,000
Gas Plant Station for Sale in Ilorin
Gas Plant Station for Sale in Ilorin
₦ 100,000,000
Distress Sale: 10 Units 1-Bedroom Flats, 6 Self-Contains, 10 Rooms, 3 Shops
Distress Sale: 10 Units 1-Bedroom Flats, 6 Self-Contains, 10 Rooms, 3 Shops
₦ 75,000,000
ConditionFairly UsedFairly UsedOld
Property TypeHotelGas PlantWarehouse
FurnishingFurnishedFurnishedUnfurnished
AddressHouse2 Elim arena hostel, Apakila camp Abeokuta.Eyekorin Road ilorinNKPOLU COMMUNITY OFF RUMUIGBO
Square meters668 sqm1,000 sqm3,000 sqm
Parking Spaces810+—
Secure Parkingtruetrue—
Price₦ 90,000,000₦ 100,000,000₦ 75,000,000