Newly Built 22-Room Hostel for Sale at Uniport, Aluu

Newly Built 22-Room Hostel for Sale at Uniport, Aluu - 1
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Price Analysis Good Price

Based on 178 similar listings

Market Demand

High Demand

Details

Address
Aluu, Port Harcourt close to UNIPORT
Condition
Newly Built
Furnishing
Furnished
Property Type
Hostel
Square meters
5,574 sqm
Secure Parking
true

Newly Built 22-Room Hostel for Sale at Uniport, Aluu Highlights

  • Prime University Proximity: Hostels located near universities benefit from a consistent demand from students seeking convenient and affordable accommodation. This proximity often translates to high occupancy rates and strong rental income potential.
  • Modern Hostel Design: Newer hostels are typically designed with modern amenities and efficient layouts to maximize space and comfort for residents. This can include well-ventilated rooms, common areas, and adequate bathroom facilities.
  • Furnished for Immediate Use: Furnished hostels offer a significant advantage by allowing for immediate rental upon purchase. This saves the new owner the time and expense of furnishing each room and common space.
  • Spacious Property: A large square meterage indicates ample space for multiple rooms, common areas, and potentially additional facilities like study rooms or recreational spaces. This allows for a higher capacity and better student experience.
  • Secure Parking Availability: Secure parking is a valuable amenity for hostels, especially in urban or university areas where parking can be scarce. It enhances convenience and safety for residents who own vehicles.

Description

• Newly constructed hostel on 1 plot of land, built in 2024, featuring 21 self-contained units and 1 self-contained security house. • Includes a commercial shop unit, CCTV surveillance system, and an 8,000-litre water storage tank for reliable supply. • Offers a dedicated sit-out/relaxation area within a securely fenced and fully developed compound. • Strategically located in Aluu, Port Harcourt, offering excellent accessibility and proximity to the University of Port Harcourt (Uniport). • Ideal investment property generating income, situated in a secure and accessible area. • Property Type: Hostel, Condition: Newly Built, Furnishing: Furnished.

Compare

Newly Built 22-Room Hostel for Sale at Uniport, AluuThis item
Newly Built 22-Room Hostel for Sale at Uniport, Aluu
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Commercial Property with Governor's Consent for Sale/Lease
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ConditionNewly BuiltNewly BuiltNewly Built
Property TypeHostelShopShop
FurnishingFurnishedUnfurnishedUnfurnished
AddressAluu, Port Harcourt close to UNIPORTWuse 2no 4 Agungi road
Square meters5,574 sqm50 sqm72 sqm
Secure Parkingtruetrue—
Price₦ 190,000,000₦ 150,000,000₦ 195,000,000