12-Room Hotel for Sale in Osapa London

12-Room Hotel for Sale in Osapa London - 1
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Price Analysis Above Market

Based on 109 similar listings

Market Demand

High Demand

Details

Address
Osapa London
Condition
Newly Built
Furnishing
Furnished
Property Type
Hotel
Square meters
653 sqm
Parking Spaces
10+

12-Room Hotel for Sale in Osapa London Highlights

  • Prime Location in Osapa London: Osapa London is a well-established and sought-after area, known for its accessibility and growing commercial activity. Properties here benefit from proximity to key business districts and residential hubs.
  • Spacious Hotel Layout: Hotels of this size typically offer multiple guest rooms, common areas, and staff facilities. A 653 sqm property suggests a substantial footprint designed for efficient guest flow and operational needs.
  • Furnished for Immediate Operation: A furnished hotel means essential guest amenities like beds, seating, and basic decor are already in place. This significantly reduces the initial setup time and cost for a new owner.
  • Ample Parking Availability: With 10+ parking spaces, this hotel is well-equipped to accommodate guests and staff. Sufficient parking is crucial for guest convenience and can be a significant draw for visitors.
  • Newly Built Construction: Newly built properties generally feature modern building standards, updated utilities, and contemporary design. This often translates to lower immediate maintenance costs and improved energy efficiency.

Description

• Established 12-room hotel business operating for 9 years in Osapa London, Lekki. • Property spans 653.351 sqm with Governor's Consent title. • Building and land valued at NGN 1.2 billion. • Recently remodeled in 2023. • Includes 10+ parking spaces. • Suitable for continued hospitality operations or redevelopment.

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ConditionNewly BuiltFairly UsedFairly Used
Property TypeHotelTerraced DuplexWarehouse
FurnishingFurnishedUnfurnishedSemi-Furnished
AddressOsapa LondonLekki phase 1Old ojo roads Lagos
Square meters653 sqm915 sqm23,000 sqm
Parking Spaces10+10+10+
Price₦ 1,800,000,000₦ 1,500,000,000₦ 1,500,000,000