For Sale: 12-Room Hotel in Osapa, Lekki

Canal West, Osapa, Lekki, Lagos

₦1,500,000,000

Hotel

Commercial

About this property

Situated in the bustling area of Osapa, Lekki, this 12-room hotel offers a prime location for investors looking to capitalize on the thriving business environment. The property has been operating for nine years and continues to be a well-known establishment in the neighborhood. With a land size of 653.351 square meters and a governor's consent title, the hotel enjoys a robust infrastructure and a steady customer base. The hotel underwent significant renovations in 2023, with a cost of approximately 130 million Naira, ensuring that the facilities are up-to-date and attractive to patrons. Additionally, the hotel holds other assets worth 170 million Naira, adding substantial value to the overall package. Over the past years, the hotel has generated an average annual income of 250 million Naira, indicating a strong and consistent revenue stream. The property is currently listed for sale at 1.5 billion Naira, with the owner open to discussing any reasonable offers. For investors seeking a reliable and profitable business in the heart of Lekki, this hotel offers a solid investment opportunity.