Ikeja GRA, Ikeja, Lagos
₦6,000,000,000
| Property Ref: 3219717 | Added On: 24 Nov 2025 | Last Updated: 15 Dec 2025 |
| Market Status: Available | Type: Hotel / Guest House | Total Area: 2,000 sqm |
FOR SALE --
FULLY FUNCTIONAL HOTEL IN IKEJA GRA (TURNKEY INVESTMENT)
A rare hospitality asset in a premium neighbourhood --- immediate income, strong corporate demand and event hosting capability.
Location: Ikeja GRA, LagosLand Size: 2,000 sqmTitle: Deed of AssignmentBuilding: Onestorey hotel (wellmaintained)Asking Price: 6,000,000,000 (Six Billion Naira) --- Serious Buyers Only
Property Overview
- 32 wellappointed rooms across 4 categories --- designed to capture both corporate and leisure guests.
- Event hall with seating capacity for over 200 guests --- ideal for conferences, weddings, corporate functions and training events.
- Full guest facilities: onsite restaurant, fully equipped gym and swimming pool --- enhances guest experience and drives ancillary revenue.
- Ample parking for 20+ cars --- convenient for events and daily operations.
- Status: Fully operational hotel with established fittings, fixtures and service infrastructure --- ready for immediate takeover.
Investment Highlights
- Turnkey revenue stream: fully functional hotel with room, F&B and events income potential --- quick cashflow for operators and investors.
- Strategic Ikeja GRA location: close to corporate offices, government agencies, embassies, Murtala Muhammed International Airport, shopping and transport hubs --- consistent corporate and transit demand.
- Multirevenue model: room revenue + restaurant + gym memberships + pool access + hall/event hire --- diversified income reduces volatility.
- Strong corporate and events catchment: the hall capacity and location position this asset as a preferred venue for large functions and conferences.
- Clear title (Deed of Assignment) --- documentation available for due diligence and financing.
ValueAdd & Redevelopment Potential
- Upscale repositioning: refurbish or rebrand to lift room rates and increase RevPAR (revenue per available room).
- Expand F&B & events offering: convert adjacent outdoor space into a garden events area or premium outdoor dining to boost revenues.
- Hybrid uses: partial conversion to serviced apartments or corporate suites for longer stays --- attractive to expatriates and project teams.
What's Included / Condition
- Fully functioning mechanical, electrical and hospitality systems --- details available upon request.
- Operational licenses and trade arrangements to be disclosed to qualified buyers.
- Staff and management transition options negotiable for a smooth takeover.
Viewing & Due Diligence
- Viewings strictly by appointment. Qualified, serious buyers will be prioritised.
- Full financials, occupancy history, operational details and title documents available under NDA to vetted buyers for expedited due diligence.
Contact The Build Centre Properties
Acquire a premium hospitality asset in Ikeja GRA --- immediate returns, strong corporate demand and event revenue make this a compelling buy. Arrange a private inspection and receive the full information pack today. Give us half a try and get a full return.
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