Abaranje, Ikotun, Lagos
₦65,000,000
| Property Ref: 3223545 | Added On: 26 Nov 2025 | Last Updated: 14 Dec 2025 |
| Market Status: Available | Type: Block of Flats | Bedrooms: 13 |
| Bathrooms: 9 | Toilets: 9 |
Here's a polished and professional property listing draft for your distressed block of flats:
DISTRESS SALE: WELL-STRUCTURED 9-UNIT BLOCK OF FLATS ABARANJE ROAD, IKOTUN, LAGOS
Seize a prime investment opportunity! This distressed 9-unit block of flats in the thriving Ikotun area of Lagos is now available at a competitive price. Ideal for investors seeking high rental yields or portfolio expansion.
PROPERTY DETAILS
- Total Units: 9 Self-Contained Apartments
- 4 Units: Spacious 2-Bedroom Flats
- 4 Units: Efficient 1-Room Self-Contain Studios
- 1 Unit: Versatile Mini Flat
- Layout: All units designed for modern living, maximizing space and functionality.
- Condition: Sold as seen (distressed sale -- priced for quick disposal).
LOCATION
- Address: Off Abaranje Road, Ikotun, Lagos
- Accessibility: Easy access to major roads, markets (Ikotun Market), schools, and key amenities.
- Neighborhood: High-demand residential area with strong rental potential.
TITLE DOCUMENTS
- Available: Receipt & Survey Plan
- Verification: Buyer to conduct due diligence on title perfection.
ASKING PRICE
- #65,000,000 (Sixty-Five Million Naira)
- Note: Distress sale -- price reflects urgency! Negotiable for serious buyers.
WHY INVEST?
- High Rental Demand: Ikotun attracts tenants seeking affordability near Lagos hubs.
- Portfolio Expansion: Add 9 revenue-generating units at below-market value.
- Renovation Potential: Unlock further value through refurbishment.
