2 bedroom flat / apartment for sale
For Sale
Property Details
Sale Details
Price Information
₦150,000,000
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About This Property
Distress Sale: Multi-Unit Apartment Complex Generating High Annual Income
An exceptional opportunity awaits discerning investors! We are pleased to present a distress sale of a lucrative multi-unit apartment complex boasting significant rental income potential. This property offers a compelling investment proposition due to its strong occupancy rates and substantial annual revenue.
Property Details:
- Unit Breakdown: The complex comprises a total of four units, strategically divided as follows:
- 2 x Two-Bedroom Apartments
- 2 x Three-Bedroom Apartments
- Occupancy: Currently 100% occupied, ensuring a consistent and reliable income stream.
- Annual Income: Generating a substantial annual rental income of ₦13,000,000 (Thirteen Million Naira).
Financial Highlights:
- Sales Price: ₦150,000,000 (One Hundred and Fifty Million Naira)
- Professional Fees: A 5% buyer's professional fee applies to the sales price. This equates to ₦7,500,000 (Seven Million Five Hundred Thousand Naira).
Investment Opportunity:
This distress sale presents a rare chance to acquire a high-yielding investment property at a potentially advantageous price. The fully occupied nature of the complex ensures immediate cash flow, minimizing vacancy risks and offering a secure return on investment. The strong annual income significantly outweighs the buyer's professional fees, making this a compelling opportunity for experienced investors seeking stable and substantial returns. Interested parties are encouraged to act swiftly to secure this exceptional deal.
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