For sale: Tastefully Built 26 Units Of 2 Bedroom Apartment With Bq

House For Sale Eric Moore Surulere Lagos selling for ₦2,400,000,000. See property details on PrivateProperty.com.ng or browse all our range of properties in Eric Moore Surulere Lagos

DEALING WITH THE MANDATE AND OWNER

FOR SALE

26 NOS OF 2 BEDROOM APARTMENT/ FLAT WITH BQ


SITTING ON 1720SQM

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PRICE: #2.4BILLION .

RESIDENTIAL HIGHRISE BUILDING IN ERIC MOORE ROAD CENTRAL SURULERE

FEATURES

LARGE CAR PARKING
STANDARD GYM
VOLLEYBALL COURT
CONFERENCE HALL
CHILDREN PLAY GROUND


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BREAK DOWN REVENUE OF THE BUILDING AS REGARDS SHORTLET BUSINESS

NUMBER OF APARTMENTS: 26UNITS

NUMBER OF BQ :26UNITS


APARTMENTS ROOM PER DAY LET: #55,000.

BOYS QUARTERS PER DAY LET : 20,000

BOTH GENERATE PER DAY : #75,000

MONTHLY RETURNS PER UNIT: 75,000 × 30 = #2,250,000

YEARLY RETURNS PER UNIT: #27,000,000

RETURNS ON 26UNITS PER ANUM :#27,000,000 × 26

TOTAL: #702,000,000

Calculation was calculated based on if all rooms in the building are fully booked all through the year.

Even if all rooms are not fully occupied throughout a year owner is guaranteed well over #500million revenue per annum


Note: buyer will take poccesion of 100% vacant building on payment .