Tenanted Block of Flats for Sale in Utako, Abuja | 14 Units | Income-Generating Property | ? 3 Billion Net

A prime opportunity to acquire a fully tenanted block of flats in Utako, Abuja, one of the most strategic and high-demand rental locations within the Federal Capital Territory.

This property consists of 14 residential units, all currently occupied, providing immediate and stable rental income for investors seeking cash-flowing real estate assets.

Located in a gated and secure compound with good access roads, the property is well-suited for institutional investors, portfolio expansion, or long-term income generation.


Property Details

Location: Utako, Abuja, Nigeria
Property Type: Block of Flats (Fully Tenanted)
Total Units: 14

Price: ? 3,000,000,000 (Net)

Agency Fee: 5% applies
Reference Number: LCN00122G


Property Breakdown

* 8 Units of 3-Bedroom Apartments
* 4 Units of 2-Bedroom Apartments
* 2 Units of Self-Contained Apartments

Key Features

* Fully occupied with immediate rental income
* Located in a high-demand rental hub in Utako
* Secure gated compound with parking space
* Good structural condition with recent renovations
* Easy access to major roads, commercial areas, and business districts
* Suitable for long-term rental investment

Investment Highlights

* Stable and consistent cash flow from day one
* Strong rental demand ensures low vacancy risk
* Ideal for institutional investors and portfolio buyers
* Potential for rental yield growth and capital appreciation