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Commercial Property for sale Garki 1 Abuja - 0
Commercial Property for sale Garki 1 Abuja - 1
Commercial Property for sale Garki 1 Abuja - 2

4,500,000,000

Property address

​PID: 5HSNJ

Garki 1 Abuja

Last updated 2022-12-09 12:16:38.0
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Description

THE BELOW HOTEL IS AVAILABLE FOR SALE.

• "PRESENTING TO YOU FOR OUTRIGHT SALE; AN IRRESISTIBLE HOTEL WITH AN ATTRACTIVE AND HUGE RETURN ON INVESTMENT".

• A FUNCTIONING 72 ROOMS STANDARD HOTEL LOCATED AT "OFF AHMADU BELLO WAY, IN THE HEART OF GARKI AREA 11, ABUJA", IS AVAILABLE FOR OUTRIGHT SALES:

• HOTEL'S DESCRIPTION:
• "This Hotel is an Exotically Built and Well Furnished 6 Floors Functioning Standard Hotel with 72 Rooms, 3 Different Conference Rooms, an Underground, Swimming Pool, and Equipped Gym Facilities, Sitting on a 1,802 sqm Size of Plot; Located in the Heart of Garki, Area 11, Abuja".

• INVESTMENT BENEFITS OF PURCHASING THIS HOTEL:
• As much as there are many benefits to investing in commercial Properties, this particular Hotel is outstanding and guarantees a "Fast Return On Investment (FROI)" such as:

SUBSTANTIAL CURRENT INCOME AND SPENDABLE CASH,

EXCELLENT APPRECIATION OF ASSET VALUE,

ACCUMULATE SIGNIFICANT EQUITY THROUGH LEVERAGE,

MULTIPLY CURRENT CASH FLOW THROUGH LEVERAGE,

PROVIDES A SUPERIOR HEDGE AGAINST INFLATION,

UNIQUE SECURITY ADVANTAGE,

AND TAX BENEFITS.

HOTEL'S FULL FEATURES:
72 Standard Rooms,
• 6 Floors,
• An Underground,
• 3 Different Conference Halls,
• A Swimming Pool & Outdoor Bar,
• Modern Equipped Gym Room,
• Bar & Restaurant,
• Staff/Management Busses,
• Car Drop Services,
• Elevator,
• Business/Office Activities Center.

• Property's Location: @ Off Ahmadu Bello Way, in the Heart of Garki Area 11, Abuja (FCT).

• Property's Close Proximities: "25 Minutes Drive From the Nnamdi Azikwe Airport, 4 Minutes Drive from Federal Secretariat, 4 Minutes Drive from Nigerian National Mosque, and 5 Minutes Drive from World Bank".

Hotel's Title Document:
• Certificate of Occupancy (C of O).

Hotel's Plot Size by Square Metres:
• (1,802 sqm).

Hotel's Net Price:
• (NGN 4,500,000,000) "Four Billion, Five Hundred Million Naira". (This is the direct owner's Net price, and it is not negotiable please!).

NOTEWORTHY: FOLLOWING THE FACT THAT THIS HOTEL IS A FUNCTIONING HOTEL WITH MANAGEMENT STAFF ALWAYS ON SITE; THE INSPECTION CONDITION IS THAT, ANY INTERESTED BUYER IS TO, FIRST OF ALL, ISSUE A LETTER OF INSPECTION INTEREST OR NOTICE, STATING HIS OR HER INSPECTION INTEREST TO ENABLE PROPER INSPECTION ARRANGEMENTS TO BE MADE BECAUSE THE OWNER DOES NOT WANT TO CREATE UNNECESSARY PANIC NOTION OF THE HOTEL'S SALES PROCESS/IDEA ON THE MANAGEMENT STAFF FOR NOW. SO, UPON THE RECEIPT OF THE INTERESTED BUYER'S LETTER OF INSPECTION INTEREST/NOTICE, THE SELLER SHALL RESPOND WITH AN INSPECTION CLEARANCE/PERMISSION LETTER, AND FURNISH THE BUYER WITH A DATE AND TIME; FOR THIS HOTEL'S INSPECTION MEETING. AFTER A SUCCESSFUL INSPECTION, THE BUYER WILL THEN ISSUE AN OFFER LETTER TO THE OWNER; THROUGH MY OFFICE WITHIN THE PERIOD OF 24 HOURS FROM THE DAY AND TIME OF INSPECTION.

• HOTEL'S SALE AND PURCHASE TERMS & CONDITIONS: Photocopies of the hotel's documents will be given to the interested Buyer to perform a search. And upon successful and satisfactory search result, the Buyer will effect payment, and original copies of documents will be released to the Buyer plus signing and exchange of sale & purchase agreements documents, change of ownership document, and tax payments histories documents.

Contact me for my company's name and address instructions for issuance of the required inspection interest/notice letter.

BELOW ARE THIS HOTEL'S EXTERIOR & INTERIOR PHOTOS GALLERY.
...

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Price Change Graph

Average House Price for last month

NGN 1.10 million

Price Change in last 6 months

NGN 0.00 0.00 %

Historical Price

6 Months Ago

NGN 1.50 million
0.00

1 year Ago

NGN 1.50 million
0.00

2 years Ago

NGN 1.33 million
25.00