Strategic Investment Opportunity in Alimosho, Lagos

About this property

This flat apartment complex in Alimosho, Lagos, offers a solid investment opportunity with five units of three-bedroom flats. Currently, it has a well-structured arrangement that provides both rental income and potential for further development. The entire building sits on a generous land area of 670 square meters, ensuring ample space for various residential options or enhancements. Each of the flats is designed for practicality, highlighting a straightforward layout that appeals to tenants. With a total of 15 bedrooms and 15 bathrooms across the units, the property can accommodate a substantial number of residents, making it a profitable venture for investors looking to capture the rental market in the area. Current rental yields are promising, with each flat generating a solid income, which speaks to the demand in this location. The property is equipped with the essential legal documents including receipts, a survey plan, and an approved building plan, providing peace of mind for potential buyers. This documentation supports the legitimacy of the investment and its potential for future growth or modification. Located in a bustling area of Alimosho, accessibility is a significant advantage. The neighborhood is well-connected to main roads and public transport, making it convenient for residents. This accessibility enhances the attractiveness of the flats, ensuring steady occupancy rates. Ideal for investors aiming for long-term gains, this property is positioned to capitalize on the ongoing growth in Alimosho. Its combination of residential space and strategic location makes it a compelling choice for those looking to invest in Lagos's real estate market.

Location

Genesis Estate Aburu, Alimosho, Lagos

Map shows the general area — contact us for the exact location.