Tenanted Block Of Flats With Bungalows And Shops

Off Ajayi Road, Ogba, Lagos, Nigeria, Ojodu, Lagos 0

$223,000 After Repair Value -
$196,000 Asking Price -
$0 Cost of Repairs =
$27,000 Potential Profit

Property Details

Asking Price $196,000

After Repair Value $223,000

Costs of Repairs $0

Potential Profit $27,000

Living Area 10570 ft2

Property Type Multiple / Combo

Bedrooms +6

Bathrooms +6

Half Bathrooms N/A

Parking +6

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $13,500

Yearly Expenses $1,000

Property Taxes N/A

Net Operating Income N/A

Cap Rate 6%

Property Description

This is a strategically located residential tenanted property comprising 5 Nos. 3 Bedroom Flats, A unit of 2 Bedroom Flat and 12 Nos. Lock-up Shops which spreads on 982 Sqm Area of Land. The well maintained property has carved a niche for itself by situating on a corner piece along an easily accessible tarred road which is proximal to other business districts. With basic infrastructures in place, this property is set to provide a comfortable environment which could be configured to suit your unique real estate requirement. Title to the property is a C of O. Kindly schedule your viewing today.


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