Premium Hospitality (28 Rooms) & Event Center (1,000 Capa...

Property Ref : 3439500

Hotel / guest house for sale

Baruwa, Ipaja, Lagos

₦500,000,000

Features

An exceptional opportunity to acquire a fully operational hotel and event facility strategically located in Baruwa, Ipaja, Lagos.

This property combines hospitality, events, and commercial income streams, making it ideal for investors, hotel operators, and event center businesses.

LOCATION ADVANTAGE
Located in Baruwa, Ipaja -- a densely populated and high-demand area
Strong foot traffic and commercial activity
Accessible road network for guests and events
Ideal for hospitality and event-driven business

PROPERTY FEATURES
HOTEL FACILITY
28 fully air-conditioned rooms
Well-structured accommodation setup
Ready for immediate operation

EVENT & HALL FACILITIES
Main Hall: Capacity of up to 1,000 guests
Second Hall: Capacity of up to 700 guests
Third Hall: Capacity of approximately 200 guests

Multiple halls create diverse revenue streams (weddings, conferences, events)

ADDITIONAL FACILITIES
Fully equipped gym
2 Mikano generators (reliable power supply)
Dedicated transformer
Sold fully furnished and equipped (as-is basis)

LAND SIZE
Built on 3 plots of land
Ample space for expansion or redevelopment

TITLE & DOCUMENTATION
Certificate of Occupancy (C of O)
Survey Plan
Family Receipt
Approved Building Plan

Secure and verifiable documentation

INVESTMENT VALUE
Dual-income stream: hotel + event center
High revenue potential from large-capacity halls
Ideal for:
Hospitality investors
Event center operators
Corporate acquisitions
Strong ROI potential in a high-demand location

PRICE
500,000,000 (Asking Price)
480,000,000 Net

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