Premium Hospitality (28 Rooms) & Event Center (1, 000 Capacity) in Ipaja

About this property

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

Location

Ipaja

Ipaja, Lagos