Description

Fully Furnished 3 Bedroom Apartment

Location: GBAGADA

Price : 90M

Suitable for shortlet

Daily Rate:
N80k

Occupancy Rate:
15days(Monthly)

Monthly Revenue:
15days x N80k = N1.2m

Service Charge (Facility Management, Security, Marketing, land charge, Insurance and other expenses etc): 40% of N1.2m = N480,000

Monthly Profit (Revenue - Service Charge):
N1.2m - N480,000 = N720,000

Yearly Profit: N720,000 x 12months = N8,640,000

Total Profit in 10yrs: N8,640,000 x 10 = N86,400,000

Features:

- Fitted Kitchen
- Good Investment opportunity
-Close proximity to lovely landmarks
- POP Ceilings
- Top Notch Light Fittings
- Spacious Compound
- Balcony
- 24/7 Electricity
- Water Heater
- Walk-in Showers

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