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Hostel For Sale: Invest In 12 Units Of Self Contain - Investment - Nairaland

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Hostel For Sale: Invest In 12 Units Of Self Contain by truvine(m): 6:02pm On May 09, 2019
Invest in this 12 Units of Self Contain Hostel

Location:: Ijebu Ode/Ilese, beside Ogun State School of Health Technology

Available Document:
Registered Survey, Deed of Conveyance and Receipt.

Tenants are readily available. (Students of Health Technology, Ilese) as property is at the back of the school's fence

Asking Price : 20 Million Naira

Contact
07033953544, 09075379389

Re: Hostel For Sale: Invest In 12 Units Of Self Contain by essenceplus: 6:11pm On May 09, 2019
Nice.

1 Like

Re: Hostel For Sale: Invest In 12 Units Of Self Contain by truvine(m): 7:58am On May 13, 2019
Good morning.
God bless you
Re: Hostel For Sale: Invest In 12 Units Of Self Contain by Thane(m): 10:13am On May 13, 2019
20m? Does this include renovations in the property? also what's the feasible annual rent in the area?
Re: Hostel For Sale: Invest In 12 Units Of Self Contain by truvine(m): 10:52am On May 13, 2019
Thane:
20m? Does this include renovations in the property? also what's the feasible annual rent in the area?

#20m, Yes, it's an asking price.
Of course negotiable.

Renovations: it's not an abandoned property, students are currently residing in it. Well, taste are different, buyer may want a better taste, so renovations of this and that can be discussed

Rent/Room goes for #60k as at last year
Re: Hostel For Sale: Invest In 12 Units Of Self Contain by truvine(m): 8:56pm On May 13, 2019
Invest
Re: Hostel For Sale: Invest In 12 Units Of Self Contain by truvine(m): 7:13am On May 14, 2019
Invest
Re: Hostel For Sale: Invest In 12 Units Of Self Contain by truvine(m): 8:00am On May 14, 2019
Call for inspection
Re: Hostel For Sale: Invest In 12 Units Of Self Contain by truvine(m): 3:33pm On May 16, 2019
Invest
Re: Hostel For Sale: Invest In 12 Units Of Self Contain by Nobody: 11:20pm On May 16, 2019
truvine:
Invest in this 12 Units of Self Contain Hostel

Location:: Ijebu Ode/Ilese, beside Ogun State School of Health Technology

Available Document:
Registered Survey, Deed of Conveyance and Receipt.

Tenants are readily available. (Students of Health Technology, Ilese) as property is at the back of the school's fence

Asking Price : 20 Million Naira

Contact
07033953544, 09075379389

Let say it's sold for #15,000,000. Then #60,000*12= #720,000 per annum.

To recoup the money invested means...#15,000,000÷#720,000= 21years cheesy cheesy cheesy.

Let say the rent increase later and it's now 80k like after 5 years....it will still take like 15years atleast to recoup the capital.


This is not investment, it's simply scam.... I know of 14 unit self contain someone bought for 3.5m and the rent is this same 60,000 for polytechnic students. That's investment

Don't ask me which state or which poly. It's pointless to ask.

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Re: Hostel For Sale: Invest In 12 Units Of Self Contain by Delejumi(m): 12:22am On May 17, 2019
Financial empowerment live, I bet you in 3 months, you'll be thanking me for sharing this with you.
Note, it is a networking and it requires #2000 only, it's not a ponzi.
For more, you can do me on 0-8-1-0-3-2-3-4-6-8-2.
Re: Hostel For Sale: Invest In 12 Units Of Self Contain by truvine(m): 6:49am On May 17, 2019
Bayur01:


Let say it's sold for #15,000,000. Then #60,000*12= #720,000 per annum.

To recoup the money invested means...#15,000,000÷#720,000= 21years cheesy cheesy cheesy.

Let say the rent increase later and it's now 80k like after 5 years....it will still take like 15years atleast to recoup the capital.


This is not investment, it's simply scam.... I know of 14 unit self contain someone bought for 3.5m and the rent is this same 60,000 for polytechnic students. That's investment

Don't ask me which state or which poly. It's pointless to ask.

And you think, this should be a debate ?
No it wouldn't

First, #20m is an asking price ( well I can see you've negotiated it to #15m yourself)

Second, Your per year calculation is simply your own way, because you didn't tell me if the property is gonna varnish after those years

It's a matter of choice, if you want to recoup money fast, no qualms, you can check other business, surely real buyers will come knocking

Finally, be modest in your choice of words, calling someone's property that's put up for sale a scam doesn't conform to sanity, if you've anytime
in life arrange blocks together up to an habitable state

Shalom
Re: Hostel For Sale: Invest In 12 Units Of Self Contain by Nobody: 7:29am On May 17, 2019
Thane:
20m? Does this include renovations in the property? also what's the feasible annual rent in the area?


Come Invest That Same Amount Here In Oye-Ekiti , And Let Out A Room As High As 130-150k per year.

Even. single rooms here goes for as high as 60k per here
Accommodation is very lucrative here ooo
Check my signature
Re: Hostel For Sale: Invest In 12 Units Of Self Contain by jagaban001: 11:01am On May 17, 2019
You said it all . God bless you
Re: Hostel For Sale: Invest In 12 Units Of Self Contain by jagaban001: 11:03am On May 17, 2019
Bayur01:


Let say it's sold for #15,000,000. Then #60,000*12= #720,000 per annum.

To recoup the money invested means...#15,000,000÷#720,000= 21years cheesy cheesy cheesy.

Let say the rent increase later and it's now 80k like after 5 years....it will still take like 15years atleast to recoup the capital.


This is not investment, it's simply scam.... I know of 14 unit self contain someone bought for 3.5m and the rent is this same 60,000 for polytechnic students. That's investment

Don't ask me which state or which poly. It's pointless to ask.
God bless you , local scam

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