Prime 32-Room Hotel for Sale in GRA Ikeja Lagos – Fully Operational Hospitality Investment

A rare investment opportunity to acquire a fully operational hotel in the prestigious and highly sought-after GRA Ikeja, Lagos. This well-positioned hospitality property sits on a spacious 2,000sqm land area along the prime Joel Ogunaike Street, one of Ikeja’s most strategic and upscale locations.
The hotel features 32 well-appointed rooms and is currently operating as a going concern, providing immediate income potential for investors, hospitality operators, and corporate buyers.
Located in a premium neighborhood with excellent accessibility to major business districts, airports, and commercial hubs, this property offers strong value for both long-term capital appreciation and continued hospitality operations.
Property Details:
Property Type: Operational Hotel / Hospitality Investment
Location: Joel Ogunaike Street, GRA Ikeja, Lagos
Land Size: 2,000sqm
Number of Rooms: 32 Rooms
Operational Status: Fully functioning as a going concern
Title Document: Registered Deed of Assignment
Asking Price: ₦7 Billion
Net Price: ₦6 Billion
This is an excellent opportunity to own a strategic hospitality asset in one of Lagos’ most prestigious residential and commercial districts.