COMMERCIAL REAL ESTATE RETURN ON INVESTMENT OPPORTUNITY IN IKOYI
*27 units of 3 bedroom apartments consist 3 units penthouse and 24 units of 3 bedroom apartments going for *N5,000,000,000.*
Here is the opportunity:
N5BILLION.
27units= N185,185,185.1851852
This means a unit of 3 bedroom cost price is N185.2m (approximately).
TO RESELL:
A unit of 3 bedrooms is sold for N300m
A unit of 3 bedroom penthouse is sold for around N400m
Minimum profit per unit is N100m multiplied by 27 = N2.7b within 12 months to 18 months max to sell all.
Facilitator’s fee: 10%
The N5b can be paid in two installments withi
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