Story

Key Features:

– High-demand locations in Lekki, Lagos State.
– Fully furnished and equipped properties
– Listing on popular short let platforms
– Professional property management and guest services
– Dynamic pricing and revenue optimization

Market Analysis:

– Growing demand for short let accommodations in Lekki, Lagos State.
– Limited supply of high-quality properties
– Increasing popularity of short let platforms

Financial Projections:

– Average occupancy rate: 80%
– Average daily rate: ₦50,000.00
– Annual revenue: ₦36,000,000
– Net operating income: ₦7,500,000 (57% margin)
– ROI: 15% – 20% per annum

Investment Ask:

– ₦350,000,000 (properties acquisition and furnishing plus complementary services
– Working capital (marketing, operations, and contingencies)

Returns on Investment:

– Expected ROI: 15% – 20% per annum
– Cash-on-cash returns: 10% – 15% per annum
– Appreciation: 5% – 10% per annum (optional)

Operations:

– 1-bedroom apartments in high-demand locations
– 2-bedroom apartments in high-demand locations
– 3-bedroom houses in high-demand locations

Management Team:

Toogeda and Plural Konsult.

Plural Konsult, a company with group of Architects, Interior Decorators and Facilities Managers. They have extensive experience and substantial exposures in real estate- design, build and management.

Conclusion:

Our short-let investment opportunity offers a unique chance to capitalize on the growing demand for short let accommodations in Lekki Area of Lagos State. With a strong marketing strategy and efficient operations, we expect to achieve significant returns on investment and provide a high ROI for our investors.

Amount per Share:

₦10,000.00/ unit

Profit Sharing:

This is a long term investment, profit sharing will be on a monthly basis to all the investors except in a case of force majeure.

The amount an investor will get will be in tandem with the number of shares. The higher the shares obtained, the higher the returns.

Investment Type:

Long Term

Insurance Cover:

NEM Insurance provides cover for this investment.