Hotel Sales Proposal

$35,000,000

Victoria Island, Lagos Nigeria

Avenue Suites Hotel — Investment Opportunity | Victoria Island, Lagos | Wisecom
For Investment  —  Victoria Island, Lagos

Avenue
Suites
Hotel

Off Ahmadu Bello Way  ·  Victoria Island, Lagos  ·  Fully Operational

60
En-Suite Rooms
1,800
sqm Land Area
$35M
Asking Price (USD)
C of O
Lagos State Title
100%
Turnkey Asset
Explore
Asking Price
USD 35,000,000
Thirty-Five Million United States Dollars  —  Outright Sale

Proof of Funds Required. All prospective buyers must provide POF before advancing this transaction.

Avenue Suites Hotel exterior, Victoria Island Lagos
Avenue Suites Hotel  ·  Victoria Island
The Opportunity

An Exceptional
Turnkey Hospitality
Asset in Lagos

Rarely does a fully operational, exquisitely furnished hotel come to market in one of Lagos's most prestigious commercial addresses. Avenue Suites Hotel occupies 1,800 sqm of prime real estate off Ahmadu Bello Way — the spine of Victoria Island's financial and business district — delivering a turnkey asset with both operational integrity and an irreplaceable strategic position.

With 60 all-en-suite rooms, a fully equipped restaurant, spa, gym, swimming pool, and professional management infrastructure already in place, this is a property that earns from day one. The acquiring investor inherits not just a building, but a running business with established operations, trained staff, and a live guest base in West Africa's commercial capital.

For investors seeking a hospitality asset that combines trophy status, operational cash flow, and capital growth potential in a supply-constrained prime location — this property demands serious attention.

Asking Price
USD 35,000,000
Property Overview

The Key Metrics
at a Glance

Property NameAvenue Suites Hotel
Property TypeFully Operational Luxury Hotel
AddressOff Ahmadu Bello Way, Victoria Island, Lagos
Land Area1,800 sqm
Guest Rooms60 All En-Suite Rooms
Legal TitleLagos State Certificate of Occupancy
ConditionExquisitely Furnished — Fully Operational
On-Site RestaurantMr. Panther Restaurant — Operational
WellnessSpa, Gym, Swimming Pool
Support FacilitiesLaundry, Reception, Management Office
Transaction TypeOutright Sale — Turnkey Asset
Asking PriceUSD 35,000,000
Accommodation

60 Rooms. Every One
a Statement.

Every guest room at Avenue Suites is all-ensuite, exquisitely furnished, and maintained to a standard that commands premium room rates in Lagos's competitive hotel market. The room inventory is sized to attract corporate accounts, diplomatic stays, and high-value leisure guests — the very segments Victoria Island generates in abundance.

Standard suite room
Standard Suite
The Everyday
of Excellence
Fully ensuite, exquisitely furnished rooms designed for the discerning business traveler who expects comfort without compromise.
Premium deluxe room
Deluxe Room
Space, Privacy
& Prestige
Elevated interiors with premium finishes and dedicated bathroom amenities for extended-stay and executive guests.
Premium suite room
Premium Suite
Where Lagos
Meets Luxury
Superior configurations with enhanced layout and finishes for VIP, diplomatic, and high-value leisure guests.
Hotel exterior and grounds
The Building
Presence That
Commands Attention
A distinctive hotel property on one of Victoria Island's most prestigious commercial addresses, visible and accessible to the district's executive community.
60
All En-Suite Guest Rooms
100%
Fully Furnished & Operational
VI
Victoria Island Prime Address
1,800
sqm Total Land Area
Facilities & Amenities

Every Revenue Stream
Already in Place

The hotel's amenity infrastructure is fully built out and operational. From the spa and gym to the restaurant and swimming pool — each facility is a live revenue generator, not a future development promise. This is what a turnkey acquisition looks like.

Spa & Wellness Facilities
Full spa and wellness suite offering treatments and relaxation services — a premium revenue channel and a key differentiator for high-value guests in Victoria Island.
Well-Equipped Gym
A modern, fully equipped gym that supports the health-conscious corporate traveler — an increasingly non-negotiable facility for international business guests.
Mr. Panther Restaurant
An on-site restaurant already in active operation, serving guests and external diners. A named, branded dining concept that adds to the hotel's prestige and drives F&B revenue independently.
Reception & Management Office
A fully staffed and operational reception lobby with dedicated management offices — the operational backbone of the property, ready for seamless ownership transition.
Swimming Pool
A hotel swimming pool — a landmark amenity in Victoria Island hospitality — that serves both in-house guests and enhances the property's premium positioning and rate potential.
Laundry Facilities
On-site laundry infrastructure supporting operational efficiency, extended-stay guests, and consistent housekeeping standards across all 60 en-suite rooms.
The Investment Case

Trophy Asset.
Immediate Returns.
Prime Location.

Trophy Asset Status
Prime VI
Off Ahmadu Bello Way is not simply a good address — it is one of Lagos's most commercially significant streets. Hospitality assets with this positioning, at this scale, rarely transfer. When they do, they attract serious, well-capitalised investors globally.
Day-One Cash Flow
100% live
This is a fully operational hotel. Room revenue, F&B, spa, and ancillary income streams are all active at the point of acquisition. No redevelopment risk. No construction period. No revenue void. The business runs from day one under new ownership.
Capital Growth Potential
Long-term hold
Victoria Island is Lagos's most established commercial and hospitality district. Land supply is finite, demand from multinationals, embassies, and high-net-worth individuals is structural. This asset is positioned for both income and capital appreciation.

For investors seeking a turnkey hospitality asset with operational integrity, a prime strategic address, and the full infrastructure of a running luxury hotel — Avenue Suites Hotel, Victoria Island, is a property that demands immediate and serious attention.

Key Deal Terms

Transaction
Summary

This is an outright acquisition of a fully operational hotel asset, held under a Lagos State Certificate of Occupancy. All enquiries are subject to Proof of Funds verification before detailed financials and site access are granted.

Proof of Funds Notice

All prospective buyers are reminded that Proof of Funds (POF) will be required before advancing the transaction. Wisecom Realty will request POF documentation from interested parties prior to arranging site visits, sharing detailed financials, or proceeding to negotiations.

Asking Price USD 35,000,000 (Thirty-Five Million US Dollars)
Transaction Type Outright sale of fully operational hotel asset
Legal Title Lagos State Certificate of Occupancy
Land Area 1,800 sqm
Guest Rooms 60 all en-suite rooms — fully furnished and operational
Condition Exquisitely furnished — immediate operational handover
Location Off Ahmadu Bello Way, Victoria Island, Lagos, Nigeria
Proof of Funds Required prior to advancing any transaction discussion
Advisory Wisecom Realty Limited — Exclusive Investment Advisors
Location

Victoria Island —
Lagos at Its Most Commercial

Avenue Suites Hotel, VI
Open Full Map — Google Maps

Victoria Island is the undisputed commercial and diplomatic heart of Lagos. Ahmadu Bello Way connects the island's financial corridor to its leisure and hospitality strip — placing Avenue Suites Hotel at the precise crossroads of business and lifestyle demand that defines the best-performing hotels in the Nigerian market.

Lagos's Primary Financial District On the doorstep
Major Banks & Corporate HQs Minutes away
Embassies & High Commissions Victoria Island
Oil & Gas Company Offices VI & Lekki corridor
Ikoyi & Lekki 10–15 min
Murtala Muhammed International Airport ~40 min
Why Victoria Island?

Victoria Island generates the most consistent premium hotel demand of any district in Nigeria. Business travel, diplomatic stays, oil and gas sector visitors, corporate events, and high-value leisure tourism all converge here. The supply of quality hotel rooms consistently lags behind this structural demand — making well-positioned, fully operational assets like Avenue Suites extraordinarily valuable.

Wisecom Realty — Exclusive Investment Advisors

Enquire with
Confidence

All enquiries are handled with complete professionalism and discretion. Proof of Funds will be requested before advanced discussion. Qualified buyers are invited to reach out directly.

The information contained in this listing has been prepared for general informational purposes and does not constitute a legally binding offer, representation, or warranty of any kind. Prospective buyers are advised to conduct their own independent legal, financial, and technical due diligence. All enquiries are subject to Proof of Funds requirements at the seller's discretion.

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Crafted by Jonathan Cole