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**MANAGEMENT LEASE OPPORTUNITY -- 30 ROOMS HOTEL**
HOTEL FOR MANAGEMENT LEASE
**Location:* Neniv Hotel, Alabe Street, Behind Aswani Market, Isolo, Lagos
**Lease Price:** ₦35,000,000 Per Annum
A unique opportunity to acquire a well-positioned and fully operational hospitality facility on a management lease basis in the heart of Isolo, Lagos. Strategically located behind the bustling Aswani Market, this property offers excellent accessibility, strong commercial activity, and significant revenue potential.
Property Features:
* 30 Well-Finished Guest Rooms
* Reception and Lobby Area
* Fully Functional Bar and Lounge
* Restaurant/Dining Area
* Ample Parking Space
* Constant Water Supply
* Dedicated Power Infrastructure
* Administrative Office Space
* Laundry and Service Areas
* Secure and Easily Accessible Environment
* Located within a thriving commercial and residential neighborhood
Investment Highlights:
* Prime location with high customer traffic
* Established hospitality business environment
* Excellent opportunity for experienced hotel operators and investors
* Strong potential for increased occupancy and revenue generation
* Suitable for hotel management companies, hospitality entrepreneurs, and investors seeking a profitable lease opportunity
**Management Lease Rent:** ₦35 Million Per Annum
For Inspection and Further Enquiries, Contact:
**Massey Udegbe & Co.**
08135771138
Available on Request
| Property Ref: 3517880 | Last Updated: 09 Jun 2026 | Market Status: Available |
| Type: Hotel / Guest House | Bedrooms: 30 | Bathrooms: 30 |
| Toilets: 30 | Furnishing: Furnished |
Aswani Market is a great place to find reasonably priced items. In-store shopping, curbside pickup, and delivery are among the services available from ClothesZoo. Justrite Superstore and Pentagon Plastic Industry are other places to shop in the area.
Ajao Estate is in a decent and reserved area. It is serene and has top-notch security. The roads are tarred and houses well organised. Jakande Estate, Peace Estate, Ire-Akari Estate and Ilamose Estate are other popular estates.
Visit Aafin Alayeluwa, the Osolo of Isolo. Try out tasty homemade and local dishes at Molabat Kitchen, Africana Restaurant, or Ile Alamala. Tantalizers is available to provide fast food service for its residents.
PEFTI Film Institute, Nigeria's leading private film and television production company, had its beginnings in Isolo. Oke-Afa Memorial Arcade is a memorial park dedicated to those who lost their lives in an armoury explosion at the Ikeja military cantonment.
Carabana Lounge is a popular hangout for locals and tourists alike. The lighting and ambiance create a sense of sleek comfort and style, which is a pleasant surprise. In addition, there is a Suya spot that is highly regarded in the area.
Laurel Schools and Mayday Schools are two great schools in Isolo, Lagos. Laurel Schools believe that every child has an innate gift/ability that is only waiting to be discovered. St Monica schools offer nursery, primary and secondary education. Headstart Private School, Penckers School, Marybene School, Masters Ville Schools, Kembos Group of Schools and Redwood Academy are also excellent.
Read the full area guide for Isolo, Lagos.
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