Overview
- Updated On:
- May 31, 2021
- 3,185.65 m2
Description
MEGA JOINT VENTURES:
FINANCIER INVESTOR NEED AT EKO ATLANTIC CITY
DESCRIPTION
* 24 Floor development of 125 Super Luxury Waterfront Apartments comprising of 2 & 3 bedroom flats, and 4br pent floor Apartments with a rooftop Swimming Pool, Underground parking lot as well as 5 other levels for parking
Land Size:3185.65m2
Title:Lagos State C of O
* There’s an approved building Plan as well as a BOQ
* Total project cost is $81m(Eighty-One Million Dollars) broken down thus:
Land, Piling, Foundation:
$16m(Sixteen Million Dollars);
Construction Cost:
$65m(Sixty-Five Million Dollars);
* Piling has been completed.
* Our clients (a reputable international construction company), are putting down half of the cost to the tune of $40.5m(Forty Million, Five Hundred Thousand Dollars), while an incoming investor shoulders the other half;
* Sharing Formula:50/50
* Facilitation Fees:
An amount equivalent to 5% of the investor’s contribution
* Our clients have off-takers already for some of the units.
Projected Delivery Date:
24 months.
NB:Target market are mostly the expatriate crowd.
This investment guarantees a minimum 50% ROI.
81million dollars
Disclaimer
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