Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,205,862 members, 7,993,968 topics. Date: Monday, 04 November 2024 at 11:39 PM |
Nairaland Forum / Nairaland / General / Properties / Hostel development for student- best real estate investment (1666 Views)
Fenced plot suitable for student hostel By FUNAAB Main Gate @2.4m net (pix) / Oakwood Gardens Phase 2 in Lekki Is One Of The Best Real Estate Investment, Why? / Hostel Development For University Students:sure Way Of Making Money (2) (3) (4)
Hostel development for student- best real estate investment by engrgordon(m): 11:47pm On Jun 06, 2016 |
INTRODUCTION One of the ways of making money in real estate in Nigeria is by building student hostels. Nigeria, with an estimated population of 170 million, has the largest population in Africa and still counting. The educational sector has been consistently underfunded and the infrastructural deficit is alarming. Apart from the lack of adequate, quality and modern equipments, books and sufficient number of qualified manpower, there is also lack of adequate infrastructures such as student hostels in most of our higher institutions. Only few higher institutions, both public and private, can boast of sufficient accommodation for all the students willing to live on campus. This gap has created opportunities that have made some investors rich. In another vein, this short fall in the provision of student accommodation by higher institutions of learning is not peculiar to Nigeria. Almost in all nations, there is always the choice to live on campus or to secure private hostel accommodations. The student rental market is thus an international opportunity. The reason being that provision of student housing is not seen as a core business of educational institutions compared to other pressing needs such as research centres, lecture halls, creating new departments and provision of libraries. Tactically, by providing few hostel accommodations such institutions have ‘outsourced’ their accommodation to private investors like you who can turn it into a cash flow machine. Lands available for sale in Federal Polytechnic Nekede Owerri for student hostel. Starting from 900k, rush now. Contact Engr Gordon: 08022799569. |
Re: Hostel development for student- best real estate investment by engrgordon(m): 6:55am On Jun 07, 2016 |
Having addressed the challenge witnessed by those concerned in providing suitable and adequate housing for the ever-increasing student population in our various institutions, it must be stated clearly here that the “so called”housing shortage in our student housing sector has created great investment opportunities for entrepreneurs in Nigeria. In view of the deplorable state of the hostels in most campuses aside the private ones, a good number of the student population would prefer to get a decent and comfortable private accommodation other than the one obtainable in their institutions at whatever price. This is the more reason why an investment as such becomes a money spinning affair. So if you are a landlord of apartments in areas close to universities, polytechnics and colleges of Education, then you may just have landed yourself a goldmine; one of the surest way to get high returns on your investment. This real estate business will guarantee you decent flow of wealth annually. Lands are available for sale @ Federal Polytechnics Nekede Owerri, Imo State Polytechnics Omugwo, Federal University of Technology Owerri and Imo State University Owerri, Price start from 900k, Contact us for purchase and development, Call: 08022799569. |
Re: Hostel development for student- best real estate investment by engrgordon(m): 12:54pm On Jun 07, 2016 |
One good fact is that students would not remain there forever and by the nature of their programme you should make their rental term not more than a year. Always insist on a security deposit. If you collect rents annually, you’ll not lose any money during their vacation period and their security deposit should caution them against damages to your property. You should have clear rules and regulations on common areas, noise and payment for utilities. Ensure that you have accurate data on their parent/guardian and their faculty/department. A resident manager who is experienced and disciplined is necessary if your facility is big otherwise your property manager can visit once in a while. Make it clear that all forms of illegal activities or fracas will not be tolerated and are causes for immediate termination of their lease and eviction. Maintain a reputation for quality and discipline and your facility will generally attract the best and at a premium. LAND AVAILABLE FOR SALES @ FEDERAL POLYTECHNICS NEKEDE, FEDERAL UNIVERSITY OF TECHNOLOGY OWERRI, IMO STATE POLYTECHNICS UMUAGWO, IMO STATE UNIVERSITY OWERRI,AND OTHER PART OF HIGHER INSTITUTIONS. Call : 08022799569. |
Re: Hostel development for student- best real estate investment by engrgordon(m): 7:10pm On Jun 07, 2016 |
A lot of nigerian banks are now involve in it, for example spring bank ,zenith bank etc are now having stakes in some of the institutions. I know of an investor who owns more than four building hostels for students, he started with one and building the investment using bank loan. HOW ? He first build a 30 rooms self contain hostel for student @ a rent of 95k per one per year. That means he make a total of #2,850,000.00. (Two Million, Eight Hundred and Fifty Thousand Naira Only). Then how he build the next hostel was to take a loan from the bank, using the first hostel as a collateral, therefore he started making a total of 5,700,000. (Five Million, seven hundred thousand naira only). He paid less than four million naira to the bank yearly for the loan to last for the agreed period, with this method he build almost two hostels yearly. He is busy investing for the future of his children because after paying for all loans, the property becomes his and his children forever, even on retirement , he keep enjoying his investment. Many people do not care to invest for retirement and old age, property investment remain the best investment for that. LAND AVAILABLE FOR SALE @ FEDERAL POLYTECHNICS NEKEDE, OWERRI, FEDERAL UNIVERSITY OF TECHNOLOGY, OWERRI, IMO STATE UNIVERSITY, OWERRI, IMO STATE POLYTECHNICS, UMUAGWO. We have land in other universities, polytechnics and collages of education in the south south and south east. We have specialist for development and management. Contact; DOUBLE INTEGRATION MULTI-PROJECTS SERVICES @ Ph: Plot 144 trans Amadi road, Owerri: No 22 Egbu Road Owerri. Call Engr Gordon on: 08022799569 |
Re: Hostel development for student- best real estate investment by engrgordon(m): 10:16pm On Jun 07, 2016 |
LAND AVAILABLE FOR SALE @ FEDERAL POLYTECHNICS NEKEDE, OWERRI, FEDERAL UNIVERSITY OF TECHNOLOGY, OWERRI, IMO STATE UNIVERSITY, OWERRI, IMO STATE POLYTECHNICS, UMUAGWO. We have land in other universities, polytechnics and collages of education in the south south and south east. We have specialist for development and management. Contact; DOUBLE INTEGRATION MULTI-PROJECTS SERVICES @ Ph: Plot 144 trans Amadi road, Owerri: No 22 Egbu Road Owerri. Call Engr Gordon on: 08022799569 |
Re: Hostel development for student- best real estate investment by engrgordon(m): 7:35am On Jun 08, 2016 |
Advantages of Investing In Student Housing ==> High Rent: Irrespective of the location, student hostels command great rents because of the traffic of students especially when a new session just begins. Demand is often higher than supply driving up rent for the property. ==> Quick Returns: Students rent hostels on a yearly basis. You are guaranteed of occupants year in year out. This enable you recover your investments in a short time. You can save towards building a new hostel or expanding the existing one. ==> No Rent Owed: Contract with student occupants is usually on a yearly basis. New occupants have to pay before moving in. Students’ stay is short so you can easily increase rent gradually. Lands available in FEDERAL POLYTECHNICS NEKEDE, OWERRI, FEDERAL UNIVERSITY OF TECHNOLOGY, OWERRI, IMO STATE UNIVERSITY OWERRI, IMO STATE POLYTECHNICS UMUAGWO. Call: 08022799569 |
Re: Hostel development for student- best real estate investment by engrgordon(m): 12:33pm On Jun 08, 2016 |
LAND AVAILABLE FOR SALE @ FEDERAL POLYTECHNICS NEKEDE, OWERRI, FEDERAL UNIVERSITY OF TECHNOLOGY, OWERRI, IMO STATE UNIVERSITY, OWERRI, IMO STATE POLYTECHNICS, UMUAGWO. We have land in other universities, polytechnics and collages of education in the south south and south east. We have specialist for development and management. Contact; DOUBLE INTEGRATION MULTI-PROJECTS SERVICES @ Ph: Plot 144 trans Amadi road, Owerri: No 22 Egbu Road Owerri. Call Engr Gordon on: 08022799569 |
Re: Hostel development for student- best real estate investment by engrgordon(m): 5:59pm On Jun 08, 2016 |
WHAT YOU SHOULD KNOW AND DO -You don’t need to be a building contractor or a professional to get this done for you, we are there for you. -You don’t need any government connection to do it -It must not always be in the school premises, but should at least be in the town or close to the school, the closer it is, the higher the rate. -You do not need to start with millions to build mega houses, you can start with small rooms (2,3 or 4) in an half plot of land then grow steadily to build bigger ones in the institutions scattered all over the nation. But if you must start big, you need to be credit worthy, banks, mortgage and other financial institutions can collaborate and assist. LAND AVAILABLE FOR SALE @ FEDERAL POLYTECHNICS NEKEDE, OWERRI, FEDERAL UNIVERSITY OF TECHNOLOGY, OWERRI, IMO STATE UNIVERSITY, OWERRI, IMO STATE POLYTECHNICS, UMUAGWO. We have land in other universities, polytechnics and collages of education in the south south and south east. We have specialist for development and management. Contact; DOUBLE INTEGRATION MULTI-PROJECTS SERVICES @ Ph: Plot 144 trans Amadi road, Owerri: No 22 Egbu Road Owerri. Call Engr Gordon on: 08022799569 |
Re: Hostel development for student- best real estate investment by engrgordon(m): 9:09am On Jun 09, 2016 |
LAND AVAILABLE FOR SALE @ FEDERAL POLYTECHNICS NEKEDE, OWERRI, FEDERAL
UNIVERSITY OF TECHNOLOGY, OWERRI, IMO STATE
UNIVERSITY, OWERRI, IMO STATE POLYTECHNICS,
UMUAGWO. We have land in other universities,
polytechnics and collages of education in the
south south and south east. We have specialist for development and management.
Contact; DOUBLE INTEGRATION MULTI-PROJECTS
SERVICES @
Ph: Plot 144 trans Amadi road,
Owerri: No 22 Egbu Road Owerri. Call Engr
Gordon on: 08022799569 |
Re: Hostel development for student- best real estate investment by engrgordon(m): 9:39pm On Jun 09, 2016 |
LAND AVAILABLE FOR SALES @ FEDERAL POLYTECHNICS NEKEDE, FEDERAL UNIVERSITY OF TECHNOLOGY OWERRI, IMO STATE POLYTECHNICS UMUAGWO, IMO STATE UNIVERSITY OWERRI,AND OTHER PART OF HIGHER INSTITUTIONS. Call : 08022799569. |
Re: Hostel development for student- best real estate investment by engrgordon(m): 6:26am On Jun 10, 2016 |
This is the best investment for the family future, and retirement. The good thing about it is that it doesn't give you stress to monitor, you can monitor it anywhere with the help of a student caretaker. LAND AVAILABLE FOR SALES @ FEDERAL POLYTECHNICS NEKEDE, FEDERAL UNIVERSITY OF TECHNOLOGY OWERRI, IMO STATE POLYTECHNICS UMUAGWO, IMO STATE UNIVERSITY OWERRI,AND OTHER PART OF HIGHER INSTITUTIONS. Call : 08022799569. |
Re: Hostel development for student- best real estate investment by engrgordon(m): 9:34pm On Jun 10, 2016 |
Private hostel development project are sub divided into four categories. .Micro project: 16rooms with toilets,bathrooms and kitchen on one plot of land. • Mini project: 50 rooms with toilets, bathrooms, and kitchen on three plots of land. Shops can be added depending on your preferences. • Standard project: 100 self contain rooms on four plots of land. • Large project: 500 self contain rooms on six plots of land with shops, general library and cyber café. Land, Buying of land at your choice location. Development. You will need the service of a professional developer to carry out the project construction. LAND AVAILABLE FOR SALE @ FEDERAL POLYTECHNICS NEKEDE, OWERRI, FEDERAL UNIVERSITY OF TECHNOLOGY, OWERRI, IMO STATE UNIVERSITY, OWERRI, IMO STATE POLYTECHNICS, UMUAGWO. We have land in other universities, polytechnics and collages of education in the south south and south east. We have specialist for development and management. Contact; DOUBLE INTEGRATION MULTI-PROJECTS SERVICES @ Ph: Plot 144 trans Amadi road, Owerri: No 22 Egbu Road Owerri. Call Engr Gordon on: 08022799569 |
Re: Hostel development for student- best real estate investment by engrgordon(m): 9:35pm On Jun 10, 2016 |
Private hostel development project are sub divided into four categories. .Micro project: 16rooms with toilets,bathrooms and kitchen on one plot of land. • Mini project: 50 rooms with toilets, bathrooms, and kitchen on three plots of land. Shops can be added depending on your preferences. • Standard project: 100 self contain rooms on four plots of land. • Large project: 500 self contain rooms on six plots of land with shops, general library and cyber café. Land, Buying of land at your choice location. Development. You will need the service of a professional developer to carry out the project construction. LAND AVAILABLE FOR SALE @ FEDERAL POLYTECHNICS NEKEDE, OWERRI, FEDERAL UNIVERSITY OF TECHNOLOGY, OWERRI, IMO STATE UNIVERSITY, OWERRI, IMO STATE POLYTECHNICS, UMUAGWO. We have land in other universities, polytechnics and collages of education in the south south and south east. We have specialist for development and management. Contact; DOUBLE INTEGRATION MULTI-PROJECTS SERVICES @ Ph: Plot 144 trans Amadi road, Owerri: No 22 Egbu Road Owerri. Call Engr Gordon on: 08022799569 |
Re: Hostel development for student- best real estate investment by engrgordon(m): 2:34pm On Jun 11, 2016 |
One good fact is that students would not remain there forever and by the nature of their programme you should make their rental term not more than a year. Always insist on a security deposit. If you collect rents annually, you’ll not lose any money during their vacation period and their security deposit should caution them against damages to your property. You should have clear rules and regulations on common areas, noise and payment for utilities. Ensure that you have accurate data on their parent/guardian and their faculty/department. A resident manager who is experienced and disciplined is necessary if your facility is big otherwise your property manager can visit once in a while. Make it clear that all forms of illegal activities or fracas will not be tolerated and are causes for immediate termination of their lease and eviction. Maintain a reputation for quality and discipline and your facility will generally attract the best and at a premium. LAND AVAILABLE FOR SALE @ FEDERAL POLYTECHNICS NEKEDE, OWERRI, FEDERAL UNIVERSITY OF TECHNOLOGY, OWERRI, IMO STATE UNIVERSITY, OWERRI, IMO STATE POLYTECHNICS, UMUAGWO. We have land in other universities, polytechnics and collages of education in the south south and south east. We have specialist for development and management. Contact; DOUBLE INTEGRATION MULTI-PROJECTS SERVICES @ Ph: Plot 144 trans Amadi road, Owerri: No 22 Egbu Road Owerri. Call Engr Gordon on: 08022799569 |
Re: Hostel development for student- best real estate investment by engrgordon(m): 9:20am On Jun 13, 2016 |
Your Needs Your decision to establish a private hostel must be based on increasing rate of accommodation problems across some Nigeria state and private owned Universities. Annual Increase in universities matriculation admission list, plus the need to invest your money in business that will bring good returns on your investment in this period of global economy recession. Private hostel management is less strenuous than hotel management.You can monitors the returns on your investment from any part of the world.Government is not doing anything about establishing hostels to accommodate new intakes. Private investors can take this advantage and make cool money. LAND AVAILABLE FOR SALE @ FEDERAL POLYTECHNICS NEKEDE, OWERRI, FEDERAL UNIVERSITY OF TECHNOLOGY, OWERRI, IMO STATE UNIVERSITY, OWERRI, IMO STATE POLYTECHNICS, UMUAGWO. We have land in other universities, polytechnics and collages of education in the south south and south east. We have specialist for development and management. Contact; DOUBLE INTEGRATION MULTI-PROJECTS SERVICES @ Ph: Plot 144 trans Amadi road, Owerri: No 22 Egbu Road Owerri. Call Engr Gordon on: 08022799569 |
Re: Hostel development for student- best real estate investment by oseremenifidon: 10:40pm On Feb 09, 2022 |
engrgordon:For real estate developers/investors looking for opportunities to explore in 2022, experts are of the opinion that provision of students’ accommodation in some of the nation’s universities remains their best bet. DAYO AYEYEMI, reports There are no fewer than 170 universities in the country, out of which 79 are privately owned while 91 others belong. Read more:https://dsmproperties.com.ng/students-accommodation-an-investment-opportunity-for-real-estate-developers/ |
(1) (Reply)
Houses And Plots Of Land For Sales / For Sale,704 Sqm Plot In Lago State Govt,oko Orisan Waterfront Scheme Wit C Of O / 3 Bedroom flat for rent in Ikorodu
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 56 |