House for Sale – Welfare Quarters/Adeke, Makurdi, Benue State
Welfare Quarters / Adeke, Makurdi, Benue State
Asking price ₦10,000,000
Overview
Apartments/Flats
Property Type
6
Bedrooms
6
Bathrooms
100 × 50 ft
Area Size
Description
If you are looking for a residential property that guarantees steady rental income and long-term value appreciation, this well-positioned property in Welfare Quarters/Adeke, Makurdi stands out as a highly promising investment choice. Located in one of Makurdi’s steadily developing residential areas, the property offers the perfect blend of affordability, accessibility, and income potential, making it suitable for both new and experienced investors in the real estate market.
This property sits on a 100ft × 50ft plot and features a combination of rental-friendly units that appeal to a wide range of tenants. It includes 4 units of one-room self-contained apartments and 2 units of one-bedroom apartments, all designed to attract students, young professionals, newly married couples, and individuals working within Makurdi. This mixed unit composition is an advantage because it allows you to cater to different budgets and tenant categories, reducing vacancy risks and ensuring continuous cash flow throughout the year.
Welfare Quarters/Adeke is known for its peaceful environment, residential appeal, and gradual infrastructural development. With more people moving into the area due to its affordability and proximity to major roads and commercial activities, rental properties here rarely stay vacant for long. This makes the location especially attractive for investors who want a property that begins generating income almost immediately after purchase.
What makes this property even more appealing is its income-generating nature. Whether you intend to manage the units yourself or place them under a property manager, the return on investment is favorable. The one-room self-contained units are particularly popular among students and single occupants, while the one-bedroom units tend to attract small families and working professionals. This ensures a balanced and stable rental market that continues to yield returns year after year.
The property is being offered at an affordable price of ₦10,000,000, which is highly competitive considering the number of units and the land size. In today’s market, finding a multi-unit residential property in a developing Makurdi neighborhood at this price point is rare. With the area’s steady growth, property values are expected to appreciate, making this purchase not only a source of immediate income but also a long-term asset that grows in value.
The 5% agency fee applies, and interested buyers can reach out to Maximo Properties for inspection, negotiations, and further details. The agency is reputable and conveniently located for walk-in consultations.
This is a genuinely promising opportunity for anyone seeking to expand their investment portfolio or begin a journey into rental property ownership.
This property listing is published on behalf of the seller/lister, Sember Donald Imoter Maximo. All information provided is as received and is for general informational purposes only. While efforts are made to ensure accuracy, no guarantees or warranties—express or implied—are provided regarding its completeness, reliability, or availability. Interested buyers are strongly advised to conduct their own due diligence, including property verification and legal checks, before making any commitments. Amapha has no control over the content of this listing and does not guarantee the authenticity of the information provided.
