Uncompleted 10-Unit Self-Contain Building for Sale – Gyado Villa, Makurdi
Gyado Villa, Makurdi, Benue State (Close to Cornerstone)
Asking price ₦15,500,000
Overview
Apartments/Flats
Property Type
10
Bedrooms
10
Bathrooms
100 × 70 ft
Area Size
Description
If you have been searching for a profitable real estate investment in one of Makurdi’s rapidly developing residential corridors, this uncompleted 10-unit self-contain building in Gyado Villa is exactly the type of opportunity serious investors look out for. The property sits in a peaceful and well-growing neighbourhood close to Cornerstone, an area known for its increasing population, rising rental demand, and promising future prospects. With more students, workers, and families seeking affordable but quality accommodation in Makurdi, this property offers an excellent chance to invest early and secure long-term financial returns.
The building consists of 10 one-room self-contained apartments, all structured and built up to the roofing stage. This means the major foundational and structural work has already been completed. What is left is mainly the finishing, which gives you the advantage of tailoring the interior design, electrical installations, plumbing, and final aesthetic touches to your preferred standard. Whether you want to create budget-friendly rental spaces or more premium-styled mini-apartments, the structure gives you that flexibility.
The property sits on a 100ft by 70ft fenced plot, offering enough space for proper ventilation, movement, and future upgrades if necessary. Gyado Villa is known for its expanding infrastructure, improving road networks, and increasing housing development. As more residents move into the area due to its affordability and accessibility, demand for rental accommodation continues to grow steadily. This makes the property a strategic choice for anyone who wants dependable rental income with minimal vacancy risks.
Another advantage of this property is its title document, which is currently in C of O processing. This adds a level of legitimacy and security to the investment, assuring buyers that due process is ongoing and ownership transfer will be smooth. For a location like Gyado Villa, where land and property values continue to appreciate, securing a property with a progressing title document is a plus.
The selling price is ₦15,500,000 (net), which is extremely competitive when you consider the number of units available and the level of completion already done. With just the finishing stages left, the cost-to-income potential is highly favourable. Once completed, each unit can be rented out to students, corps members, young professionals, and individuals working within Makurdi. Rental income from 10 units can generate steady cash flow monthly or yearly, depending on your preferred payment structure.
This is a perfect opportunity for investors who want to buy and complete a high-yield rental property without starting from scratch.
This property listing is published on behalf of the seller/lister, Hembaor Kelvin Gmb. 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.
