Inside 247 Suites: The Full Picture on Epe’s Most Specific Hospitality Investment

Inside 247 Suites: The Full Picture on Epe’s Most Specific Hospitality Investment

Have you ever looked at your savings and felt uneasy?

Not because the money is not there. But because you know it is sitting still while everything around you (fuel, rent, school fees…) keeps moving upward.

You have heard it before: invest in real estate. You have seen the land plots in Epe, the Abuja duplexes, and the Ibeju-Lekki ads. But something always holds you back.

Will there be buyers when you want to sell? What happens if the tenant skips rent for six months? How do you know if the returns they are quoting are real?

Those are exactly the right questions to ask. Today, we are going to answer all of them — specifically about 247 Suites Epe, a serviced apartment investment in Nigeria that works very differently from the land deals most people are used to.

Hybrid Landtech, the developer behind this project, has spent eight years working in Nigerian real estate. The last three of those years were focused specifically on the Epe and Ibeju-Lekki corridor — on the ground, tracking infrastructure pipelines, monitoring occupancy data in comparable properties, and building the local relationships that inform a project like this one.  

What Is 247 Suites Epe?

247 Suites Epe is a 14-unit, solar-powered executive hospitality development. It is sited inside Havens Cottage, a gated residential estate in Naforija, Epe, Lagos, with a confirmed Certificate of Occupancy (C of O).

Think of it as the gap between a high-end hotel room and a functional home office. Each studio is being built and planned to be managed as an executive serviced apartment. As an investor, your guests book in, pay per night, and you collect monthly income.

That is the model. You own the unit. A professional management team handles operations: cleaning, security, guest vetting, bookings. You receive 85% of net rental income monthly.

Entry price: ₦21 million. Phase 1 handover: October 2026. See the full product details on the 247 Suites Epe page.

Where Is It, and Why Does Location Matter So Much?

Epe sits at the eastern end of Lagos State. And right now, it is sitting at the intersection of several billion-naira infrastructure projects that are bringing tens of thousands of workers, students, and visitors into a corridor that has almost no quality accommodation.

That is the gap 247 Suites is built to fill.

The Four Demand Drivers

Here is what is generating occupancy in this corridor year-round:

  • The Corporate Gap: The Dangote Refinery, Alaro City, and Lekki Port together employ over 40,000 workers. Many of them need executive accommodation within a 20-minute drive. Right now, that option barely exists. Corporate executives currently endure two-hour commutes from Lagos mainland or settle for low-grade local lodges.
  • The Academic Surge: Epe hosts four JAMB-accredited universities: LASU Epe Campus, LASUED, Saint Augustine University in Ilara-Epe, and YABATECH Poka. During the October and November JAMB and Post-UTME windows, an estimated 12,000 or more non-resident visitors flood the area — candidates, parents, and examiners. The parents and officials in that group will not sleep in a student hostel.
  • The Event and Nightlife Vacuum: Epe is growing fast as a destination for high-profile events and Detty December retreats. The few existing options (Epe Resort at ₦100,000+ per night and Jubilee Chalets at ₦70,000+) sell out within 48 hours of bookings opening. 247 Suites targets ₦45,000 to ₦50,000 per night, capturing the premium overflow at a price point that stays competitive.
  • Near-Zero Vacancy: Current vacancy for executive serviced units in the Epe corridor sits below 5%, according to estate market data tracked over the past 36 months.

What Does Each Unit Contain?

Every studio in 247 Suites is fitted to institutional standard. Here is the exact specification:

Power and Utilities

  • Six-panel 550W monocrystalline solar array per block. During peak daylight hours — 10 AM to 4 PM — the AC runs directly off solar. The battery holds charge throughout.
  • 5.12 kWh LiFePO4 battery per block. That powers the Smart TV, fibre-optic Wi-Fi, and LED lighting from sundown to sunrise without touching the grid.
  • Inverter AC technology, which uses 40% less energy than a standard compressor. That eliminates the ₦1,000-per-hour diesel cost that erodes margins on virtually every other serviced apartment in Lagos. This is the “247” in the name: power around the clock, no generator.

Connectivity and Comfort

  • Fibre-optic internet installed directly to each unit
  • 43-inch Smart TV with streaming and satellite cable access
  • Queen-sized orthopaedic mattress with premium linen
  • Executive workstation: desk and ergonomic chair
  • Compact kitchenette with refrigerator, microwave, and electric stovetop
  • Smart-lock entry for keyless guest check-in and remote access management

That’s not all…

Finishing

The external wainscoting uses architectural stone cladding rather than paint. In the humid, high-dust environment of Epe, paint fades and peels every 18 months. Stone does not. 

That single engineering decision saves an estimated ₦400,000 in repainting costs over a five-year cycle — which is money that stays in your net income. 

Read the full technical brief for the complete MEP design specifications.

How Do the Returns Actually Work?

This is where most investment conversations go vague. We will not do that.

  • Target Average Daily Rate (ADR): ₦45,000 to ₦50,000 per night
  • Target monthly net cash flow per unit: ₦350,000 to ₦550,000
  • Entry price: ₦21 million (pre-launch)
  • Projected market value at October 2026 handover: ₦25 million

That ₦4 million difference is equity you lock in before a single guest checks in.

Breaking Down the 35% ROI Figure

The 35% combines two things: capital appreciation and cumulative rental income.

Enter at ₦21M. By handover, the asset is valued at ₦25M; that is a 19% equity gain already secured. Add 12 to 18 months of high-occupancy rental income on top, and total return on capital reaches the 35% mark.

The management fee is 15% of generated rental income only. The operations team does not earn unless you earn.

Your Exit Options

First, you can hold for monthly income: keep the unit, collect ₦350,000 to ₦550,000 per month. You may also sell after handover: exit at ₦25M or above and take the capital gain. There’s also the bulk portfolio sale: all 14 stabilised units can be sold as a single asset to a REIT or institutional fund.

Who Is This Investment For?

Honestly, not everyone. This is a managed hospitality investment; not a residential flat, and not a plot you sit on and wait. 247 Suites Epe works best for:

  • The passive-income seeker. Someone with ₦20M to ₦25M in capital who wants monthly returns without the headache of chasing a tenant.
  • The portfolio diversifier. Someone who already owns land or a residential flat and wants a yield-generating asset alongside it.
  • The diaspora investor. Nigerians abroad who want a managed Nigerian asset generating naira income without requiring them to be on the ground.
  • The exit-play investor. Someone who wants to enter at ₦21M and exit at ₦25M after Phase 1 handover, without even waiting for full rental returns to accumulate.

What it is not: a property to live in permanently. 247 Suites is a pure investment vehicle. Owners can use their unit for 7 to 14 days per year during off-peak periods, but it is designed and managed for occupancy income.

What De-Risks This Investment?

Every sensible investor asks this. Here is how the project is structured to protect your capital:

  • Fixed-price construction contracts are already in place for the first 17 units. Building cost escalation cannot push through to investors mid-project.
  • The project sits inside an existing, operational estate — Havens Cottage — with a confirmed C of O, an established gated perimeter, and 24/7 security already in place.
  • Fallback rental model. If short-stay demand ever slows, the units convert to long-term executive rentals. Solar power and premium finishes mean they still generate 3x the rent of a standard Epe apartment.
  • Investor transparency. Real-time occupancy reports via a shared dashboard. Monthly payouts.

Why Move Now?

There are only 14 units in Phase 1. That is the entire inventory.

Pre-launch pricing is ₦21M. After launch, the price rises to ₦25M, a ₦4M premium for the same unit. And the October 2026 handover is timed specifically to capture the academic peak and the Q4 Detty December season. Sitting out Phase 1 means sitting out the first high-occupancy cycle of the year.

Download the Technical Brief or the full project brochure to review the specifications and financial model in detail.

Speak to the Team

If you have questions about unit availability, the investment structure, or site visits, reach out directly.

Or visit the Hybrid Landtech Homepage, tap Our Products at the top of the screen to see and explore our full product range.