debtopenapartmentresidential
Lekki Short-let Refurb Note
Lekki, Lekki, LagosROI: 13.5%
Description
Refurbishment of short-let apartments to boost ADR and occupancy.
Investment Details
Statusopen
Kinddebt
Asset Classresidential
Property Typeapartment
Unit Price₦2,000
CurrencyNGN
Min Units50
Total Units180000
Sold Units63000
Maturity1 October 2026
35%
Coupon (Annual)13.5%
Coupon Schedulequarterly
SecuredNo
Senioritymezzanine
More Details
Risk Levelmedium
SponsorBluemap Capital Partners
Sponsor Rating4.8
Sponsor Deals200
Map and Location
