You are acquiring a 28-year interest in a 4-bed studio room within the Paradigm purpose-built student accommodation (PBSA) development adjacent to the University of Lagos (UNILAG), Akoka.

The investment gives you the contractual right to the economic benefits of the room, including rental income, for the agreed 28-year period.

The hostel is located on Lawani Street, immediately adjacent to the University of Lagos main campus, Akoka, Lagos.

Its proximity to UNILAG is one of the project’s major attractions.

No. This is not a perpetual freehold purchase.

The investment is structured as a 28-year sublease/leasehold interest derived from Paradigm Hostels Ltd.’s underlying concession rights.

At the end of the applicable concession/sublease period, the buyer’s interest terminates in accordance with the transaction documents.

Each room is approximately *27 square metres* and is designed as a 4-bed studio, accommodating four students.

The rooms are fully furnished, ensuite, with kitchenettes and airconditioners.

There are currently two payment options:

Outright Purchase — ₦30 million

or

Instalment Purchase — ₦33million

Under the instalment option:

– ₦15 million initial payment; and the
– ₦18 million balance spread over 9 months.

The targeted completion date is August 2027, ahead of the relevant academic session.

Initial annual rental revenue is projected at approximately ₦2.6 million to ₦3 million net per room.

Actual rental income will depend on the rental rates, occupancy and other applicable terms at the time the hostel becomes operational.

No.

Rental rates are intended to be reviewed periodically to reflect inflation, prevailing student accommodation prices and general market conditions.

This is particularly important to protect the real returns on your investment.

No investment projection should be interpreted as an unconditional guarantee.

The ₦2.6 million–₦3 million figure represents the initial expected rental revenue based on the present market conditions.

8 years, based on projected inflation-adjusted rentals,

No.

The investment is intended to operate as a professionally managed student accommodation asset.

Individual room owners will therefore not be responsible for advertising their rooms, interviewing students, collecting rent or handling routine accommodation administration.

Rent collection is intended to be handled through an independent and professionally administered rent-collection structure, rather than leaving individual investors to collect rents directly from students.

This creates greater transparency and consistency in the administration and distribution of rental income.

The development will have professional facilities management responsible for the common areas, infrastructure and general operation and maintenance of the facility.

The objective is to preserve the quality and commercial attractiveness of the development throughout its operating life.

The proposed operating model is designed to reduce the risk of one investor suffering disproportionately simply because his/her particular room happens to be vacant.

Rental receipts will be pooled and distributed among participating rooms in accordance with the agreed rental-management structure,

Messrs STL Trustees Ltd will act as trustees to collect the rent and remit same to room owners.

Messrs STL is one of the leading SEC-licensed trustees in the country. They have over 30 years experience and a business size in excess of N3T with a balance sheet of over N50B

rather than treating every room as an entirely isolated rental business.

UNILAG has about 60,000 student population while the supply of suitable accommodation within and immediately around the university is only 11,000

In addition to the accommodation blocks, the development is planned to include supporting infrastructure and amenities such as:

– administrative and security facilities;
– eateries and retail/service areas;
– laundromat facilities;
– water supply, storage and treatment systems;
– sewage treatment infrastructure;
– dedicated electrical infrastructure;
– solar-standby power
– internal roads, walkways and parking; and
– perimeter security infrastructure.

Paradigm Hostels Ltd is developing the project pursuant to a concession arrangement with the University of Lagos.

The underlying project is therefore structured as a long-term concession rather than a conventional private residential estate development.

Each buyer will execute the appropriate Room Lease Agreement.

The transaction structure is designed to provide safeguards around buyers’ funds, including the use of independent custody/escrow arrangements and controlled release of funds against agreed project or construction milestones.

STL Trustees Ltd will manage the escrow account as Custodians

On completion, they will also act as trustees to manage the remittance of rent collections to the room owners.

Yes.

The two investments serve different purposes.

A conventional freehold apartment provides perpetual ownership but will require substantially greater initial capital. A comparable studio apartment in the area sells for *N55m – N60m*

The Paradigm’s offering is designed primarily as an *income-producing*, professionally managed student accommodation investment at a substantially lower entry price

The appropriate choice therefore depends on whether the buyer’s priority is perpetual property ownership or strong long-term rental cash flow from a managed asset.

The buyer’s contractual interest expires at the end of the agreed 28-year tenure.

The investment should therefore be evaluated primarily on the basis of the rental cash flows and other economic benefits generated during the tenure.

The intention is that an investor should be able to transfer or assign the remaining interest.

Yes.

Subject to availability, investors may acquire multiple rooms or blocks making the offering suitable for HNIs, insurance companies, cooperative societies and other institutional or collective investors.

The objective of the structure is to make ownership substantially hands-off for the investor.

Professional operators will handle facilities management and the rent-collection process, while the investor receives the rental proceeds attributable to the investment, subject to the applicable agreements, charges and deductions.

As with any property development and long-term investment, risks include:

Construction risk: completion could be affected by unforeseen circumstances.

Occupancy risk: student demand does not automatically guarantee 100% occupancy.

Rental risk: future rents cannot be predicted with certainty but periodic increases are to be expected in line with prevailing market conditions.

The proposition combines several features:

Prime location — immediately adjacent to one of Nigeria’s leading universities.

Established underlying demand — accommodation serving a large university population.

Purpose-built design — accommodation specifically designed for student use.

Professional management — investors are not expected to become individual hostel operators.

Independent rent administration — structured collection and distribution of rental proceeds.

Inflation-responsive rents — rental rates can be reviewed periodically rather than remaining fixed for 28 years.

Accessible property investment ticket — entry at ₦30million outright compared with considerably higher prices for conventional properties in the surrounding market.

It has characteristics of both, but it is best understood primarily as a long-term income-producing real estate investment.

The investor acquires a defined interest in a physical PBSA asset and receives rental income during the 28-year tenure.

The offering may be suitable for investors seeking:

– long-term property-backed rental income;
– exposure to the student accommodation sector;
– a relatively hands-off real estate investment;
– potential inflation-linked growth in rental income; and
– diversification away from purely financial investments.

Prospective buyers should complete the attached form and send to:

whatsapp 08034030433

or

Call: 07048005803