Earn 28% Returns with 99Apartments Loan Notes

The real estate market has long been a solid investment choice, offering security, long-term value appreciation, and consistent returns. However, direct real estate ownership often requires significant capital, management effort, and long-term commitment. That’s where structured investments like loan notes come in—providing an opportunity to earn attractive returns without the burden of direct property management.

AssetBase is excited to introduce an exclusive investment opportunity in real estate loan notes from 99Apartments, a market leader in short-term rentals, hospitality, and property management. With a 28% annual coupon yield, this structured investment provides high return potential while supporting the expansion of a high-growth real estate business.

What Are Loan Notes and How Do They Work?

Loan notes are a form of structured investment that allows investors to lend capital to property developers or businesses in exchange for fixed returns over a set period. Essentially, they act as IOUs issued by developers to investors who provide funding for real estate projects, acquisitions, or business expansion.

Unlike traditional property investments, where investors purchase and manage physical assets, loan notes offer a passive way to invest in real estate while earning predictable interest income. The capital raised through loan notes typically funds property acquisitions, development projects, or operational improvements, and investors receive returns via interest payments.

Investing in loan notes carries lower risk compared to direct real estate investments since returns are fixed and payments are often structured periodically (quarterly, biannually, or annually). In the event of a default, bondholders may have a claim on the property assets, ensuring additional security for investors.

Why Invest in 99Apartments?

99Apartments has built a reputation as a top-tier player in Nigeria’s real estate and hospitality sector, leveraging technology and operational efficiency to deliver premium short-term rental solutions. With increasing demand for high-quality apartments, professional cleaning, laundry services, and food delivery, the company is strategically positioned for rapid expansion.

A Strong Track Record of Growth

99Apartments has hosted over 15,000 unique guests and generated approximately ₦3.5 billion in revenue by Q4 2024, demonstrating strong market demand and financial stability. The company has maintained an impressive 5-star rating across platforms like Airbnb and Booking.com, reinforcing its credibility and customer satisfaction.

Diversified Revenue Streams

Beyond short-term rentals, 99Apartments operates multiple complementary businesses, enhancing its revenue streams and creating a resilient business model:

• 99Keys: A marketplace for apartment owners and service providers to list properties, currently hosting over 500+ active listings, with plans to expand to 5,000 listings by Q4 2025.
• RentEazy: A shared housing and credit renting solution, improving accessibility to quality housing for young professionals and business executives.
• FreshPress: A professional laundry service catering to both guests and corporate clients, with plans to triple service output by investing in industrial-grade laundry equipment.
• EazyPlate: A food and kitchen service offering high-quality meal preparation and delivery for guests.
• ShineEazy: A residential and commercial cleaning service, set to double its service capacity and revenue by expanding operations.

Strategic Expansion Plans

To support its continued growth, 99Apartments is raising ₦100 million in loan notes to fund key expansion initiatives, including:

1. Increasing its short-term rental portfolio by setting up three new luxury apartments in Lekki and Ikoyi to meet rising customer demand.
2. Scaling its laundry business (FreshPress) through the acquisition of additional industrial-grade laundry equipment.
3. Enhancing its cleaning services (ShineEazy) with investment in advanced cleaning equipment to serve more properties and corporate clients.
4. Expanding its in-house kitchen (EazyPlate) to generate additional revenue and enhance guest experience.

Investment Offering Details

Investors can take advantage of this opportunity with the following structured investment terms:

• Total Allocation: ₦100,000,000
• Tenor: 1 year (12 months)
• Annual Coupon Yield: 28%
• Minimum Subscription: ₦100,000
• Offer Open Date: April 2, 2025
• Maturity Date: April 30, 2026

Why This Investment Opportunity Stands Out

This investment offers a high-yield opportunity backed by an established company in a thriving market. The key benefits include:

• Attractive Returns: A 28% annual yield surpasses traditional fixed-income investments.
• Short Investment Cycle: The one-year tenor ensures investors see returns within a reasonable timeframe.
• Strong Underlying Business: 99Apartments has a diversified revenue model and a proven track record of profitability.
• Market Growth Potential: The demand for short-term rentals and premium hospitality services is growing, positioning 99Apartments for continued success.

Conclusion

Real estate investments have always been an attractive option for wealth building, but structured instruments like loan notes provide a way to benefit from the market without direct ownership. The 99Apartments Loan Note presents a compelling opportunity to earn a fixed 28% return while backing an innovative, high-growth company in Nigeria’s thriving real estate sector.

With a limited allocation of ₦100 million, now is the time to take advantage of this unique investment opportunity. Secure your investment today and be part of the future of premium real estate and hospitality in Nigeria.