Building for Sale in Al Majmaah King Abdullah



§2,200,000
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Financing options🏢 distinguished investment opportunity for sale | fully leased residential-commercial building 📍 king abdullah district – nayef bin abdulaziz road | majmaah governorate invest in a property that combines stable income with a strategic location on one of the most important commercial and vibrant streets in majmaah governorate. 📐 property details ▪ plot number: 836 ▪ plan: 913 ▪ land area: 735 m² ▪ north-facing facade on a 30m-wide commercial street ▪ property age: 12 years ▪ number of electricity meters: 11 independent meters ▪ one main water meter 🏬 components 4 commercial shops ▪ each shop area: 45 m² ▪ total area: 180 m² ▪ fully leased with electronic contracts 🏠 8 residential apartments ▪ fully leased ▪ each apartment consists of: • majlis (sitting room) • 2 bathrooms • living room • kitchen • 2 bedrooms ✅ independent electricity meter for each apartment ✅ split air conditioners ✅ all utilities available (electricity – water – sewage) ✅ front parking spaces ✅ prime location near schools, commercial, and financial services 💰 current annual income: 145,000 sar 📈 notable investment indicators ▪ current roi: 6.6% ▪ potential to raise roi to approximately 9.5% based on prevailing rental rates in the area ▪ fully leased property providing stable cash flow ▪ promising opportunity for yield growth and increased investment value in the future 💵 asking price: 2,200,000 sar negotiated price reached / 2,000,000 sar ⭐ why this opportunity? • commercial location on a main and vibrant street • full occupancy of shops and apartments • existing income from day one of ownership • potential for significant investment yield growth 📞 contact (serious investors only): al-sheehah real estate office 📍 majmaah – prince thanyan bin saud street 📄 advertisement license: 7200988401 📄 fal real estate license: 1200043322 📱 ((number appears upon pressing call))
Listing Details
Property Type
Residential
Street direction
North
Street width
30m
Age
More than 10 years
Rooms
30
Area
735m²
Features
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Advertiser Info
مكتب ربى خالد الشيحه للعقارات
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