Building for Sale in Riyadh Thalim

§850,000
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Financing options**real estate sale announcement** **residential investment building – al marqab district, riyadh** --- **first: property details** - **type:** residential building no. 11 - **location:** al marqab district, riyadh - **area:** 120 square meters, on a north-facing street with a width of 7.2 meters - **layout:** 3 floors, each floor containing 4 independent residential units – each unit consisting of a room + kitchen + bathroom - **proximity:** adjacent to al marqab market and al marqab metro station --- **second: financial data** - **total monthly collected income:** sar 10,300 - **operating expenses:** water and electricity bills only - monthly average: up to sar 2,000 maximum during summer - note: the low consumption is due to the installation of 12 energy-efficient split air conditioners; bills decrease during winter - **net monthly income:** sar 8,300 - **net annual income:** sar 99,600 - **annual return rate:** 13.2% on the selling price --- **third: property condition** - **tenancy:** the property is fully rented with lease contracts electronically documented through the ejar platform, each unit under a separate contract - **maintenance:** comprehensive maintenance has been carried out, including air conditioners, plumbing, electrical systems, and painting - **licenses:** building permit in place --- **fourth: asking price** **sar 750,000** – negotiable within reasonable limits for serious buyers
Listing Details
Street direction
North
Street width
7m
Age
More than 10 years
Rooms
12
Area
120m²
Features
Advertiser Info
مؤسسة مكتب رواد الاداره للخدمات العقارية
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