Building for Sale in Riyadh Al Khaleej





§9,500,000
Would you like to own the property?
Financing optionspeace be upon you for sale: commercial building area: 1200 sqm street frontage: 30m depth: 40m 40m street facing north near sheikh jaber al khaleej district the building is fully rented under one contract for 500,000 and two shops for 50,000 total current income: 550,000 contract expires in two years if the buyer wishes to operate it, monthly income would be no less than 75,000, meaning annual income around 900,000 land prices in this area are 5,000-5,500 with no available offers this means the land alone is worth over 6 to 6.5 million excluding taxes and appreciation number of apartments: 24 furnished apartments ground floor: 10 apartments 4 two-bedroom with living room 6 one-bedroom with living room first floor: 12 apartments 4 two-bedroom with living room 8 one-bedroom with living room top floor (roof): 2 apartments total: 24 apartments 16 one-bedroom apartments with living room, bathroom, and kitchen 8 two-bedroom apartments with living room, bathroom, and kitchen 18 electricity meters asking price has reached 8.5 million and sale is authorized, god willing owner's agent
Listing Details
Street direction
North
Street width
40m
Apartments
24
Age
More than 10 years
Stores
2
Rooms
1
Area
1,200m²
Features
Advertiser Info
سلطان محمد مضحي الرويسان
5 Review
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