Building for Sale in Riyadh Al Munsiyah

**golden investment opportunity in east riyadh – 9% annual return** for sale: a mixed-use commercial and residential building in al-munsiyah district, on al-qalam street. - **area:** 700 sqm - apartments are rented to a company under an electronic contract for 5 years at **550,000 sar** in two installments - all shop leases are on annual electronic contracts, each shop at **42,000 sar/year** - **total income from shops:** 165,000 sar - the building has been fully renovated with new tiles, gypsum board, and excellent workmanship - **total income:** 715,000 sar - **annual return rate:** 9% - **number of shops:** 4 - **number of apartments:** 18 - 13 apartments: 1 bedroom, living room & bathroom - 5 apartments: 1 bedroom & bathroom - all units include air conditioners and kitchens - new elevator installed - building equipped with security cameras - **street width:** 36m, north-facing - **property age:** 13 years - **number of electricity meters:** 11 - all documents available: title deed, building permit, construction completion certificate, and floor plan **selling price: 8,000,000 sar** *apologies to marketers/brokers*