Building for Sale in Riyadh Dhahrat Laban

§9,000,000
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Financing options♦️*investment opportunity*♦️ for sale: commercial residential building in laban neighborhood fully rented shops and apartments. ⭕️ *area (1195.5)* ♦️age 9 years according to building permit, actual approximately 6 years. 🔹 *40m street - yanbu street in zahrat laban with 30-meter frontage*. 💢 *consists of two and a half floors plus annex* 🛑*building contents*: 📍number of (5 shops) 📍number of (21 apartments) fully rented with recent electronic contracts currently valid and recently renewed. each apartment (*two bedrooms, living room, kitchen, and bathroom*) except one apartment with one bedroom. ♦️air conditioners total *(70 seven-star split units)* with annual maintenance. 📍kitchens in all apartments fully installed - total of (20) kitchens. 📍*all rent payments monthly according to contracts approximately (53,000)* thousand regularly. 📍annual income approximately *(638,000) thousand annually with potential for increase* 📍possibility to add apartments in remaining space with approximate income of around *(120,000)* thousand annually. 📍very close to all necessary services for tenants. 📍*close proximity to new vital road projects*. 📍*distinguished space suitable for additions and income increase*. 📍opportunity to recover invested capital god willing in suitable time. contact: 0505672779
Listing Details
Street direction
North
Street width
40m
Apartments
None
Age
9 years
Rooms
43
Area
1,195m²
Features
Advertiser Info
فهد محمد
5 Review
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