Building for Sale in Riyadh Umm Al Hamam Al Gharbi





§10,000,000
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Financing options🏢 **for sale: investment building – umm al-hamam, riyadh** a fully leased residential building with an existing annual income of 600,000 sar, located on sheikh muhammad bin salih al-uthaymeen street (30m width), in a strategic location close to embassies, universities, and hospitals. **property specifications and features:** * annual income: 600,000 sar, with documented annual lease contracts. * 100% occupancy rate and 0% default rate, with all tenants committed to payment. * all tenants are families — saudi and foreign nationals, including diplomats. * high-demand rental area with rarely any vacancies. * land area per title deed: 461.82 m². * frontage: 20.30m; the land is regular and nearly rectangular in shape. * number of units per building permit: 8 units; current division: 14 apartments. * 12 apartments have been internally renovated and refurbished, and all apartments are equipped with new split air conditioners. * built-in kitchens, most of which are new. * renovation is internal and does not include the exterior façade. * parking spaces available. * the property is operational, fully equipped, and ready for investment, with an existing and regular income from day one of purchase. **location:** * approximately 1 minute from the diplomatic quarter. * approximately 3 minutes from lisan valley. * approximately 5 minutes from king saud university and king khalid university hospital. * close to king faisal specialist hospital. * all services and daily amenities are in close proximity to the property. this property is ideal for investors seeking documented existing annual income, full occupancy, committed tenants, and a renovated, fully equipped property in a strategic location. 📞 viewings and negotiations for serious buyers only.
Listing Details
Street direction
North
Street width
30m
Apartments
14
Age
More than 10 years
Rooms
1
Area
461m²
Features
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Umm Al Hamam Al Gharbi info
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