Building for Sale in Riyadh Umm Al Hamam Al Gharbi
§10,000,000
461m²
30m
🏢 **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.
Umm Al Hamam Al Gharbi, Riyadh
