Building for Sale in Riyadh Dhahrat Laban

🏢 for sale: residential building in laban neighborhood on a 30-meter-wide street, close to the western ring road #rented with a single 3-year contract, 7% return #east laban neighborhood: area: 840 sqm dimensions: 24m width * 35m depth -south facing, 30m wide street with 24m frontage #10 different apartments (each apartment has its own electricity meter and ground/overhead water tanks). #each apartment has 3 bedrooms, living room, kitchen, and 3 bathrooms #air conditioners and kitchens belong to the building. #new elevator under warranty. #safety system (fire extinguishing and alarm) #insurance against defects (malath) #new construction. #3-year contract started in march 2024 at 600,000 riyals per year. #sale price: 8,500,000.