Building for Sale in Jeddah Al Riyadh





§2,500,000
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Financing options🏗️ investment building in jeddah (al-riyadh scheme - c) | personal construction and strategic location 💰 for sale: residential building in the best areas of al-riyadh scheme (c) in jeddah city, distinguished by construction quality and vital location close to all services, an ideal choice for investors seeking a secure property with stable income. 📍 location features: • location: al-riyadh scheme (part c) - the best and most in-demand area. • proximity to services: 3 minutes walk to mosque, very close to girls' school complex (from kindergarten to high school). • easy access: surrounded by all services, markets, restaurants, and stations. 🏢 property and unit details: • property age: 10 years (personal construction). • number of apartments: 7 fully occupied apartments (100% occupancy). • spacious areas: apartments feature large rooms 5x4 meters, wide living rooms and balconies. first floor consists of two apartments with 4 rooms each and two entrances for each apartment second floor consists of 3 apartments (two apartments with 3 rooms and two entrances each) (one apartment with 2 rooms and one entrance) annex consists of two apartments with 3 rooms and private roof for each apartment • construction feature: documentary photos of construction phases available (shown to serious buyer during inspection and site visit) to ensure foundation quality. • additions: independent room in courtyard with its facilities. 📊 investment return: • current actual income: 122,592 riyals annually (due to owner's consideration for tenants). • expected income: up to 150,000 riyals annually according to current market prices, increasing future returns. 💰 value and sale terms: • asking price: 2,600,000 riyals (including settlement of existing mortgage to the fund). • sale method: cash only (bank financing not accepted). viewing one of the apartments and site inspection possible (for serious buyers only). contact for coordination, respecting tenants' privacy. • exclusive direct agent
Listing Details
Property Type
Residential
Street direction
North
Street width
15m
Apartments
7
Age
10 years
Rooms
7
Area
625m²
Features
Videos (1)
Advertiser Info
ناصر عبدالله عبدالرحمن الشماسي
5 Review
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