Building for Sale in Jeddah Al Aziziyah

🏢 commercial investment building with rewarding annual returns and future growth opportunities a distinguished investment opportunity to own an income-generating real estate asset that combines both commercial and residential activities, achieving stable cash flows with regular operational returns. 📍 property specifications: • area: 630 m² • facade: eastern • street width: 30 meters • number of floors: 5 floors • number of commercial shops: 4 shops • number of residential apartments: 17 apartments (two and three bedrooms) • number of bachelor rooms: 14 rooms • number of electricity meters: 18 independent meters 💰 current revenue: • monthly income: 43,000 sar • annual income: 516,000 sar ⭐ investment advantages: • existing and stable operational income from diverse residential and commercial units. • long-term tenants with stable rental history and regular commitment to monthly payments. • low vacancy rates and continuous cash flows. • potential to increase future revenues by updating some rental contracts in line with prevailing market prices. • prime location on a commercial street with 30-meter width. • diversified income sources between commercial and residential activities enhancing investment stability. 📈 opportunity to maximize returns: the property generates existing annual income exceeding half a million sar, with opportunity to increase future investment returns due to current tenant stability and potential for gradual rental value improvements according to market indicators. an investment that combines continuous cash flow, operational stability, and long-term return growth opportunities. for contact and inquiries 0556616056