Building for Sale in Jeddah Ar Rihab





Building for Sale
SAR 17,000,000 SAR 16,750,000 Discount 1%
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Financing optionsin the name of allah, the most gracious, the most merciful **for sale – a distinctive investment opportunity** two residential buildings situated on a total land area of 3,000 square meters, with approximately 50% of the land currently developed, while the remaining portion is available for future development and investment — providing the buyer with an opportunity to increase returns and maximize asset value. **property specifications:** - number of buildings: two residential buildings - number of units per building: 22 apartments - total number of units: 44 apartments **unit details:** - 4 apartments (2 bedrooms + living room) located on the basement floor - 18 apartments (3 bedrooms + living room) **building components:** - 5 floors + basement floor - 2 annex floors containing 4 apartments (3 bedrooms + living room) **investment highlights:** ✓ both buildings are fully leased under annual contracts ✓ current annual income: 908,000 sar ✓ potential to increase returns and grow revenues in the future ✓ a significant portion of the land is undeveloped and available for future expansion **asking price:** 17,500,000 sar
Listing Details
Property Type
Residential
Street direction
South
Street width
15m
Apartments
None
Age
More than 10 years
Rooms
124
Area
3,000m²
Features
Videos (1)
Advertiser Info
مساعد عبدالله نجم الحزامي
5 Review