Building for Sale in Jeddah Al Bawadi

🏢 **residential building for sale | jeddah – al-bawadi district** ✨ **a distinctive investment opportunity combining existing income with the potential for higher returns in the future!** in one of jeddah's vibrant investment districts, we present a residential building with a promising location, suitable for investors seeking rental income or an opportunity for future redevelopment. 📍 **location:** jeddah – al-bawadi district 🏗️ **property specifications:** age: 40 years - the building consists of 3 floors and a small annex. - 6 residential apartments, each consisting of 5 rooms, a living room, a kitchen, and two bathrooms. - the ground floor is divided into 4 apartments. - rooftop annex consisting of two rooms and a bathroom. - the apartments are renovated. - no elevator. 💰 **investment indicators:** - **current annual income:** sar 114,000. - **expected annual income when fully leased:** sar 180,000. - 3 apartments are currently vacant. - **current gross yield:** approximately 4.56%. - **expected gross yield:** approximately 7.2% when fully leased. 💎 **opportunity highlights:** a vibrant investment location in al-bawadi district, with the potential to benefit from the current rental income and increase it, or to consider redeveloping the property in the future in accordance with approved regulations and requirements. 💵 **asking price: sar 2,500,000** ✨ **invest today in a property that combines current income with future growth opportunities.** 📞 for details, inquiries, and to arrange a viewing, we would be happy to hear from you.