Building for Rent in Al Muzahimiyah Al GhatGhat
§250,000/annually
1,127m²
5m
a commercial investment building located in dhurma governorate, in a prime location on a 25-meter-wide street. the property is currently operational and fully leased.
**land area:** 1,127.85 m²
**facade:** east-facing
**number of floors:** ground floor + first floor
the building was renovated approximately 3 years ago.
**property details:**
- the ground floor contains 11 commercial shops, all currently leased.
- the first floor contains 5 apartments.
- each apartment consists of 4 rooms + 2 bathrooms.
- the apartments are currently operated under a room-rental system, at a rate of 1,200 sar per month per room, inclusive of water and electricity.
- the property features multiple income sources from both commercial shops and residential units.
- current rental rates have potential for future improvement, especially given the rising rental prices in the area.
**current approximate income:**
- shops: 11 × 14,000 = 154,000 sar annually
- apartments: 5 × 4 rooms × 1,200 × 12 = 288,000 sar annually
- **total current annual income: approximately 442,000 sar**
Al GhatGhat, Al Muzahimiyah
