Building for Sale in Al Majmaah King Abdullah
§ SAR 2,200,000
🏢 distinguished investment opportunity for sale | fully leased residential-commercial building
📍 king abdullah district – nayef bin abdulaziz road | majmaah governorate
invest in a property that combines stable income with a strategic location on one of the most important commercial and vibrant streets in majmaah governorate.
📐 property details
▪ plot number: 836
▪ plan: 913
▪ land area: 735 m²
▪ north-facing facade on a 30m-wide commercial street
▪ property age: 12 years
▪ number of electricity meters: 11 independent meters
▪ one main water meter
🏬 components
4 commercial shops
▪ each shop area: 45 m²
▪ total area: 180 m²
▪ fully leased with electronic contracts
🏠 8 residential apartments
▪ fully leased
▪ each apartment consists of:
• majlis (sitting room)
• 2 bathrooms
• living room
• kitchen
• 2 bedrooms
✅ independent electricity meter for each apartment
✅ split air conditioners
✅ all utilities available (electricity – water – sewage)
✅ front parking spaces
✅ prime location near schools, commercial, and financial services
💰 current annual income: 145,000 sar
📈 notable investment indicators
▪ current roi: 6.6%
▪ potential to raise roi to approximately 9.5% based on prevailing rental rates in the area
▪ fully leased property providing stable cash flow
▪ promising opportunity for yield growth and increased investment value in the future
💵 asking price: 2,200,000 sar
negotiated price reached / 2,000,000 sar
⭐ why this opportunity?
• commercial location on a main and vibrant street
• full occupancy of shops and apartments
• existing income from day one of ownership
• potential for significant investment yield growth
📞 contact (serious investors only):
al-sheehah real estate office
📍 majmaah – prince thanyan bin saud street
📄 advertisement license: 7200988401
📄 fal real estate license: 1200043322
📱 ((number appears upon pressing call))
King Abdullah, Al Majmaah
