Building for Sale in Al Muzahimiyah Ghirnatah
§6,000,000
for sale: building in muzahimiyah - king khalid road
area: 730 sqm
street: 40m western
🛑 building details and income details:
♦️ number of apartments: (10) fully furnished apartments:
details of each apartment consisting of: (bedroom + living room + kitchen + bathroom)
fully rented with one annual contract valued at (350 thousand).
one payment at the beginning of the contract dated 1/1/2025
♦️ number of halls: (5) halls with scale system:
🔻 hall numbers (1 & 2) rented to "dawwar al-saada restaurant"
contract duration (5 years) with annual value (110 thousand)
contract start date 1/6/2026, payment every 6 months
🔻 halls (3 & 4) rented to "sweets and gifts shop"
contract duration (5 years) with annual value (110 thousand)
contract start date 1/8/2026, payment every 6 months, first payment received
🔻 hall (5) rented to "massage center"
contract duration (3 years) with annual value (70 thousand)
contract start date 1/10/2025, payment every 6 months
total annual income for the building: (640 thousand) riyals
(all contracts are electronic and documented through ejar platform).
Ghirnatah, Al Muzahimiyah
