Building for Sale in Jazan Al Matar

urgent sale – fully leased investment opportunity a residential building in al-matar district, jazan city, in a prime location, with a northern frontage on a 10m-wide street, and to the west a green area followed by a 10m-wide street. land area: 488 m². 🏠 property features • 6 residential apartments. • each apartment: 3 bedrooms + living room + kitchen + 2 bathrooms. • two entrances for each apartment. • ground floor + first floor + second floor. • additional annex of 45 m². • the property is suitable for use as residential units, with the possibility of selling as individual apartments after completing the subdivision requirements. • privately built, not a developer-built building. • car parking available. • light gypsum finishing. • porcelain flooring. • upper and lower water tanks. • one water meter for the building with separate water lines for all apartments. • separate electricity meter for each apartment. 📐 areas • land area: 488 m². • ground floor area: 272 m². • first floor area: 289 m². • second floor area: 289 m². • annex area: 45 m². • total area of the floors and annex: 895 m², according to the stated areas. 💰 current income the property is fully leased: • 4 apartments × sar 1,600 = sar 6,400 per month. • 2 apartments × sar 1,500 = sar 3,000 per month. • total monthly income: sar 9,400. • total annual income: sar 112,800. 📄 documents • electronic title deed. • building permits. • permit for additional floors. • the property is mortgaged to the real estate development fund. 💵 asking price sar 1,500,000. urgent sale — serious buyers only, please get in touch.