Building for Sale in Jeddah Al Sharafiyah

building height: 4 floors. total units: 14 residential apartments. apartment distribution: 6 apartments consisting of 4 rooms. 8 apartments consisting of 3 rooms. (all apartments are equipped with an independent electricity meter) 4 independent exterior rooms (equipped for drivers or a guard, available for separate rental) property age: approximately 17 years. current annual income: 400,000 sar (the reason for the lower income is the owner's reluctance to raise rents throughout the past period.) the annual income can be significantly increased by adjusting the rental contracts to align with the prevailing market rates in the neighborhood. ——————————————————————— a privately built building (high specifications), distinguished by its excellent condition and meticulous periodic maintenance follow-up, making it ready for investors without any additional expenses. property features: private construction: attention to the finest engineering and structural details. excellent condition: the building is very clean with no maintenance neglect whatsoever. ready income: the building is fully rented, and all contracts are electronic and documented to safeguard the owner's rights. safe investment: 100% occupancy rate, ensuring a stable investment return.