Building for Sale in Riyadh Skirinah

§1,600,000
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Financing optionsresidential apartment building with an area of 244 sqm in riyadh, manfoha al-jadida district. close to king fahd road. completely renovated including paint, electricity, doors, windows, tiles, and plumbing. consists of 6 very large apartments, each apartment 125 sqm. all apartments consist of 3 bedrooms, living room, 2 bathrooms, and kitchen. the building is on a wide street with parking spaces available, and is opposite a mosque, garden, and government facility. there are 6 electricity meters and 1 water meter with connected sewage system. (total: 17 rooms, 6 living rooms, 12 bathrooms, and 6 kitchens) currently rented under one contract for 155,000 sar annually to a major company in the market. (the contract is for two years and the company wishes to extend with the owner) the company has contracts with riyadh municipality. contract starts on 10/02/2026. the company is a contracting company handling maintenance for riyadh municipality administration and has been with us for a long time in the building. around one million sar was spent on renovating the building from start to finish. 6 apartments with their electricity meters. new building permit. the buyer has the right to communicate with the tenant to confirm extension beyond two years.
Listing Details
Property Type
Residential
Street direction
South
Street width
10m
Apartments
6
Age
More than 10 years
Rooms
17
Area
243m²
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3 Review
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