Building for Sale in Riyadh Skirinah

**a very rare and distinctive opportunity** **for sale: a distinguished building in new manfouha 🏢** a rare investment opportunity — a building with 3 frontages (south, east, and north end of street 📍) in an excellent location, opening onto an 11m southern street and a plaza; from the east, a paved parking area and an 11m street; and from the north, a dead-end street (cul-de-sac) of 8m — very close to al-madinah road. **property details:** - **building age:** 12 years ⏳ - **number of units:** 11 apartments 🏠 - 8 apartments: 2 rooms + fitted kitchen + bathroom - 2 apartments: 1 room + kitchen + bathroom - 1 apartment: 1 room + kitchen + bathroom + courtyard - **finishing:** excellent ✨ - **electricity meters:** 6 meters ⚡ **income & investment:** the building is fully rented under a single old contract with a company. - **current income:** 110,000 sar/year 💰 - **expected income (individual leasing):** 155,000 sar/year 📈 *(achievable upon contract expiry and individual leasing)* — a return of over **13%** **important note & advantage:** the property has an old-system real estate development fund loan of approximately **260,000 sar** (1,666 sar/month). **selling price: 1,190,000 sar cash + assumption of the fund loan.** location is excellent with ample parking available. **for inquiries and contact: 📞** *(number appears when clicking "call")*