Building for Sale in Riyadh Al Yarmouk

**distinctive investment opportunity in riyadh – stable income & attractive returns** for sale: a premium serviced apartment building in a prime location in riyadh. **property specifications:** - area: 750 m² - street width: 35 m - age: 13 years - plumbing and electrical systems have been fully renovated, with updated décor and furnishings at a cost of approximately 2 million sar, bringing the property to excellent condition. **property components (30 units):** - 9 large apartments: 2 bedrooms, living room, kitchen, and 2 bathrooms - 7 apartments: 1 bedroom, living room, kitchen, and 1 bathroom - 10 independent rooms with a bathroom - 4 apartments: 2 rooms and 1 bathroom **investment features:** - leased under an electronic contract at 1,000,000 sar per year for 5 years - first installment of 250,000 sar received for the first 3 months, with the next payment due soon - all licenses and permits are in order, including a tourism license - net investment return of approximately 8%, with potential for increase after five years **price:** - last discussed price: approximately 11,300,000 sar (cash) - asking price: 11,700,000 sar (cash) **note:** no offers will be considered without a deposit. i am the exclusive agent and marketer for this property.