Building for Sale in Riyadh Dhahrat Laban

♦️*investment opportunity*♦️ for sale: a commercial and residential building in the laban district. fully leased, with shops and apartments. ⭕️ *area: 1,195.5 sqm* ♦️ age: 9 years according to the building permit; the actual age is approximately 6 years. 🔹 *street: 40 m wide, yanbu street, with a 30 m frontage facing laban.* 💢 *two and a half floors plus an annex* 🛑 *building contents:* 📍 5 shops 📍 21 apartments, fully leased with recently renewed, valid electronic contracts. each apartment has *two bedrooms, a living room, a kitchen, and a bathroom*, except for one apartment with a single bedroom. ♦️ air conditioners: *70 seven-star split units*, with annual maintenance. 📍 kitchens in all apartments are fully installed: 20 kitchens. 📍 *all rents are paid monthly according to the contracts, approximately 53,000 regularly.* 📍 annual income is approximately *638,000, with potential for increase.* 📍 possibility of adding apartments on the remaining area for an additional income of approximately *120,000* annually. 📍 very close to all the services tenants need. 📍 *close to the new vital road projects.* 📍 *distinctive area with room for expansion and increased income.* 📍 an opportunity to recover the invested capital, god willing, within a suitable time. contact: 0505672779