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عهد بن عبدالعزيز بن حسين عويضه

No reviews yetJoin Date: 17/12/2024
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Listings (1)

Building for Sale in Dammam Al Athir

§3,500,000

  • 700m²
  • 30m
  • Commercial

🏢 fully leased investment building | high net return 📍 dammam – al-atheer district – ahmed al-kateb street (active street) 💰 price: 3,500,000 sar 📐 land area: 700 m² 🏗 property age: 9 years 🧭 facade: south-facing ⸻ 📊 income details: • 34 residential apartments – fully leased ▪ average rent: 905 sar monthly per apartment ▪ annual income: 369,000 sar • 4 commercial shops on main street ▪ average rent: 18,500 sar annually per shop ▪ annual income: 74,000 sar 📈 total annual income: ~443,000 sar 📉 operating expenses: ~125,000 sar ✅ net annual income: ~318,000 sar 📈 net return: approximately 9.1% annually ⸻ ⭐ why this property? ✔ 100% occupancy (residential and commercial) ✔ stable and diversified income ✔ prime location close to all services ✔ return above market average ✔ suitable for investors seeking immediate income ✔ all documents ready for transfer 🚫 no brokerage ⸻ 📂 complete investment file available upon request (lease contracts – income and expense statement – additional photos) 📞 contact: 0500701800

Al Athir, Dammam

Building for Sale in Dammam Al Athir
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