Property Type: Three residential units (1 Ground Floor, 1 First Floor, 1 Upper Apartment with Rooftop Lounge)
Location:
North-facing on a 15m wide street
West-facing on a 12m corridor
Features:
Condition: All units are fully rented
Air Conditioning: Split air conditioning units installed in all rooms
Water Heaters: Installed in all units
Kitchens: Some kitchens are equipped
Total Area: 325 sqm
Age of Property: Approximately 8 years
Electricity and Water:
3 independent electricity meters
1 water meter
Financial Details:
Total Asking Price: 1,200,000 SAR
Annual Rental Income:
Ground Floor: 33,000 SAR
First Floor: 24,000 SAR
Upper Apartment: 14,500 SAR
Driver’s Room: 7,000 SAR
Total Annual Income: Approximately 80,000 SAR (potential to increase to 90,000 SAR)
Legal:
Ownership: Independent title deed, electronically updated
License Number: 7200333533