Building for Sale – Direct from Owner
Location: Near Al-Faryan Street and Al-Ishreen Street
Land Area: 270 m²
Corner property on two streets (Southwest-facing, 10m wide)
Property Details:
Fully renovated building
Composed of 3 floors
Total Units: 12 apartments
Each apartment includes:
• 2 Bedrooms
• Living Room
• Kitchen
• Bathroom
All units fully rented
Rental Income (Effective from July 1, 2025):
SAR 186,500 annually, with potential for increase
• All rental contracts are electronic
• All leases are synchronized in the same month
Price: SAR 1,700,000 net
Note: Subject to an existing Real Estate Fund loan of SAR 160,000, to be assumed by the buyer
Presented by Khayala Real Estate Company
Offering professional and reliable real estate services:
• Property buying and selling
• Residential and commercial rentals
• Drafting official contracts
• Property management
For inquiries, contact:
• Abdulmajeed: 0560730358
• Muqrin: 0507746492
• Abu Fahad: 0552212464
• Abu Raif: 0504581242
• Abdulrahman: 0557076729