For sale, a commercial building in Riyadh
Location: Al Olaya district, next to the Ministry of Interior
The building is on the corner of a north-facing street and a west-facing street
Consists of 30 apartments
Serviced apartments rented for 1 million riyals annually (one contract)
Total land area: 1400 sq m
Total building area: 3027.50 sq m
Apartment details:
19 apartments with one bedroom, living room, kitchen, and bathroom
11 apartments with two bedrooms, living room, kitchen, and two bathrooms
Rent payment in two installments
Shops: 5 shops, rented for 40 thousand per shop annually
Total net income:
1.2 million riyals
Selling for 15 million, negotiable.