Excellent Investment Opportunity - Fully Rented Building in Al-Aziziyah District
📍 Riyadh - Al-Aziziyah District - Mohammed Rashid Street
🚇 Very close to Al-Aziziyah Metro Station and Dirti Restaurant
Property Details:
Area: 2700 square meters
Age: 10 years
Composition:
64 small furnished apartments (designed for daily/monthly rent)
10 commercial showrooms
Rental Status (Currently Rented):
Apartment Rent: 750,000 SAR annually
Showroom Rent: 600,000 SAR annually
Total Current Rent: 1,350,000 SAR annually
There is a large upper hall remaining (suitable for a coffee shop, game arcade, or restaurant) with an expected rent of 70-80 thousand SAR.
Total expected after renting the hall: Approximately 1.5 million SAR annually
Price: 15 million SAR