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Investment Building in Dammam – Al Badiyah District - Dwelleo | Dwelleo
Ref 1200003456
Investment Building in Dammam – Al Badiyah District
Al Badiyah Dist., Dammam
Price
SAR1,100,000
3,385SARper m²
Property Description
For Sale: Investment Building in Dammam – Al Badiyah District
An excellent investment opportunity in a prime location (Corner lot with full street frontage).
Property Details:
Area: 325 sqm.
Location: Corner building (entire width faces the street).
Condition: Excellently maintained and cared for from the inside by the owner.
Utilities: 5 independent electricity meters.
Building Layout:
Ground Floor: 1 Large apartment + 3 Studio suites + a 2-shutter grocery store (rented for SAR 20,000).
First Floor: A full-floor layout consisting of two apartments opened into each other.
Third Floor: 2 Apartments (One 3-bedroom apartment + One 2-bedroom apartment).
Income & Price:
Current ROI: SAR 100,000 / year (Current rents are very old and below market value).
Potential ROI: Easily reachable up to SAR 130,000 / year upon rent adjustment.
Asking Price: SAR 1,100,000 (One Million One Hundred Thousand SAR) Negotiable.