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Prime Investment Building with Strong Return in Dammam - Dwelleo | Dwelleo
Ref 1200003456
Prime Investment Building with Strong Return in Dammam
An Nada Dist., Dammam
Price
SAR6,800,000
5,667SARper m²
Property Description
Investment Building for Sale – Al Nada District, Dammam
A prime investment opportunity offering a strong annual return in one of Dammam’s vibrant and sought-after neighborhoods.
Property Details:
* Land Area: 1,200 sqm
* Residential Units: 46 units
* Commercial Shops: 6 shops
Income Details:
* All residential units are leased to a company under an annual contract valued at SAR 490,000.
* The commercial shops are leased to various businesses, including a laundry service, barbershop, and commercial establishment.
* Net Annual Income: SAR 637,000.
Property Highlights:
* All lease agreements are electronic and recently renewed.
* Complete documentation and contracts are available for review.
* Fully leased income-generating asset.
* Stable and consistent rental income with an attractive investment return.
Asking Price:
SAR 6,800,000 (Negotiable).
