8 Bedroom Villa for Sale in Okaz Dist., Riyadh

An excellent investment opportunity to acquire a residential villa divided into two fully independent floors in Okaz District, South Riyadh, on Muhammad Ibn Juzi Street (North-facing). The property is 13 years old and features private electricity meters for each floor, along with structural provisions on the rooftop to construct an additional apartment for future capital expansion. Both floors are currently tenanted under official electronic contracts, generating immediate cash flow. Note: The property is currently mortgaged. Core Property Details: Offer ID: 3062 Location: Okaz District (Muhammad Ibn Juzi Street) – South Riyadh Property Type: Investment Residential Villa (Two completely separated floors) Built-Up Area: 318 sq m Property Age: 13 Years Orientation & Street: North-facing Utilities: Independent electricity meter for each floor Future Potential: Rooftop pre-provisioned/shafted for building an additional apartment Financial & Investment Status: Mortgaged; currently rented via official e-contracts generating immediate income Asking Sale Price: SAR 1,190,000 Estimated Monthly Installment: SAR 7,700 Interior Layout Per Floor (Fully Separated): 4 Spacious rooms per floor (8 rooms total) Family living room per floor (2 lounges total) Independent kitchen per floor 3 Bathrooms per floor (6 bathrooms total)