Fully Leased Residential Building for Sale in Al-Manfouha Al-Jadidah – 300 sqm

Be Found Real Estate presents a prime residential building for sale in the vibrant district of Al-Manfouha Al-Jadidah. This property is an exceptional opportunity for investors seeking a strong, reliable annual return. The building is brand new, fully leased with electronic contracts, and ready to generate immediate income. Investment Highlights: Annual Income: SAR 250,000. Yield: 9.25% annually. Legal Status: Freehold, unmortgaged, with established, documented rental contracts. Property Specifications: Land Area: 300 sqm, located on a 10-meter wide Eastern street. Total Units: 14 residential units. Unit Layouts: 11 apartments consisting of: Two spacious rooms, a living area, a kitchen, and two bathrooms. 3 apartments consisting of: One room, a living area, a kitchen, and one bathroom. Price: 2,700,000 SAR