Investment Building for Sale in Al Dar Al Baida

B-Found Real Estate is pleased to present a high-yield investment opportunity in Al Dar Al Baida district. This residential building, fully renovated to modern standards, spans 630 square meters and occupies a prime corner position on a 30-meter western street and a 6-meter southern corridor. Investment & Financial Highlights: Annual Income: 500,000 SAR, delivering an impressive 10% annual return on investment. Lease Status: Fully leased under a single two-year contract with a major corporation, ensuring stable and reliable cash flow. Building Specifications: The property features 11 residential apartments, each efficiently designed with 3 rooms, a lounge, a kitchen, and two bathrooms. Residents also benefit from a private outdoor seating area. The building is strategically located just 1 kilometer from the metro station. Safety & Compliance Features: The building is fully equipped and compliant with all regulatory standards, offering peace of mind to the investor: Certified fire safety and civil defense system. Comprehensive CCTV surveillance system. Central gas system. All legal documentation is in place, including the Building Completion Certificate, Renovation License, and actual-status building permit (Fasah). Listing ID: 1928 Asking Price: 5,000,000 SAR.