Building for sale in As Sad, Madinah

For Sale | Distinguished Investment Building in Madinah – Shuran (J)

Strategic location, very close to Quba Street and Salah Al-Din Street
Property details:
Area: 814 m²
Consists of two buildings (new front building + fully renovated rear building)
Total units: 16 apartments

Front building (new):
* 3 floors
* 7 apartments in various layouts
* Modern elevator (4 stops), high specifications, with backup battery
* Provision for an additional elevator
* Independent external majlis (5×5) with a bathroom
* Luxury stone facade
* Split-system air conditioning

Rear building (renovated):
* 9 units (room + living room + kitchen + bathroom), prepared for daily rental
* 6 furnished units + 3 unfurnished units
* Currently rented on monthly contracts

Current annual income: SAR 252,000
Expected annual income: up to SAR 357,000 (when daily rental operations are started)

Asking price: SAR 6,000,000, negotiable.
A strong investment opportunity in a vital location with growth-potential returns.