Reference ID : HRA001KJ1
For Sale BHD 3,800,000 - Residential Building
Fully Furnished fully occupied building with 10% Yield !
Area Hoora
This is a fully furnished ten story residential apartment building that is located in a quiet area of Hoora near Beit Al Quran and Kuwait Finance House Auto Mall. The building offers 62 spacious apartments in which 57 are two bedroom apartments, 5 are one bedroom apartments and 3 are three bedroom apartments. The owner is looking to sell this building for 3,800,000 BHD. The plot for the land is fairly large, it is 1,727 Sqm. The building is currently being rented at 100% occupancy giving the investor a gross yield of 10%.
Monthly Gross Income: 32000 BHD
Yearly Gross Income: 384,000 BHD
Notes:
- This building is 7 years’ old but has been well maintained
- The apartments are very spacious
- The building offers full facilities including a roof top pool, health club, steam and sauna rooms, ladies and gent’s gym and kid’s playing area
- Close to all shopping centers, restaurants and schools
- Quiet neighborhood
- 60 car parking spaces
This listing is subject to availability and client approved financing. Actual property may differ from photographs posted and information listed is subject to change without notice.
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