Building for Buy & Sell in Ahmadi, Abu Halifa, Block 2

Kuwait, Ahmadi, Abu Halifa, Block 2
Published Date: Sep 23, 2024
| Ref no # 140244
Sell price
1,150,000 KWD
Buy Online
Give an Offer
Mobile
Request a tour

Description

The building in Abu Halifa (Plot 2) is for sale with clear specifications. Here is an analytical view of the property in terms of financial returns and its area:

Property details:
Total area: 856 square meters.
Formation:
4 floors + ground floor.
Total number of apartments: 19 apartments.
Number of apartments on the ground floor: 3 apartments.
Number of apartments on each upper floor: 4 apartments.
Total number of shops: One shop (rented as a "tire shop").
Guard room.
Parking spaces for each apartment.
Apartment details:
Each apartment consists of:
A room measuring (3.5 x 4).
A room measuring (3.5 x 2).
A room measuring (4 x 4).
A bathroom of different sizes (one of them is 2.5 square meters).
A hall (4 x 6).
A kitchen (2 x 3).
Tenant contracts details:
Number of rented apartments:
12 apartments with a monthly rent of 230 KD.
5 apartments with a monthly rent of 200 KD.
Number of vacant apartments: 2 apartments.
Shop rent: 450 KD per month.
Actual revenues:
Total actual rent for apartments: 170 KD per apartment.
Total actual rent for shop: 400 KD.
Total actual rents:
Total monthly rent (for 17 apartments + shop):
17 apartments x 170 KD = 2890 KD.
Shop = 400 KD.
Total monthly rent: 2890 + 400 = 3290 KD.
Electricity:
Number of apartments with electricity: 12 apartments.
Number of apartments whose electricity bill is borne by the property owner: 5 apartments.
Advantages:
Excellent location: The building is located on the corner of two streets.
Dedicated parking spaces.

Monthly installment:

/ Month

Amount of credit:

/ 10%

Long Term:

30 Year
Request Funding Loan Calculator

Owner Information

License Information
Advertising License Number #ت ع 2024/469
You agree to Sakan's Terms of Use & Privacy Policy. By choosing to contact a property, you also agree that Sakan Group, landlords, and property managers may call or text you about any inquiries you submit through our services, which may involve use of automated means and prerecorded/artificial voices. You don't need to consent as a condition of renting any property, or buying any other goods or services. Message/data rates may apply.
Report this Property