Listing summary
Residential and commercial building for sale in Ajman Building age: 8 years Land area: 10,000 square feet Building consists of: Ground floor + 3 floors Located in Al Muwaihat 2 Number of units: 53 units as follows 8 studios 34 one-bedroom apartments 2 two-bedroom apartments 8 retail shops 1 concierge room Current actual income: 1,200,000 AED Note: There are 4 shops that have not yet been rented, meaning that after leasing these units, the income will exceed the current actual income above. The building is connected to the sewerage system. The sewerage system has been fully paid. 200,000 AED has been paid for connections to the Ajman government. Annual expenses do not exceed 20,000 AED for maintenance of common areas, corridors, signage, and cleaning. The building Fully leased, 100%, except for two shops. All contracts are annual and notarized by the municipality. All shops are fully leased, except for two. Required price: 12,000,000, non-negotiable.