Apartment with an outstanding loan!

- 22 Addis Hiwot - 13,999,000 Birr - 2 Bedrooms | 1 Bathroom | 7th Floor | 109 sqm - #The_Property Located near the 22 Addis Hiwot Hospital area, this unit is situated in a B+G+9 building featuring five apartments per floor. The building offers amenities such as a reception area, a borehole water supply, a backup generator, an elevator, and resident parking. Note 1: The property is currently rented out for 90,000 Birr per month. Note 2: The existing bank loan is transferable to the buyer. The loan is held with a bank and can be transferred with a 5-year repayment term and an interest rate of 20.5%. #Financial_Information • Asking Price: 13,999,000 Birr • Total Area: 109.00 sqm • Price per sqm: ~128,431 Birr • Estimated Monthly Rent: 90,000 Birr #Price_Position • Asking Price: 13,999,000 Birr • Market Evidence: Renting out the property is easy due to the availability of a diverse tenant base in the area, including Arab nationals, expatriates from other African countries, and young professionals. #Documents • Has a digital title deed #Status • Active as of August 24, 2026 #Viewing_Schedule • Appointment required one day in advance!