Apartment association · Ülenurme alevik, Kambja vald

Heki tn 2 apartment association

Kambja vald, Ülenurme alevik, Heki tn 2 korteriühistu (registry code 80407276) manages a 3-storey panel building built in 1974 with 24 flats. According to its 2025 annual report, the association's long-term liabilities were €351,717 (€285 per m² of flat space) and it held €20,004 in cash. In 2021 long-term liabilities rose from €0 to €410,010 — usually a sign of a renovation.

Board

  • RKRainar Kruusboard member1 year 5 months
E
Association grade
E · weak
Kambja vald: ranked 137 of 143 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilityweak
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementaverage
reports filed on time

Building

Built
1974
Storeys
3
Construction
panel
Flats
24
Lift
no
Heating
district heating
Renovated
yes

Works on the building

Energy class has improved: F (2017) → C (2024)

per the building register

Energy class
  • A
  • B
  • CCvalid until 21.01.2034
  • D
  • E
  • F
  • G
  • H

Building page: Heki tn 2 →

Long-term liabilities
€351,717
as of 31.12.2025
Liabilities per m²
€285
similar buildings with a loan €152
Cash
€20,004
€16/m² · similar €16/m²
Income per m² a month
€1.22
similar buildings €1.05

Compared with similar buildings: Kambja vald, built 1969–1979 (16 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²2020332 €/m²new loan2021321 €/m²2022311 €/m²2023299 €/m²2024285 €/m²2025

Loan principal repayment is an estimated €0.99 per m² of flat space a month, about €50 a month for a 50 m² flat (interest not included) — more than 87% of associations repaying a loan. The median is €0.52 in Estonia and €0.66 in Kambja vald. At the current pace the loan will be repaid around 2049.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€351,717€27,282€20,004€18,089€0
2024€369,093€26,153€17,867€11,904€0
2023€384,698€26,578€14,380€29,732€0
2022€396,212€45,081€33,478€337,964€3,325
2021€410,010€103,522€91,059€33,825€0
2020€0€36,733€39,149€9,430€0
2019€0€26,633€27,710€10,297€0

Compared with similar buildings (Kambja vald, built 1969–1979; 16 associations), long-term liabilities per m² of flat space are higher than 69% of them. The median for buildings with a loan is €152/m².

Flats in this building

1 flat was offered for rent at €650 a month.

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BLasteaia tn 2Ülenurme alevik1937 · 36 flats€697,535€5,7072025
EHeki tn 4Ülenurme alevik1974 · 24 flats€352,739€8,6832025
EPargi tn 3Ülenurme alevik1968 · 12 flats€316,923€19,8422025
BLasteaia tn 4Ülenurme alevik1981 · 36 flats€761,048€47,4622025
CUus tn 1Ülenurme alevik1986 · 60 flats€340,879€23,1012025
CPargi tn 5Ülenurme alevik1963 · 8 flats€0€8,3352025
CPoldri tn 1Ülenurme alevik1989 · 58 flats€144,716€26,0472025
–Lennu tn 6Ülenurme alevik1981 · 4 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €351,717 of long-term liabilities. The report's key figures do not separate a bank loan from a renovation grant — the association's own statement gives the exact loan balance.

How much cash does the association have?

At the end of 2025 the association held €20,004.

When was the building built?

According to the building register, it was first used in 1974 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Rainar Kruus (board since 05.05.2025).

How is the association grade calculated?

The A–E grade is built from public data and compares the association with all apartment associations in Estonia. House condition (40%) takes the building's age into account – a new house needs no renovation – along with the energy certificate and the works on the building that its flats' sale ads describe (sellers' and brokers' unverified claims) – the more works (facade, roof, pipes, heating and so on), the better; in an older building, a loan taken for renovation also counts as investment. Loan affordability (30%) shows how many years of income the long-term liabilities equal – up to three years is entirely normal. Cash buffer (10%) is cash per m² of flat space averaged over the last three year-ends: without a loan a bigger buffer is better; with a loan a moderate one is enough. Management (20%) shows whether the last three years' reports were filed, and on time, with extra points for a professional manager. A loan is not bad in itself: in an older building it usually means the house has been renovated. The grade is updated weekly.

Where does the data come from?

Finances: business register open data (annual-report key figures, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.