Apartment association · Lelle alevik, Kehtna vald
Pärnu mnt 12 apartment association
Kehtna vald, Lelle alevik, Pärnu mnt 12 korteriühistu (registry code 80192864) manages a 3-storey brick building with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €447,174 (€386 per m² of flat space) and it held €11,266 in cash. In 2022 long-term liabilities rose from €0 to €467,342 — usually a sign of a renovation.
Board
The association is run by MGK Kinnisvarahaldus OÜ.
- MKMGK Kinnisvarahaldus OÜappointed manager3 years 3 months
- House conditiongood
- age, energy class and works done
- Loan affordabilityaverage
- loan vs the association's annual income
- Cash buffergood
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time · professional manager
Building
- Storeys
- 3
- Construction
- brick
- Flats
- 18
- Lift
- no
- Renovated
- 2023
Works on the building
per the building register's energy certificate
per the building register
- A
- BBvalid until 05.02.2035
- C
- DD2020
- E
- F
- G
- H
Compared with similar buildings: Kehtna vald (72 associations).
Finances by year
Loan principal repayment is an estimated €0.52 per m² of flat space a month, about €26 a month for a 50 m² flat (interest not included) — about average for associations repaying a loan. The median is €0.52 in Estonia.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €447,174 | €23,775 | €11,266 | €40,765 | €730 |
| 2024 | €457,181 | €22,578 | €15,390 | €40,033 | €1,252 |
| 2023 | €464,348 | €13,626 | €4,294 | €56,881 | €1,285 |
| 2022 | €467,342 | €226,968 | €18,908 | €55,161 | €900 |
| 2021 | €0 | €40,274 | €44,619 | €11,551 | €1,248 |
| 2020 | €0 | €32,134 | €36,472 | €23,718 | €1,178 |
| 2019 | €0 | €36,185 | €38,079 | €7,167 | €1,248 |
Compared with similar buildings (Kehtna vald; 72 associations), long-term liabilities per m² of flat space are higher than 99% of them. The median for buildings with a loan is €43/m².
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
What is your flat worth?
An estimate for a flat at Pärnu mnt 12 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Pärnu mnt 8Lelle alevik, Pärnu mnt 61993 · 10 flats | €0 | €60,052 | 2025 |
| D | Pärnu mnt 10Lelle alevik1993 · 12 flats | €21,638 | €13,054 | 2025 |
| C | Pärnu mnt 6aLelle alevik1993 · 12 flats | €0 | €64,578 | 2025 |
| E | Tööstuse tn 10Lelle alevik1993 · 7 flats | €25,226 | €25,062 | 2025 |
| – | Jaama tn 2aLelle alevik2002 · 3 flats | no reports | ||
| – | Jaama tn 5Lelle alevik2002 · 3 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €447,174 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 €11,266.
Who is on the association's board?
According to the business register, the association is run by MGK Kinnisvarahaldus OÜ.
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.