Apartment association · Tartu linn

Ülikooli tn 5 apartment association

Tartu linn, Ülikooli tn 5 korteriühistu (registry code 80207596) manages a 3-storey brick building built in 1900 with 2 flats. According to its 2025 annual report, the association's long-term liabilities were €27,478 (€97 per m² of flat space) and it held €26,078 in cash.

Board

  • EAErlend Aavboard member8 years 1 month
B
Association grade
B · good
Tartu linn: ranked 649 of 1,460 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash next to the loan, 3-year average
Managementaverage
reports filed on time

Building

Built
1900
Storeys
3
Construction
brick
Flats
2
Lift
no
Heating
district heating
Long-term liabilities
€27,478
as of 31.12.2025
Liabilities per m²
€97
similar buildings with a loan €72
Cash
€26,078
€92/m² · similar €14/m²
Income per m² a month
€3.99
similar buildings €1.28

Compared with similar buildings: Tartu linn, built 1895–1905 (24 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²201971 €/m²202086 €/m²2021102 €/m²2022119 €/m²2023110 €/m²202497 €/m²2025

Loan principal repayment is an estimated €0.93 per m² of flat space a month, about €47 a month for a 50 m² flat (interest not included) — more than 84% of associations repaying a loan. The median is €0.52 in Estonia and €0.66 in Tartu linn. At the current pace the loan will be repaid around 2034.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€27,478€4,082€26,078€13,524€0
2024€31,110€3,710€26,061€12,890€0
2023€33,782€4,694€26,194€4,906€0
2022€28,878€5,240€24,221€5,048€0
2021€24,245€5,344€16,864€5,652€0
2020€19,940€3,104€12,722€8,098€0
2019€0€22,127€13,107€6,817€0

Compared with similar buildings (Tartu linn, built 1895–1905; 24 associations), long-term liabilities per m² of flat space are higher than 79% of them. The median for buildings with a loan is €72/m².

Flats in this building

1 flat was offered for rent at €440 a month.

Estate agents in Kesklinn · Flat prices in Kesklinn

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Vanemuise tn 121935 · 4 flatsno reports
CW. Struve tn 31964 · 41 flats€0€29,0012025
DRiia tn 31963 · 21 flats€0€45,6962025
CAkadeemia tn 51958 · 9 flats€0€24,6342025
BW. Struve tn 8a1968 · 21 flats€93,444€120,5092025
–W. Struve tn 3a2008no reports
DW. Struve tn 51962 · 45 flats€25,077€48,8762025
–Akadeemia tn 1b/7 // W. Struve tn 5a/132004no reports

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €27,478 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 €26,078.

When was the building built?

According to the building register, it was first used in 1900 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Erlend Aav (board since 14.09.2018).

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.