Loggatan 2A

Assisted living under construction with great potential for financial upside. In total, the residence consists of 52 (2773 sqm) apartments, of which 20 of the apartments (983 sqm) are completely newly renovated to a very high standard. The total rental value upon completion amounts to 6 293 107. The County Administrative Board has granted support of approximately 6.8 million to whoever completes the assisted living facility. In addition to the living area, there are large common areas such as a gym, community rooms, an orangery, a pétanque court and a sauna. The idea is that the elderly will socialize fully at the residence. The ancillary areas in the property are estimated at approximately 3000 sqm. All 32 remaining apartments have been vacated and are ready for the renovation to begin. Sold in AB. Contact Lejon for further information about the process.

Financials:

Income 2023:

2 259 889 (20 apartments of 983 sqm) (2024-07-01)

Valuation 2024-02-20 upon completion:

6 293 107 (2270 kr/sqm/year)

DOU:

1 247 850 (450 kr/sqm/year)

Net operating income:

5 045 257 (1819 kr/sqm/year)

Yield:

6.25 %

80 724 112

Operating costs 2023:

Electricity: 319 500

Heating: 255 215

Water: 71 881

Waste management: 2 392

Insurance: 47 484

Telia Broadband: 52 800

Elevator: 15 464

Total: 717 252 excluding maintenance

Net operating income excluding maintenance:

1 542 637

The buildings were constructed in 1969 and are built in 1-2 floors above ground as well as a basement/ground-floor level.

Foundation Cast basement foundation

Frame Concrete

Floor slabs Concrete

Facade material Brick

Roof Felt/metal sheet

Windows Triple-glazed/double-glazed

Heating District heating Heating system Waterborne radiators

Ventilation FTX

Waste management Waste room in the yard

Elevators Yes

Sprinkler Yes

Parking Around 60 outdoor parking spaces

Bike room Space in the yard and in the basement

Average apartment size:

53 sqm

Property designation:

ASKERSUND NORRA BERGEN 6

Assessment:

Special unit, care building, type code 823

Assessed value: 0 (2019)

Number of mortgages: 5, Total: 24 350 000

Land area: 6 228 sqm

Energy declaration

Energy class: E

Inspection carried out:

2019-11-21

Energy performance:

151 kWh/m2 and year

EDEN is a new way of living – an assisted living facility in central Askersund. You choose to live a little smaller and share a little more with others. +65 is the age that must be reached to live with us, and here you will be able to spend time with loved ones.

5 youth apartments will be built, and you can have an exchange with the young people during the weeks.

On weekends there is a gym and pétanque courts, or why not sit in our lovely orangery.

Here you do not need to think about cleaning or calculate electricity costs. Everything is included in the rent.