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Fagerborgkvartalet in Lillestrom

Name: Sales in Fagerborgkvartalet started!
Start: 2022-01-28T07:28:59.189269+00:00
End: 2023-12-31T23:59:59+0000
Location: Fagerborgkvartalet

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Project info

Object ID: 17597

Finished at	December 2022
Price, m²	From 10935$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 47.00 m²
Floors	8
Apartments	145
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

513,945$

Net profit

6,783$

Payback period

56.9 years

Avg property value increase per year

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About the project

Housing worth it

to wait!

The apartments are for you who want to live centrally, but still in a distinct residential area. There will be beautiful balconies or terraces for all the homes, in addition to a beautiful inner atrium and very large communal roof terrace overlooking large parts of the city.

The apartments

The Fagerborg quarter is built around a pleasant and inviting atrium and will consist of 145 modern, easy-care and functional apartments with variation in both size and design. All homes have a balcony, of which the largest apartments get extra deep and spacious balconies or private roof terraces. The largest homes also have several bathrooms, a separate laundry room and / or guest toilet, and several apartments have up to 3.15 meters ceiling height.

The project

On the ground floor, there are smaller business premises, where we are looking for good tenants who can contribute to a vibrant environment in and around the quarter.

The project is built on a owned plot, and is organized as 1 joint ownership. Exterior sidewalks and squares are taken over and maintained by the municipality, while the common backyard and roof terraces become the common area of the condominium.

Developer

Details about Axer eiendom

Hotline

+1 855 588 8066

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Fagerborgkvartalet on the map of Lillestrom

Storgata 37, 2000 Lillestrøm, Norge

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