Five-year reserve planning My HOA Budget

Phoenix, Arizona condo association

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Portland on the Park

Portland on the Park is a condo association in Phoenix, Arizona. This profile tracks 149 units, built in 2016, managed by FirstService Residential, reserve study status not yet verified, along with amenities, reserve...

condo Public records Reserve health: No study on record Browse Phoenix communities Arizona reserve laws

Profile 56% complete — board members can fill in the rest

HOA dues, reserve study, and community facts

Units 149
Year built 2016
Monthly dues —
Reserve health Check my risk
Management FirstService Residential

Amenities

SpaConciergeGymGatedPool

Board and management

No board listed — who's managing your dues?

Board member? Claim this page

Reserve study and funding

Portland on the Park has no reserve study on record. Without one, there's no way to know if dues cover what's coming.

Check what's missing

5-year outlook

Will you get hit with a special assessment?

Special assessments can run into thousands per unit when major work outruns reserves. We model that risk for Portland on the Park based on reserve health, building age, and Arizona requirements — so you see it coming before the board votes.

Special assessment risk Planned dues increases Reserve shortfall forecast
I am a...

Values used: scaled defaults where community data is unknown — starting reserve (scaled from unit count at $15k/unit); annual revenue (scaled from unit count at $5k/unit/yr); annual opex (scaled from revenue at 84%).

Try it on a typical condo

A mid-size urban condo, five years out

Starting reserve $1.5M · $500K/yr dues revenue · $420K/yr operating expenses · $1.5M of reserve-study capital work over five years. Switch on the levers your board actually controls and watch where the reserve lands.

5-year ending reserve$1.53MPlan is healthy
$0HEALTHY TARGET · $1.0M202620272028202920302031$1.5M
Annual dues increase+5% compounding · $745K/yr → $951K/yr by 2031
5%
Operating expense growth+4% YoY · insurance, vendors, utilities · $626K/yr → $761K/yr by 2031
4%
Board member next stepTurn this scenario into a board-ready next step.

Send the reserve-planning context and keep the follow-up focused on board decisions.

Plan our next five years

About Portland on the Park

Portland on the Park is a condo community in Phoenix, Arizona, built in 2016.

What we verified

  • Association management evidence: FirstService Residential announced it assumed community management for Portland on the Park on August 1, 2019.
  • Community scale: the same release describes Portland on the Park as a 14-story high-rise with 149 units.
  • Year built: 2016
  • Amenities: spa, concierge, gym, gated, pool

This source does not verify current monthly dues, current board membership, reserve balances, special assessments, or resale-packet details.

Reserve health

Reserve health hasn’t been verified for Portland on the Park yet. Before you approve a budget, pay a special assessment, or close on a unit here, Arizona law defines exactly what reserve records a community association must keep and what owners can request — see Arizona HOA reserve funding rules.

This doesn’t mean the reserves are weak; it means the documents haven’t been reviewed.

What’s still missing

  • Current board roster
  • Current management contract or association contact
  • Current dues and resale disclosure packet
  • Reserve study date and reserve balance
  • Special assessment history
  • Community photos

For board members

If you serve on this board, you can claim this page to add accurate reserve data, board roster, and community photos.

Arizona laws that apply here

Reserve funding

Arizona HOA reserve disclosure rules, in plain language

How Arizona's planned-community and condominium statutes handle reserves through resale disclosure, not a statewide reserve-funding formula, and what that means for a board, owner, or buyer checking a real community.

Arizona Legislature, A.R.S. § 33-1806 and § 33-1260 — resale disclosure reserve items

Is this your community?

Board members and property managers can claim this page to add photos, amenities, board roster, and reserve details. Make Portland on the Park look as good online as it does in person.

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Next step

Need documents from Portland on the Park?

We can help you request reserve studies, budgets, and meeting minutes. Pick the option that fits.

I own here — request documents I'm buying — request documents