Five-year reserve planning My HOA Budget

Scottsdale, Arizona condo association

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Optima Camelview Village

Optima Camelview Village is a condo association in Scottsdale, Arizona. This profile tracks 700 units, built in 2010, managed by AAM (Associated Asset Management), reserve study status not yet verified, along with ame...

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

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

HOA dues, reserve study, and community facts

Units 700
Year built 2010
Monthly dues —
Reserve health Check my risk
Management AAM (Associated Asset Management)

Amenities

SpaConciergeGymPoolSaunaParking garage

Board and management

No board listed — who's managing your dues?

Board member? Claim this page

Reserve study and funding

Optima Camelview Village 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 Optima Camelview Village 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$12.75MPlan is healthy
$0HEALTHY TARGET · $1.0M202620272028202920302031$12.7M
Annual dues increase+5% compounding · $3.50M/yr → $4.47M/yr by 2031
5%
Operating expense growth+4% YoY · insurance, vendors, utilities · $2.94M/yr → $3.58M/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 Optima Camelview Village

Optima Camelview Village is a condominium community in Scottsdale, Arizona. Optima’s project page describes it as a 700-unit mixed-use development made of eleven terraced, bridge-linked buildings, completed in 2010.

The City of Scottsdale green-building project sheet also describes Camelview Village as a 700-unit, 11-building residential project north of Scottsdale Fashion Square with vegetated green roofs and terraces. Those sources support the project scale and design facts; they do not verify reserve balances or current assessments.

HOA contact and documents

The public Optima Camelview Village HOA site lists a community management office at 7147 East Rancho Vista Drive, Suite B9, Scottsdale, Arizona 85251, with community management reachable at 480-245-7560. Its dues page names the payee as Optima Camelview Village Condominium Association and routes customer service through AAM.

What we know

  • Unit count: 700
  • Buildings: 11 terraced, bridge-linked buildings
  • Completed: 2010; individual building records may vary
  • HOA payee name: Optima Camelview Village Condominium Association
  • Management contact: AAM / Associated Asset Management through the Optima Camelview Village HOA site
  • Amenities from official project and HOA sources: pools, fitness center, spa/sauna, concierge, and underground parking

Before buying here

Ask for the resale disclosure packet, current budget, most recent reserve study, insurance summary, and meeting minutes before you waive contingencies. Start with Arizona resale disclosure rules and request Optima Camelview Village documents.

Reserve health

Reserve health hasn’t been verified for Optima Camelview Village yet. Before you approve a budget, pay a special assessment, or close on a unit here, Arizona law defines what reserve records a condominium 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

  • Board roster
  • Current assessment schedule
  • 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 Optima Camelview Village look as good online as it does in person.

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Next step

Need documents from Optima Camelview Village?

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