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Of prime importance to every condominium owner and buyer is the financial condition of the condominium associations. Poor management can lead to drastic special assessments or a deterioration of the property. But good management (like that found at Montebello) can preserve the community's prestige, quality of life and infrastructure.
Montebello's 2010 annual budget forecasts an operating income that
rivals some small towns and rural counties. This budget of almost six
million dollars is largely dedicated to current operating expenses such as regular maintenance and certain utilities.
In addition to current needs, Montebello will deposit over two million dollars in a reserve fund.
The reserve fund is set aside to pay for long term capital items
replacement and maintenance. Owners at Montebello can rest easy knowing that there is money set-aside for a new roof or new windows and doors when the need arises.  Montebello's owner fees are some
of the lowest in the Washington metropolitan area and range and are based on percentage ownership interest per
unit.
The owners' fees pay for
- water, sewer,
- security,
- extra storage,
- maintenance for the buildings, common areas, and grounds,
- recreational facilities including
- a bowling alley,
- picnic areas,
- trails,
- playground,
- exercise room,
- party room,
- indoor and outdoor pool,
- rec-center,
- sauna,
- tennis courts,
- gated community.
Montebello features indoor and outdoor resort style swimming pools, exercise facilities, a bowling alley, club room, convenience store, card room, billiard tables and more.
Each unit features a balcony (often enclosed in sliding glass doors) and in-unit washer and dryer. Step up to Montebello.
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