A Reserve Study is a budgeting tool typically used by homeowner associations, condominiums, and other communities. This long-term evaluation of the property identifies the current condition of the property’s assets and systems and estimates when major repairs and replacements will be necessary. To schedule your Facility Condition Assessment, call Parthenon at (877) 218-1010 or request more information.
Reserve Study
This study includes estimated cost projections for the repairs and replacements allowing the community to reserve sufficient funds for when the anticipated expenditures actually occur. The cost forecasts typically include a 20-year period; however, shorter or longer periods can be used to suit a client’s specific needs.
Professionally Trained Inspectors
The team at Parthenon is professionally trained to the guidelines established by the American Standard for Testing and Material (ASTM), and completes extensive continuing education every year. Our inspectors possess superior communication skills and exceptional technical abilities, positioning them as the ideal third party to review the construction work in progress. In addition to Reserve Studies, we also offer Energy Audits, Phase I Environmental Site Assessments, and more.
- Continuing education each year
- Superior communication skills
- Exceptional technical abilities
- Adhere to ASTM guidelines
Types of Properties We Inspect
Parthenon conducts commercial property inspections for a variety of structure types, including:
- Retail centers
- Institutional buildings
- Religious buildings
- Multi-unit residential housing
- Industrial buildings
- Warehouses
- Office buildings
Detailed Inspections and Overview Reporting
Parthenon is headquartered in the Indianapolis area, and serves all of Indiana, the Midwest, and beyond. Request more information online now, or call (877) 218-1010 to speak with an expert.