Cape Management, in business since 1989, manages a number of condominiums and subdivisions on the Outer Banks.  We continually look for ways to save our customers money.  Our philosophy is "the better your look, the happier you will be and the longer we will be working for you".  We are service oriented and do not take the responsibility of managing your investment lightly.

Cape Management's office is located just north of the Clarion Hotel, at 1410 S. Virginia Dare Trail in Kill Devil Hills.  Our office hours are Monday through Friday 8:30-12:00 and 1:00-4:30; Saturday by appointment.  Our phones are answered 24 hours a day, 7 days a week.  When the office is not open for business, our phones are answered by our voice mail service.  In the event of an emergency, you will be advised how to reach our "Manager-on-Call" for immediate attention.  All other calls are handled on the next business day.

Cape Management handles the management of your association’s financial and community functions.  This includes collecting association dues, paying bills and providing financial information to the owners.  We secure the association’s insurance and maintain the association’s official corporate records.  We coordinate the association meetings as well as prepare and distribute minutes.  We believe in active communication with the owners and distribute information to assist in the education of various responsibilities involved with membership in a community association.  We help the owners and board decipher the association documents.  We assist the Board in adopting rules and regulations to make the association run smoother.  We are there to take care of the association’s administrative responsibilities so that you may enjoy your investment. 

Cape Management is solely owned and operated by the "Pain" family.  You will work directly with a certified association manager.  Using the parameters set out in the management contract, Cape Management will insure that your funds are being handled and invested properly.   You will receive detailed financial information throughout the year.  At the end of each year Cape Management will prepare a proposed annual budget for the following year.  Once it has been approved, your association manager will work towards holding the expenses within this budget. 

Our goal is to guide your Association toward solid financial stability. Cape Management has invested in an excellent computer program that is specially equipped to handle homeowners associations.  For your convenience, our system will allow us to automatically debit your association dues directly from your checking account. All drafts are initiated from Cape Management's office. 

Cape Management handles a variety of accounting functions including depositing all incoming checks, processing bi-weekly (approved) disbursements, balancing bank statements, mailing late letters and filing any necessary liens on delinquent accounts.  Throughout the day, Cape Management’s staff handle a multitude of tasks such as issuing work orders, providing information, answering e-mails and coordinating the many facets of our office.  In the event you have an emergency after hours, our "After Hours Contact" will find a way to help you as quickly as possible. 

Throughout the year the maintenance staff regularly inspects the property and takes care of any needed repairs.  We are believers in preventative maintenance and making sure that the property retains its value by continually keeping it in great shape.  We will suggest needed improvements, research prices and make suggestions on how to operate your property smoothly and efficiently.  We have an excellent organization of subcontractors at our disposal.  Many of our contractors work solely for Cape Management due to the quantity of business we provide.  This enables us to negotiate the best possible price for the Association.

We inspect the property regularly and ensure that all work is being completed, as it should be.  Only through active supervision can you ensure that you are getting what you pay for.

Cape Management is fully insured and maintains fidelity bond coverage of $500,000 as added protection for its clients.  We maintain $2,000,000 in liability coverage as well as a $1,000,000 Errors and Omissions policy. Our maintenance division is also fully insured, bonded and licensed with the State of North Carolina's General Contracting Board.   We spend a lot of time keeping up with new state and local regulations that change regularly.

Cape Management charges a set monthly fee for its accounting and supervisory services. Cape Management, on behalf of the Association, subcontracts other services such as general and grounds maintenance, pool maintenance and septic maintenance.  The Association pays the contractor directly without additional fees being added by Cape Management.  We feel this allows the Association to budget for the administrative end without having additional fees added to the maintenance costs.  Cape Management is available for additional services on request; prices are negotiable depending on the desired service. 

Cape Management is familiar with the needs of numerous types of property owners associations. Cape Management is able to meet all of your physical operations needs as well as provide up-to-date, accurate financial information.  As a well-established, professional firm, we offer you the competent and personal attention you desire on a level that far exceeds other management agencies on The Outer Banks. 

Home | About Cape Management | Management Services | Properties Managed
Emergency Information | About OBX | Contact Us | Links

© copyright 2007 Cape Management, Inc.