Demo

Assistant Property Manager

512Financial
Minneapolis, MN Full Time
POSTED ON 6/23/2026 CLOSED ON 7/16/2026

What are the responsibilities and job description for the Assistant Property Manager position at 512Financial?

Do you thrive in a fast-paced environment where no two days look the same? Are you someone who enjoys leading people, solving problems, driving leasing results, and keeping operations running at a high level? If you have student housing or multifamily experience and are ready for a bigger opportunity with real impact, this could be the next step you’ve been waiting for.

We are seeking a high-impact Assistant Property Manager to help lead operations, drive leasing success, elevate the resident experience, and support the continued performance of a premier student housing community near the University of Minnesota.

This is more than a traditional assistant role. You’ll serve as the second-in-command onsite, partnering closely with the General Manager and stepping in as acting leader when needed. We’re looking for a hands-on professional who thrives in a fast-paced environment and knows how to balance people leadership, financial discipline, leasing strategy, and customer experience.

Why This Role Matters:

The Assistant Property Manager is central to the success of the community. You’ll help shape culture, maximize occupancy, improve financial performance, and ensure residents have an exceptional place to live during one of the most important times in their lives.

If you’re energized by ownership, accountability, and making an impact, this could be the opportunity you’ve been looking for.

What You’ll Do:

Leadership & Team Development:

  • Support and help lead the onsite team across leasing, operations, and resident services
  • Build trust, accountability, and collaboration across departments
  • Coach team members and contribute to a high-performing culture
  • Serve as acting General Manager when needed

Financial & Operational Performance:

  • Assist with monthly variance reporting and budget analysis
  • Partner with accounting to ensure accurate financials, accruals, coding, and invoice processing
  • Track expenses including maintenance, utilities, taxes, insurance, and vendor costs
  • Help identify operational efficiencies and opportunities to improve NOI

Resident Experience & Compliance:

  • Oversee damage inspections, charges, and documentation
  • Manage final move-out and security deposit processes in compliance with applicable laws
  • Support rent collections and delinquency management with a goal of maintaining delinquency below 2%
  • Handle difficult resident conversations with professionalism and empathy
  • Ensure compliance with company policies and legal requirements

Leasing & Marketing Success:

  • Help create and execute leasing and marketing strategy
  • Conduct tours and assist with leasing efforts to drive occupancy
  • Analyze traffic, conversion ratios, objections, and lead flow
  • Maintain accurate leasing notes and account records in Entrata
  • Partner with internal and external marketing resources to maximize results

What We’re Looking For:

  • 2 years of student housing experience, ideally in **new development lease-ups**
  • Experience with at least one lease-up community of 600 beds
  • Background in the Minneapolis market or another competitive Big Ten college market preferred
  • Strong financial and operational acumen
  • Experience with Entrata or similar property management systems
  • Proven ability to lead teams, solve problems, and drive results
  • Bachelor’s degree or relevant industry credentials preferred

Why Consider This Opportunity?

This is an opportunity to help lead a flagship student housing asset in one of the country’s strongest university markets. You’ll join a team that values ownership, execution, and creating an exceptional living experience for residents.

If you’re ready for a role where your leadership truly matters, we’d love to hear from you.

Want to learn more about 512Financial? Check out our Recruitment and Talent Acquisition Page! If you have any questions, please reach out to us here: https://512financial.com/contact/

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Salary.com Estimation for Assistant Property Manager in Minneapolis, MN
$85,170 to $111,382
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