What are the responsibilities and job description for the Property Manager (Apartment) position at Monarch Investment and Management Group?
Apartment Property Manager
Rapid City, SD | $60,000 Annually DOE
Monarch Investment & Management Group is growing, and we're excited to bring our award-winning culture and industry-leading operations to South Dakota!
Are you an experienced Apartment Property Manager who thrives on leading teams, maximizing occupancy, delivering exceptional resident experiences, and driving financial success? If that sounds like you – This is the opportunity you’ve been waiting for as we are actively interviewing for an experienced Property Manager in support Canyon Lake Apartments, a 109 unit property and Pointe West Apartments, a 90 Unit property.
Why Monarch: Founded in 1992, Monarch Investment & Management Group has grown into the 10th largest multifamily owner in the United States, operating more than 80,000 apartment communities across 25 states. Unlike many competitors, we are privately owned and take a long-term approach to investing, operations, and employee development. Our continued growth, financial strength, and people-first culture create real opportunities for career advancement and professional success.
What You'll Do: As the Property Manager, you'll oversee every aspect of community operations, including financial performance, resident satisfaction, team leadership, leasing, maintenance, compliance, and overall property success.
Your responsibilities:
- Lead and develop a successful onsite team while fostering a positive workplace culture.
- Drive occupancy, leasing, renewals, and resident retention.
- Maximize property revenue while controlling operating expenses.
- Manage delinquency, collections, and overall financial performance.
- Review budgets and recommend strategies to increase Net Operating Income (NOI).
- Ensure exceptional customer service and timely resolution of resident concerns.
- Partner with the maintenance team to ensure work orders, turns, inspections, and preventative maintenance are completed efficiently.
- Oversee vendor relationships and approve invoices for timely payment.
- Ensure marketing, pricing, and online listings remain accurate and competitive.
- Maintain complete compliance with Fair Housing regulations, company policies, and all federal, state, and local laws.
- Complete reporting, lease documentation, budgeting, and administrative responsibilities accurately and on time.
- Coach, mentor, and develop Assistant Property Managers and other team members for future growth opportunities.
What We're Looking For:
- High school diploma or equivalent
- 2 years of multifamily property management experience
- Previous leadership or supervisory experience preferred
- Experience with Yardi or similar property management software
- Strong understanding of Fair Housing and landlord-tenant regulations
- Experience managing budgets, collections, leasing, and property operations
- Excellent leadership, communication, organization, and problem-solving skills
- Ability to prioritize multiple responsibilities while maintaining exceptional attention to detail
- Customer-focused mindset with a passion for creating outstanding resident experiences
Compensation & Benefits:
- $60,000 Annually DOE
- $1500 Quarterly Property Performance Bonus
- Monthly Delinquency Bonus
- 401(k) retirement plan with up to $4,000 annual company match
- Paid training and professional development programs
- Tuition reimbursement program
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Paid Time Off:
- 80 hours during Year 1
- 120 hours during Years 2–4
- 160 hours after 5 years
- 8 paid holidays plus 2 paid half-day holidays or work anniversary off
- 3-week paid sabbatical every 5 years or stay bonus option
- Blue Cross medical insurance starting under $50/month for employees
- FREE dental and basic life insurance
- Vision and voluntary benefits available for family members
- Employees are eligible for 20% off rent at any Monarch community, terms and conditions apply
- Employee referral bonuses ranging from $500–$1,000
- Employee discounts through major retailers and services
Monarch Investment and Management Group is an Equal Opportunity Employer
Employment is contingent upon successful completion of a criminal background check, drug screening, and credit review
Apply Today - Let's Talk!
Benefits:
Health Insurance, Vacation & Paid Time Off, 401K PlanSalary : $4,000 - $60,000