What are the responsibilities and job description for the Property Manager position at NM Residential?
NM Residential is seeking an experienced and motivated Property Manager to join our team at University Studios Apartments in Cleveland, Ohio.
This individual will oversee the day-to-day leasing and property operations, including budgeting, resident relations, employee management, rent collection, and overall property performance.
Key Responsibilities
- Oversee daily property operations and ensure profitability and efficiency within the approved annual operating budget and company directives
- Manage leasing activities, rent collection, and authorize corrective and/or legal action as needed
- Follow up on all legal actions and ensure appropriate documentation
- Review financial statements and work with onsite staff to identify issues and implement corrective measures
- Review and oversee contracts, purchases, and approve invoices for payment
- Support marketing strategies and maintain records of advertising efforts
- Conduct regular property inspections to ensure high standards for building conditions, grounds, and unit turnover
- Monitor office procedures, organization, and operational workflows
- Ensure housing practices comply with all required inspections, permits, and licenses
- Monitor and address property safety concerns
- Coordinate regional or national purchasing/service opportunities
- Hire, train, supervise, and support all onsite staff to ensure high performance
- Evaluate performance of administrative and maintenance staff and make recommendations for promotions, salary increases, or terminations
- Monitor rental activity and market conditions; recommend adjustments to pricing and marketing strategies
- Communicate with residents to ensure compliance with property rules and regulations
- Ensure onsite staff provides excellent customer service to residents and prospective residents
- Handle disciplinary actions with proper documentation
- Perform any additional tasks assigned by management
Qualifications
Education:
- High school diploma or GED (required)
- College degree (preferred)
Experience:
- Minimum of 3 years of Property Management experience
- Minimum of 5 years of apartment leasing, sales, or marketing experience
Skills and Abilities:
- Strong analytical, organizational, and communication skills
- Detail-oriented with the ability to manage multiple tasks and projects simultaneously
- Ability to respond effectively to the needs of residents, contractors, and employees
- Ability to direct and analyze both physical and financial operations of the property
- Ability to supervise, train, coach, and motivate a large administrative and maintenance staff
- Familiarity with budgets, accounts payable/receivable, delinquencies, collections, and financial reporting
- Strong leadership abilities with the capacity to work independently and as part of a team
Employee Benefits
- 401(k)
- Dental Insurance
- Employee Assistance Program
- Medical Insurance
- Health Savings Account
- Life Insurance
- Paid Time Off
- Professional Development Assistance
- Vision Insurance
Salary : $50,000