Assistant Asset Manager / In House Property Manager

Location: Denver Metro Area, Colorado

Salary: Starting at $78,000 per year, with bonus opportunities based on Net Operating Income (NOI) and other performance metrics.

Position Overview

The Assistant Asset Manager will play a critical supporting role in overseeing a multifamily real estate portfolio. Reporting directly to the Senior Asset Manager, this role is ideal for someone with strong property management experience who is ready to transition into an asset-level perspective. The candidate must be detail-oriented, financially literate, and eager to proactively manage and enhance property performance across multiple assets.

Key Responsibilities

Property Oversight & Accountability

• Support the Senior Asset Manager in ensuring property managers meet and exceed performance expectations
• Verify that property managers deliver timely, accurate reporting on:
• Property income and expenses
• Delinquency and eviction updates
• Unit turn status and market-ready units
• Rent comps and concessions (bi-weekly)
• CapEx project updates
  

Site Visits & Condition Monitoring

• Conduct monthly on-site inspections of each assigned property
• Identify and document areas for improvement, including signage, curb appeal, cleanliness, deferred maintenance, and amenity enhancements
• Capture creative solutions and cost-effective improvement ideas to elevate asset value and resident satisfaction
  
  

Financial & Market Analysis

• Assist in reviewing and interpreting:
• Profit & Loss (P&L) statements
• T12 financial reports
• Rent rolls and occupancy metrics
• Track and analyze market data to identify trends and inform leasing and investment strategies
  
  

Reporting & Communication

• Collaborate with the Senior Asset Manager on monthly and quarterly reporting for investors and ownership groups
• Help maintain accurate dashboards tracking KPIs such as:
• Occupancy and lease-up
• Delinquency collection efforts
• NOI growth
• CapEx performance and ROI
  

Operational Support

• Aid in identifying opportunities for operational efficiencies, marketing improvements, and tenant retention strategies
• Provide backup support for urgent issues and help drive creative problem-solving on the ground with site teams
  
  

Experience

Candidate Requirements

• 3–5 years of experience in multifamily property management, leasing, or asset coordination. Scattered site, and Class C Experience No corporate PM experience ( no one from a large national shop)
• Prior exposure to financial documents (P&L, rent rolls, T12s) is required
• Demonstrated ability to multitask across multiple properties or departments
  
  

Financial Acumen

• Strong analytical skills and ability to extract key metrics from financial statements
• Comfort with Excel, Google Sheets, and portfolio management software
  
  

Education & Certifications

• Bachelor’s degree in Real Estate, Business, Finance, or a related field is preferred
• Relevant certifications (e.g., ARM, CPM) are a plus but not required
  
  

Skills & Attributes

• Highly organized and proactive with excellent follow-through
• Effective communicator with strong interpersonal and cross-functional skills
• Capable of working independently and under the guidance of a senior manager
• Solution-oriented mindset with a passion for driving portfolio performance
  
  

Performance Metrics

The Assistant Asset Manager will be evaluated on:

• Timeliness and accuracy of reporting deliverables
• Contribution to NOI growth and occupancy improvements
• Insightfulness of financial and market analyses
• Communication effectiveness with property managers and senior staff
• Creative problem-solving and hands-on support of asset initiatives
  
  

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