Asset Manager - Self Storage - Hybrid - Memphis, TN

Absolute Storage Management-posted 9 months ago
Full-time • Mid Level
Hybrid • Memphis, TN
Real Estate
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Reporting to the designated Investment Partner(s), the Asset Manager will be responsible for performance management and data analysis of the ASI portfolio, to include semiannual property visits, budgeting, KPI's, and coordination of meetings and property reviews. Additionally, the Asset Manager will serve as the liaison between Absolute Storage Management (ASM) Operations and Accounting departments, coordinate capital expenditure projects for the portfolio and utilize high level thinking to maximize the value of the self-storage assets. The right candidate will be able to work in the home office located in Cordova, TN four days per week and travel up to 30%.

  • Conduct visits every six months to assess operations, curb appeal, maintenance, capital expenditure needs, and market competition.
  • Prepare annual ASI portfolio budgets in Excel and coordinate budget meetings with ASM supervisors.
  • Complete quarterly distribution calculations and investor letters.
  • Participate in weekly ASI meetings to address property-specific issues.
  • Negotiate and renew commercial leases, acting as a liaison between lessees and ASM operations.
  • Lead bi-weekly financial property reviews, document key points, and ensure follow-up on action items.
  • Compile and analyze monthly property KPIs, highlighting trends and concerns.
  • Oversee CapEx projects, coordinate tasks, gather bids, ensure job completion, and manage vendor payments.
  • Apply high-level analysis to optimize asset value and provide strategic recommendations.
  • The ability to travel by car or airplane up to 30%.
  • Proficient in Microsoft Excel.
  • Proficient in Microsoft Word.
  • Proficient with Web Browsers.
  • Basic understanding of AI tools and their capabilities.
  • Basic understanding of business intelligence software.
  • Strong analytical capabilities with the ability to recognize key performance metrics and trends.
  • Strong communication skills including the ability to communicate professionally and at appropriate times with operations, vendors and ASI supervisors.
  • Experience and in-depth knowledge of finance and debt.
  • Detail oriented and highly organized.
  • Skilled in negotiating and project management.
  • Excellent critical thinking skills.
  • Bachelor's degree in real estate, finance, accounting, economics, business management or related field preferred.
  • Several years' experience in asset management, financial analysis, multi-unit operations or related field preferred.
  • Cell phone & Internet reimbursement.
  • Mileage reimbursement.
  • Education reimbursement.
  • 401(k) with 4.5% company match.
  • Health/Dental/Vision/Life Insurance.
  • Paid vacation, sick time, flex holiday and company holidays.
  • Discount on storage units and retail items.
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