Property Manager (Apartment Community)

Monarch Investment • Rapid City, SD

2d • Onsite

About The Position

Apartment Property Manager | Immediate Opportunity! Prairie Tree Apartments | Elm Avenue | Rapid City, SD $ 55K - $58K Annually DOE + Quarterly Bonus Opportunities 🌟 Lead a Beautiful Apartment Community with a Company That Invests in Your Success! Monarch Investment & Management Group is continuing to grow in South Dakota, and we're looking for an experienced Apartment Property Manager to lead Prairie Tree Apartments , a well-maintained 95-unit apartment community conveniently located on Elm Avenue in Rapid City. If you're passionate about building strong teams, creating exceptional resident experiences, driving occupancy, and delivering outstanding financial results, we'd love to meet you! This is an exciting opportunity to take ownership of a community while joining one of the nation's most respected and fastest-growing multifamily companies. 🚀 Why Join Monarch : Founded in 1992, Monarch Investment & Management Group has grown into the 10th largest multifamily owner in the United States , proudly managing 80,000+ apartment homes across 25 states. We're privately owned, financially strong, and committed to long-term success—not only for our communities, but for our employees. Our people-first culture, hands-on leadership, and commitment to promoting from within have helped make Monarch one of the most respected names in the apartment industry. If you're looking for stability, career growth, and a company where your leadership truly makes an impact, you've found it. 🏠 What You'll Be Doing : As the Property Manager at Prairie Tree Apartments , you'll oversee the daily operations and overall success of this 95-unit community on Elm Avenue , ensuring an outstanding living experience for residents while driving strong operational and financial performance.

Requirements

• 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

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.

Benefits

• $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
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: High school or GED