Property Manager at Targa Real Estate Services Inc. – Federal Way, Washington

Job Title: Property Manager

Location: Narrows Pointe Apartments, North Tacoma
Property Type: Older, well-maintained Class C apartment community
Unit Count: 90
Reports To: Regional / Asset Manager
Supervises: 1 Maintenance Technician (existing employee)

About the Role

We are seeking an experienced, hands-on Property Manager to lead day-to-day operations of a well-kept but operationally challenged Class C property in an excellent North Tacoma location. The ideal candidate has deep knowledge of City of Tacoma landlord-tenant and eviction laws, is confident managing difficult tenant situations, and has a proven ability to stabilize occupancy, control delinquency, and improve overall property performance.

This role requires strong operational discipline, attention to detail, and a proactive mindset focused on unit turns, financial accountability, tenant relations, and identifying capital improvements that will attract and retain higher-quality residents.

Key Responsibilities

Property Operations & Performance

• Oversee all daily operations of the property with a focus on occupancy stabilization and revenue optimization
• Develop and execute strategies to reduce vacancy and delinquency
• Manage challenging tenant situations professionally and in full compliance with Tacoma and Washington State laws
• Handle notices, compliance documentation, and eviction processes from start to finish

Leasing & Resident Relations

• Manage leasing activity to attract qualified tenants aligned with the property’s long-term goals
• Enforce lease terms, house rules, and property policies consistently and fairly
• Address resident concerns, disputes, and behavioral issues promptly and professionally

Financial Management

• Prepare and review monthly financial reports, including rent rolls, delinquency reports, and variance explanations
• Monitor rent collections and proactively address past-due accounts
• Assist with annual budgeting and ongoing expense control

Unit Turns & Maintenance Oversight

• Maintain strict oversight of unit turns to ensure quality, speed, and cost control
• Conduct regular property inspections and ensure curb appeal and common areas are well maintained
• Supervise and support one on-site Maintenance Technician, including task prioritization and performance oversight
• Coordinate with vendors and contractors as needed

Capital Projects & Asset Improvement

• Identify capital improvement opportunities that enhance marketability and tenant quality
• Provide recommendations on unit upgrades, exterior improvements, and operational efficiencies
• Assist with planning and execution of approved capital projects

Qualifications

Ideal Candidate Profile

Compensation and Benefits

• $80,000-$90,000/year DOE
• Medical, dental, and vision insurance
• 401(k) with company match
• Two weeks annual vacation, 1-week sick leave and 10 paid holidays
• Opportunities for professional development and advancement within a growing company

About Targa Real Estate

Targa Real Estate Services is a family owned, full-service property management company providing high-quality management, accounting, and operational support for owners of multifamily, self-storage, commercial, single family, and HOA communities. Our culture is built on integrity, accountability, and collaboration, with a focus on empowering our teams and delivering exceptional service to our clients and residents.