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Area Property Manager (Apartment) in Rapid City, South Dakota at Monarch Investment and Management Group

NewSalary: $65000 - $72000Industry: Real Estate/Property ManagementJob Function: Facilities
Monarch Investment and Management Group
Rapid City, South Dakota, 57701, United States
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Job Description

Position Title: Area Property Manager (Apartment)

Description
Area Property Manager
Rapid City, SD | $65,000 - $70,000 Annually DOE
Monarch Investment & Management Group is growing, and we're excited to bring our award-winning culture and industry-leading operations to South Dakota!
We're actively seeking an experienced Property Manager, Community Manager, or Multifamily Leader to join our team as an Area Property Manager in Rapid City, SD. This is an outstanding opportunity for a driven housing professional who thrives on leading teams, maximizing property performance, delivering exceptional resident experiences, and developing future leaders.
If you're looking for more than just another property management job and want to be part of a company that promotes from within, invests in its people, and continues to grow nationwide, we'd love to talk with you.
Why Monarch: Founded in 1992, Monarch Investment & Management Group has grown into the 10th largest multifamily owner in the United States, operating more than 80,000 apartment communities across 25 states.
Unlike many competitors, we are privately owned and take a long-term approach to investing, operations, and employee development. Our continued growth, financial strength, and people-first culture create real opportunities for career advancement and professional success.
What You'll Do: As an Area Property Manager, you'll be responsible for the overall financial, operational, and physical performance of your assigned community while mentoring and supporting other Property Managers within the region.
Key Responsibilities:
Property Operations & Financial Performance:
  • Drive occupancy, leasing, renewal, and collection goals
  • Manage property budgets and maximize net operating income
  • Identify opportunities to increase revenue and control expenses
  • Review financial performance and implement action plans as needed
Team Leadership & Development:
  • Lead, coach, and develop on-site teams
  • Mentor Property Managers and Assistant Property Managers
  • Conduct training, performance reviews, and team meetings
  • Foster a positive, accountable, and high-performing culture
Resident Experience:
  • Deliver exceptional customer service and resident satisfaction
  • Resolve resident concerns professionally and promptly
  • Support resident retention through engagement and relationship-building
  • Ensure maintenance requests are completed accurately and on time
Compliance & Administration:
  • Ensure compliance with Fair Housing and all applicable laws
  • Maintain accurate property records, leases, reports, and documentation
  • Review marketing efforts to ensure maximum effectiveness
  • Partner with regional leadership to achieve operational goals
What We're Looking For:
  • 5+ years of multifamily property management experience
  • Proven experience leading and developing teams
  • Strong understanding of leasing, collections, budgeting, and resident relations
  • Experience with Yardi or similar property management software
  • Working knowledge of Fair Housing and multifamily regulations
  • Exceptional leadership, communication, and problem-solving skills
  • Ability to manage multiple priorities while maintaining attention to detail
Compensation & Benefits:
  • $65K - $72K Annually DOE
  • $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 24
    • 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
Monarch Investment and Management Group is an Equal Opportunity Employer
Employment is contingent upon successful completion of a criminal background check, drug screening, and credit review

Job Location

Rapid City, South Dakota, 57701, United States

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