Property Manager (Apartment Community)

Rapid City, SD

$55K/yr – $58K/yrFull time

Posted 2 weeks ago

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Job Description

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.
Your 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.
What We're Looking For:
  • 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
Compensation & Benefits:
  • $55K - $58K 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 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
At Monarch, we believe great communities start with great people. If you're ready to take the next step in your property management career with a company that recognizes your leadership and rewards your success, we'd love to hear from you!
We are actively interviewing and this opportunity won't stay open for long. Apply today and discover why thousands of associates have chosen to build long-term careers with Monarch Investment & Management Group!
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
Apply Today — Let's Talk!
Monarch Investment and Management Group logo

Monarch Investment and Management Group

Monarch Investment and Management Group ("Monarch") specializes in the acquisition and management of income-producing real estate, particularly multi-family apartment communities. Through these real estate investment vehicles, we provide investors with the opportunity for quarterly income as well as an excellent long-term return on investment.Unlike investment brokers or REITs (Real Estate Investment Trusts), Monarch remains part of the process all the way through conclusion. The same people who approve the project are the ones who are actively involved in managing the property every day. We are personally invested and highly committed to the success of the project at every phase.It is this unique and continuous involvement that separates Monarch from the competition and drives superior returns for our investors. Our Mission:Monarch’s mission is to be a leader in multi-family company in the industry. Our processes and people set us apart, in an effort to deliver superior results to all stakeholders. (Residents, staff and investors) Our Vision:Monarch Investment and Management Group strives to be the best multi-family company in the industry. We achieve our goal by hiring dedicated team members, well-suited for their individual positions, who take pride in their work and in their co-workers.MIMG self-manages by providing in-house property management, maintenance, accounting, marketing, and legal services. We work daily to maintain and improve the rental experience in a cost effective manner. Our integrity in achieving the best value for our residents’ money, also adds value to our investment and superior returns to our investors.We wish to acknowledge our entire staff. The way team members perform their duties reflects on themselves and the company as a whole.

Founded in 1992
Franktown, Colorado, USA
1K employees (36 in marketing)