What are the responsibilities and job description for the Property Manager position at Coastal Ridge Real Estate?
What You'll Do :
As a Property Manager, you will lead the overall operations of your community, ensuring exceptional service delivery to residents and achieving the property's financial and operational goals. You will foster a positive and collaborative work environment, provide guidance to your team, and champion our core principles to create a thriving community. This is a full-time, exempt position reporting to the Regional Manager.
Where You'll Work :
This 516-unit conventional apartment community is located in the dynamic Germantown / Cordova neighborhood within the Memphis metro area, with direct access to Shelby Farms Park-one of Memphis's finest parks. The 1-, 2-, and 3-bedroom apartment homes feature spacious floorplans, designer hardware and lighting package, granite countertops, gas fireplace, and private patio. Community amenities include a resort-style pool; outdoor stone fireplace; cardio / strength center; lighted tennis court; and pet spa with washing stations, dryer and grooming table.
What You'll Own :
- Drive the financial success of the property by achieving monthly, quarterly, and annual goals, maximizing net operating income through effective revenue improvement strategies and cost management.
- Lead and participate in all aspects of leasing production, including administration, marketing, and maintaining competitive market knowledge to maximize rental income and ensure budgeted occupancy levels.
- Oversee and participate in all aspects of timely rent collection, manage delinquency rates, and adhere to landlord / resident laws, including executing necessary legal actions.
- Cultivate and support a high-performing team by training, mentoring, and holding team members accountable for their roles and responsibilities while fostering a positive and engaging work environment.
- Recruit, hire, and develop team members, addressing performance concerns and maintaining team alignment with company policies and goals.
- Deliver superior service to residents by monitoring service request completion, maintaining aesthetic standards, and proactively addressing resident concerns to enhance retention.
- Manage operational reporting requirements, ensuring accuracy and timely submission of all regular and ad-hoc reports.
- Identify and communicate both operational and financial risks to corporate management and collaborate to effectively establish corrective action plans, as needed.
- Serve as the primary point of contact between the corporate office and property and interact with investors as necessary.
- Promote and model adaptability, encouraging innovation and solutions-oriented thinking to meet the evolving needs of the community.
- Perform other responsibilities as assigned.
What You'll Bring :
Our Company :
Built on the foundation of over 20 years of friendships, Coastal Ridge is a vertically integrated multifamily real estate operator, investor, and developer whose unique approach successfully combines data and experience. Supported by over 800 real estate professionals with deep sector expertise, we have quickly grown into a leader in the multifamily industry. Our values are based on relationships and driven by honesty, integrity, and trust.
What You'll Get :
As a Coastal Ridge Real Estate associate, you'll be eligible to participate in a variety of benefit programs designed to fit you and your lifestyle. We are committed to providing competitive and comprehensive benefits that align with our culture and the needs of our associates.
