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Assistant Asset Manager / In House Property Manager

Assistant Asset Manager / In House Property Manager

VareCoDenver, CO, US
2 days ago
Job type
  • Full-time
Job description

Job Description

Job Description

Location :  Denver Metro Area, Colorado

Salary :  Starting at  $78,000 per year , with  bonus opportunities  based on Net Operating Income (NOI) and other performance metrics.

Position Overview The Assistant Asset Manager will play a critical supporting role in overseeing a multifamily real estate portfolio. Reporting directly to the Senior Asset Manager, this role is ideal for someone with strong property management experience who is ready to transition into an asset-level perspective. The candidate must be detail-oriented, financially literate, and eager to proactively manage and enhance property performance across multiple assets.

Key Responsibilities Property Oversight & Accountability

  • Support the Senior Asset Manager in ensuring property managers meet and exceed performance expectations.
  • Verify that property managers deliver timely, accurate reporting on :

Property income and expenses

  • Delinquency and eviction updates
  • Unit turn status and market-ready units
  • Rent comps and concessions (bi-weekly)
  • CapEx project updates

    • Site Visits & Condition Monitoring

  • Conduct  monthly on-site inspections  of each assigned property.
  • Identify and document areas for improvement, including signage, curb appeal, cleanliness, deferred maintenance, and amenity enhancements.
  • Capture creative solutions and cost-effective improvement ideas to elevate asset value and resident satisfaction.

    • Financial & Market Analysis

  • Assist in reviewing and interpreting :

    • Profit & Loss (P&L) statements

  • T12 financial reports
  • Rent rolls and occupancy metrics
  • Track and analyze market data to identify trends and inform leasing and investment strategies.

    • Reporting & Communication

  • Collaborate with the Senior Asset Manager on monthly and quarterly reporting for investors and ownership groups.
  • Help maintain accurate dashboards tracking KPIs such as :

    • Occupancy and lease-up

  • Delinquency collection efforts
  • NOI growth
  • CapEx performance and ROI

    • Operational Support

  • Aid in identifying opportunities for operational efficiencies, marketing improvements, and tenant retention strategies.
  • Provide backup support for urgent issues and help drive creative problem-solving on the ground with site teams.

    • Candidate Requirements Experience

  • 3–5 years of experience in multifamily property management, leasing, or asset coordination.

    • Scattered site, and Class C Experience

    No corporate PM experience ( no one from a large national shop)

  • Prior exposure to financial documents (P&L, rent rolls, T12s) is required.
  • Demonstrated ability to multitask across multiple properties or departments

    • Financial Acumen

  • Strong analytical skills and ability to extract key metrics from financial statements.
  • Comfort with Excel, Google Sheets, and portfolio management software.

    • Education & Certifications

  • Bachelor’s degree in Real Estate, Business, Finance, or a related field is preferred.
  • Relevant certifications (e.g., ARM, CPM) are a plus but not required.

    • Skills & Attributes

  • Bilingual (English / Spanish) required; this role works directly with Spanish-speaking residents on a daily basis.
  • Highly organized and proactive with excellent follow-through.
  • Effective communicator with strong interpersonal and cross-functional skills.
  • Capable of working independently and under the guidance of a senior manager.
  • Solution-oriented mindset with a passion for driving portfolio performance.

    • Performance Metrics The Assistant Asset Manager will be evaluated on :

  • Timeliness and accuracy of reporting deliverables
  • Contribution to NOI growth and occupancy improvements
  • Insightfulness of financial and market analyses
  • Communication effectiveness with property managers and senior staff
  • Creative problem-solving and hands-on support of asset initiatives

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