Property Manager I - 500+ Units

Morgan Properties, established in 1985 by Mitchell Morgan, is a leading national real estate investment and management company headquartered in Conshohocken, Pennsylvania. With its next-generation leaders Jonathan and Jason Morgan at the helm, the company continues to experience significant growth and success. Morgan Properties and its affiliates own and manage a vast portfolio of more than 400 apartment communities comprising over 110,000 units in 22 states, making it one of the largest multifamily owners in the nation. The company holds the distinction of being the largest multifamily owner in Pennsylvania, Maryland, and New York. Supported by over 2,600 dedicated employees, Morgan Properties prides itself on its ability to make swift decisions, maintain strong capital relationships, and demonstrate proven operational expertise.

The Property Manager role at Morgan Properties is a critical leadership position aimed at overseeing the operational and financial success of a large community consisting of over 500 apartment homes. This full-time role offers an attractive salary range of $80,000 to $115,000 per year, reflecting the importance of the position within the organization. The successful candidate will be a dynamic and proactive leader passionate about delivering outstanding resident services and driving financial performance to meet and exceed company goals.

As a Property Manager, your responsibility will span across several key functions, including managing leasing activities, resident satisfaction, maintenance operations, financial management, and staff oversight. You will lead a dedicated team by hiring, training, scheduling, and conducting daily meetings to ensure that staff are well-prepared to provide superior service. Financial management is integral to this position, requiring you to meet revenue targets, control expenses, prepare budget reports, and oversee collections with precision.

Maintaining a high occupancy rate of 95 percent is another crucial aspect of this role, involving active participation in leasing and renewals, ensuring timely move-ins, and fostering strong resident retention and satisfaction. You will also supervise maintenance tasks, oversee work orders and preventative maintenance, ensure vacant units are market-ready, and manage outside contractors and capital improvement projects to sustain the property’s curb appeal and operational efficiency.

Marketing plays a significant role in attracting and retaining residents. As the Property Manager, you will develop and implement strategic marketing initiatives, conduct monthly market surveys, and gather competitive intelligence to stay ahead in a competitive landscape. Compliance with federal and state Fair Housing Laws as well as safety guidelines is paramount, and you will be responsible for ensuring that these standards are strictly adhered to within the property.

Candidates applying for the position should bring at least five years of related experience or an equivalent combination of education and experience, along with a valid driver's license and a good driving record if traveling between properties is required. Proven experience in financial statement monitoring, capital enhancement, and occupancy goal achievement is highly valued. Professional certifications such as ARM, CAM, CAPS, MPM, or RMP are advantageous. Essential skills include excellent interpersonal and communication abilities and strong analytical and problem-solving capabilities.

Morgan Properties offers a comprehensive benefits package designed to foster both personal well-being and professional development. Benefits include a 20 percent rent discount, new lease commissions, shared renewal commissions, quarterly bonuses, an employee referral program with substantial rewards, education and tuition reimbursement, as well as an extensive medical, dental, vision, life and disability insurance program. Additionally, the company provides a 401(k) retirement plan with matching, generous paid time off including holidays and sick leave, an employee assistance program, and exclusive discounts on services.

This position reflects Morgan Properties' commitment to operational excellence and community enhancement. Joining their team means becoming part of a reputable and growing company that supports career growth and values innovation, leadership, and community engagement. If you are ready to take on a leadership role that offers financial rewards, professional challenges, and the opportunity to make a difference in residents' lives, this Property Manager position is the perfect fit for you.