Vice President of Operations

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Park Avenue Partners

Site WebLinkedInTous les Emplois

2 - 10 employés

Fondée en 2018

🏠 Immobilier

💸 Finance

Real Estate • Finance

Park Avenue Partners est une société d'investissement immobilier qui acquiert, rénove et exploite des parcs de maisons mobiles et des maisons mobiles via un fonds enregistré auprès de la SEC. Elle s'associe à des investisseurs accrédités pour co-détenir des parcs de maisons mobiles, offrant des dividendes trimestriels, des partages de bénéfices lors de la vente, et un modèle d'alignement sans frais (pas de frais d'acquisition, de gestion ou de sortie). L'entreprise se concentre sur l'amélioration des opérations (remplissage des emplacements vacants, installation de compteurs d'eau, augmentation des loyers lorsque cela est approprié) afin de générer des rendements ajustés au risque tout en élargissant l'offre de logements abordables pour les Américains à faible revenu. L'investissement minimum est de 100 000 $ et les investissements peuvent être détenus dans des IRA autogérés ou des entités pour les investisseurs accrédités.

Description

• Think like an owner. You have a demonstrated track record of proactively finding opportunities to improve profitability. You will find most of those opportunities at our company both by reviewing our monthly financial performance as well as traveling on-site to visit our properties. • Manage our portfolio of two dozen properties to meet or exceed established annual budgets. • Hire high-performing people in to our company. You’ve onboarded, trained and developed people to their full potential at your previous employers. • You have invested significant capital into mobile home rehabs, utility submetering systems, and general R&M. You prioritized investments to achieve highest ‘bang for the buck’ and you managed a process of getting competitive bids and selecting vendors to complete work on time and on budget. You selected vendors that offered the best tradeoffs between quality, time, and price. • Improve utility recovery rates to 97% or better. We have capital for new meters, for leak detection, and for anything else you need. • Manage properties to meet or exceed budget. You have responsibility for hiring, training, and terminating (as a last resort) your Community Managers. • Conduct site visits (likely annually) to insure your Community Managers are doing their jobs. Meet with tenants as needed.

🎯 Exigences

• 7+ years of relevant experience in the manufactured housing, RV, and/or apartment industry, with track record of promotions and achieving KPIs. • Full knowledge of accounting. We don’t expect you to be a CPA, but you should know how to read a P&L, Balance Sheet, etc. and to calculate profitability, ROA, ROE, etc. • You are a lifelong learner and able to discuss books you have read, seminars you have attended, and/or other ongoing education in recent years. Most importantly, you will be expected to bring those key learnings to our organization. • Experience in the destination RV resort industry a plus. Three of our properties are ‘Winter Texan’ RV parks. (The other 20 properties are regular manufactured housing communities.) • Willingness to travel approximately 1/4 of the time. • Excellent written and verbal communication skills, and the ability to work well in a team environment as well as independently.

🏖️ Avantages

• $100,000 base, $50,000 bonus. $150,000 on-target earnings. But depends on experience. If you’ve delivered more than what we have scoped this role to be and you have made more money, let’s talk. • 3 weeks/year paid vacation.