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  5. ›MLK CIA PROPERTY MANAGEMENT SERVICES- REBID

City of Jackson·Michigan

MLK CIA PROPERTY MANAGEMENT SERVICES- REBID

Closes tomorrow$120k – $350kRequest for Proposal
Get bids like this by emailBid source

Description

The Martin Luther King Corridor Improvement Authority (MLK CIA) is seeking a professional property management firm to oversee a growing portfolio of properties within its development area in Jackson, Michigan. The contractor will be responsible for administration, rent collection, vendor oversight, site visits, and both building and grounds maintenance for an inventory that currently includes four properties (one leased) and may expand to up to 13 properties by early 2027. Services are to be delivered under a one‑year management agreement with the possibility of renewal, and compensation will be a monthly fee paid from an operating account. • Manage existing and upcoming properties (occupied, vacant structures, vacant land) • Perform rent collection, lease administration, and vendor coordination • Conduct regular site inspections and oversee building/grounds maintenance • Develop and manage an operating budget for the portfolio • Provide flexibility to scale services as the property inventory grows (up to 9 additional properties) • Contract term: 1 year, start no later than December 2026, with potential renewal

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Katima Dickenson(Consultant to the MLK CIA)

[email protected]

(517) 768-6438

Key dates

Opened
10/2/2026
Closes
11/2/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
531312
Solicitation №
2026-DEI-049

Budget estimate

$120,000 – $350,000

The RFP does not disclose a specific fee, but typical property‑management contracts for mixed‑use portfolios of this size range from $2,000 to $5,000 per month per property, plus additional fees for specialized maintenance. Assuming an average of $3,500 per month across an estimated 8 active properties, annual compensation would be roughly $336,000. A more conservative scenario (fewer active properties, lower per‑property rates) could be around $120,000 per year. Therefore, the likely budget range is approximately $120k–$350k.

AI estimate from the solicitation

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