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  5. ›RFP: Residential & Commercial Property Management

City of Rock Hill·South Carolina

RFP: Residential & Commercial Property Management

Closes 7/29/2026$150k – $300kRequest for Proposal
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Description

The City of Rock Hill, SC, together with the Housing Development Corporation of Rock Hill (HDCRH), is soliciting proposals from qualified firms to provide full‑service property management for a portfolio of 35 rental units (29 residential homes owned by HDCRH and 6 municipal properties). The contractor will be responsible for day‑to‑day operations, tenant relations, maintenance coordination, rent collection, compliance with local housing regulations, and financial reporting. This contract offers an opportunity for firms with experience in both residential and commercial property management to secure a multi‑property management agreement with a municipal client. • Manage 29 HDCRH‑owned residential homes and 6 City‑owned commercial properties. • Provide tenant screening, lease administration, rent collection, and eviction handling. • Oversee maintenance, repairs, vendor contracts, and ensure compliance with local ordinances. • Deliver monthly financial statements, budgeting assistance, and performance reporting. • Serve as the single point‑of‑contact for all property‑related issues for the City and HDCRH.

Attached files

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

Contact

Sarah Kesler

[email protected]

(803) 329-7070

Key dates

Opened
7/9/2026
Pre-bid meeting
7/15/2026
Closes
7/29/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531311
Solicitation №
2115-RFP

Budget estimate

$150,000 – $300,000

No contract value is disclosed, but municipal property‑management contracts of this size typically range from $150,000 to $300,000 annually, based on the number of units, expected management fees (often 5‑10 % of gross rental income), and additional service fees for maintenance oversight. Assuming average rent of $1,200 per residential unit and $1,800 per commercial unit, annual gross rent would be roughly $45 M, yielding a management fee in the $225,000‑$450,000 range; however, municipalities often negotiate lower percentages, so a realistic estimate is $150,000‑$300,000.

AI estimate from the solicitation

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