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  5. ›MASTER LEASE FOR STUDENT HOUSING

Texas Southern University·Texas

MASTER LEASE FOR STUDENT HOUSING

Closes 2/17/2026$7.7M – $17.3MRequest for Proposal
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Description

Texas Southern University is seeking a master lease for student housing to accommodate approximately 400 to 600 beds. The lease term will be an initial two-year term with the option to renew annually. The university prefers a location within a five-mile radius of the campus, with amenities such as off-street parking, laundry facilities, secure building access, and community space. Respondents are required to submit a proposal outlining their qualifications, experience, and pricing for the services. The evaluation criteria include letter of interest, property management plan, organizational qualifications and experience, cost, and references. • The lease term is for two years with the option to renew annually. • The university prefers a location within a five-mile radius of the campus. • Amenities such as off-street parking, laundry facilities, and community space are desired. • Respondents must submit a proposal outlining their qualifications, experience, and pricing. • The evaluation criteria include letter of interest, property management plan, and cost.

Attached files

Contact

Sceffers Ward(Procurement Services)

[email protected]

(713) 313-7887

Key dates

Opened
1/9/2026
Questions due
1/15/2026
Closes
2/17/2026
Duration
2 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110
Solicitation №
717-26-719

Budget estimate

$7,680,000 – $17,280,000

Based on the provided information, the estimated budget for this opportunity can be determined by considering the costs associated with leasing approximately 400-600 beds. Assuming an average rent of $800-1,200 per bed per month, the total monthly revenue would be around $320,000 to $720,000. With a two-year lease term, the total budget would be approximately $7,680,000 to $17,280,000. However, this is a rough estimate and may vary depending on various factors such as location, amenities, and services provided.

AI estimate from the solicitation

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