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  5. ›REQUEST FOR LEASE PROPOSALS FOR STUDENT HOUSING IN…

Department of Administration·South Carolina

REQUEST FOR LEASE PROPOSALS FOR STUDENT HOUSING IN CHARLESTON COUNTY FOR THE COLLEGE OF CHARLESTON

Closes 5/17/2026$1M – $3.5MRequest for Proposal
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Description

The State of South Carolina, via its Department of Administration, is soliciting lease proposals to provide student housing space in Charleston County for the College of Charleston. Prospective lessees must propose viable housing solutions that meet the college’s capacity, affordability, and quality standards, and outline lease terms, management plans, and cost structures. This opportunity is ideal for property owners or real‑estate firms with existing residential assets or development capacity in the Charleston area. • Required: Lease or develop student‑housing units in Charleston County for College of Charleston use. • Evaluation criteria include location suitability, unit count, lease term length, cost competitiveness, and service/maintenance plans. • Proposals must be submitted by May 17 2026, 4:00 pm; no pre‑bid meeting or site visit is indicated.

Attached files

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

Contact

[email protected]

(803) 737-8731

Key dates

Opened
5/12/2026
Closes
5/17/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531120
Solicitation №
H150-051726

Budget estimate

$1,000,000 – $3,500,000

No contract value is disclosed. Based on typical market rates for student housing in Charleston (approximately $150‑$250 per bed per month) and an assumed capacity of 200–400 beds, annual revenue could range from $360,000 to $1,200,000. Assuming a 3‑year lease term, total earnings for the provider might fall between $1 million and $3.5 million, depending on lease length, occupancy, and ancillary services (maintenance, utilities).

AI estimate from the solicitation

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