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Texas Southern University·Texas

Master Lease for Student Housing

Closes in 4 days$80k – $120kRequest for Proposal
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Description

Texas Southern University (TSU) is seeking experienced building owners to enter a short‑term master lease for student housing. The lease will cover 350‑450 beds located within a five‑mile radius of the TSU campus, with a preferred “all‑students‑together” configuration. The initial lease term is two years, with the possibility of annual renewals. TSU requires a gross‑rent‑per‑unit structure that includes all utilities, maintenance, security, insurance, taxes, and common‑area services. The facility must meet all local, state, and federal building, fire, and accessibility codes, provide life‑safety equipment, off‑street parking, laundry, secure access, internet, cable TV, fitness or community spaces, and other student‑oriented amenities. Proposals must be submitted in paper and electronic (flash‑drive) format by 11:00 a.m. CT on 29 Oct 2026. Evaluation criteria include letter of interest, property‑management plan, organizational qualifications, cost, and references.

Attached files

Contact

Sceffers Ward(Procurement Services)

[email protected]

(713) 313-7887

Key dates

Opened
10/1/2026
Questions due
10/15/2026
Closes
11/5/2026
Duration
2 years

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
531110
Solicitation №
717-27-712

Budget estimate

$80,000 – $120,000

The solicitation lists a contract “value” of $90,000, which likely reflects the anticipated annual gross rent for the 350‑450‑bed portfolio (approximately $200‑$260 per bed per month). Considering possible variations in unit mix, utility inclusions, and optional renewal years, the total revenue over the initial two‑year term could range from roughly $80,000 to $120,000. Factors influencing the final amount include the exact number of beds awarded, negotiated rent per unit, and any additional service fees (e.g., parking, fitness amenities).

AI estimate from the solicitation

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