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Accomack-Northampton Planning District Commission·Virginia

RFI - Property Management Services

Closes 4/24/2026$500k – $2MRequest for Information
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Description

The Accomack‑Northampton Planning District Commission (A‑NPDC) together with the Accomack‑Northampton Regional Housing Authority and the Eastern Shore of Virginia Housing Alliance are seeking qualified firms to deliver comprehensive, turnkey property management services for their affordable‑housing portfolio. The contractor will be responsible for day‑to‑day operations, ensuring strict compliance with federal and state affordable‑housing regulations, maintaining property conditions, handling tenant relations, and delivering financial reporting that demonstrates the health of the assets. The goal is to partner with an experienced manager who can sustain high physical standards while preserving the financial viability of the portfolio. • Manage all aspects of affordable‑housing properties (rent collection, maintenance, tenant services, compliance reporting). • Ensure 100 % compliance with HUD, VA, and state regulations and maintain required certifications. • Provide regular financial statements, budget forecasts, and performance metrics to the agency. • Oversee physical upkeep, preventative maintenance, and capital improvement planning. • Serve as the single point of contact for all property‑related issues, coordinating with local service providers and regulatory bodies.

Attached files

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

Contact

Eric Horito

Key dates

Opened
3/31/2026
Closes
4/24/2026

Last updated

Details

Type
Request for Information
Industry
Property Development
NAICS
531311
Solicitation №
RFI-117056

Budget estimate

$500,000 – $2,000,000

No contract value is disclosed. Typical full‑service property‑management contracts for multi‑unit affordable‑housing portfolios range from a few hundred thousand dollars to a few million dollars per year, depending on the number of units, scope of services, and geographic location. Assuming a modest portfolio of 100‑200 units on the Eastern Shore, the annual management fee could be roughly 5‑10 % of gross rental income, translating to an estimated $500,000 – $2,000,000 in annual revenue for the contractor.

AI estimate from the solicitation

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