Federal NAICS Codes

NAICS 531311

Residential Property Managers

Explore obligations, trends, recent awards, and incumbent contractors for NAICS 531311.

NAICS 531311 federal market metrics

Total obligations
$3.5B
Total awards
3,962 awards
Active obligations
$384.3M
Size standard
$12,500,000 receipts

What this NAICS covers

NAICS 531311 covers management of residential rental properties for others, including tenant placement and screening, rent collection, lease administration, coordinating maintenance and repairs, handling tenant relations, property marketing, and financial and compliance recordkeeping.

Federal opportunities under 531311 typically involve operating and maintaining federally owned or leased residential inventory to sustain occupancy, ensure habitability, manage tenant relations and leases, coordinate maintenance vendors, maintain financial and compliance records, and deliver occupancy reporting.

FY2025 snapshot

Obligations
$262.7M
Awards
142
Average award
$1.8M
Change from FY2024
-23.3%

Recent awards

Search contractors

$49,536

JAKKS MANAGEMENT, LLC

Rural Housing Service

PIID
12SAD226P0020
PSC
R799 - SUPPORT- MANAGEMENT: OTHER

$18,576

JAKKS MANAGEMENT, LLC

Rural Housing Service

PIID
12SAD226P0019
PSC
R799 - SUPPORT- MANAGEMENT: OTHER

$13,760

JAKKS MANAGEMENT, LLC

Rural Housing Service

PIID
12SAD226P0011
PSC
R799 - SUPPORT- MANAGEMENT: OTHER

$7,000

MEADE INVESTMENTS, INC.

Federal Emergency Management Agency

PIID
70FBR426P00000027
PSC
X1PZ - LEASE/RENTAL OF OTHER NON-BUILDING FACILITIES

FAQ

What work fits NAICS 531311?
  • Onsite property management and lease administration for program-funded multi-family housing including tenant screening, rent processing, and eviction coordination.
  • Day-to-day maintenance coordination and vendor management with work-order tracking, preventive maintenance schedules, and inspection records.
  • Occupancy and tenant records management with rent roll reporting, move-in/out inspections, and tenant communications logs.
  • Budget administration and financial reporting for residential portfolios including rent collection reconciliation, expense tracking, and monthly financial statements.
When is NAICS 531311 a weak fit?
  • Residential construction and major capital repairs where the primary deliverable is new construction or structural renovation and the contract requires construction bonding and trade subcontractors.
  • Facilities maintenance contracts focused on one-time capital projects or asset replacement that require licensed general contractor responsibilities instead of ongoing property operations.
  • Social services casework where the predominant task is individual client case management and direct social services rather than building operations and lease administration.
What solicitation language points to NAICS 531311?
  • Labor categories list property manager, leasing agent, maintenance coordinator, and on-site superintendent with residential management duties and tenant-facing responsibilities.
  • Deliverables include monthly rent roll reports, move-in/move-out inspection records, preventive maintenance logs, and vendor invoices for reconciliation.
  • Performance standards specify vacancy resolution times, tenant complaint response windows, lease compliance tracking, and monthly financial reporting milestones.

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