UNSPSC 95101502: Apartment building parcel

A defined piece of land used to house an apartment building

UNSPSC 95101502 Apartment building parcel is a Commodity code that covers the sale or lease of developed residential real property in the form of apartment buildings or multi-unit residential parcels. State and local governments solicit under this code when they are acquiring, disposing of, or transacting in apartment buildings or related residential property interests—typically as part of affordable housing initiatives, community redevelopment programs, asset management activities, or housing authority operations. The issuing bodies include housing authorities, municipal housing departments, redevelopment agencies, and city or county planning and development offices that manage residential real estate portfolios or execute housing policy.

The source provided contains no recent state or local contract opportunities tagged to this code, so current market activity under UNSPSC 95101502 cannot be characterized at this time. Without posted solicitations, RFPs, RFQs, or other procurement notices, issuing-body concentration, geographic spread, and representative recent work cannot be determined.