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 state and local governments use to classify the acquisition or disposition of parcels of land designated for multifamily residential development or operation. The code encompasses transactions involving the purchase, sale, lease, or exchange of real property zoned or suitable for apartment construction or existing apartment complexes. Issuing bodies soliciting under this code span state housing authorities, county assessor or property management offices, municipal housing departments, redevelopment agencies, and special-purpose housing finance districts. The work typically involves real estate transactions tied to affordable housing initiatives, property portfolio management, or site assembly for mixed-use or residential development projects.

The source provided contains no recent state and local contract opportunities tagged to this code, limiting characterization of current geographic activity or representative recent procurements.