Powered by LevrNAICS 531190: Lessors of other real estate property
NAICS 531190 is the industry code for lessors of other real estate property. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.
What 531190 covers
Lessors of other real estate property own and lease land and other property such as farmland, manufactured home sites, billboard sites and cell tower sites.
Included in this code
- Manufactured home communities
- Farmland leasing
- Land leasing
- RV park lot leasing
- Cell tower site leasing
Not this code
- Residential landlords: see 531110 Lessors of residential buildings and dwellings
- Campgrounds: see 721211 RV (Recreational vehicle) parks and campgrounds
- Farming: see 111998 All other miscellaneous crop farming
Businesses that use 531190
Financing for this trade
Owners use bank loans, agency loans for manufactured home communities and land loans. Lenders look at lease income and occupancy.
Apply for funding with AIIs 531190 the right code for a land and other property lessor?
Yes, if you lease land or property other than buildings, such as manufactured home communities or farmland. RV campgrounds offering overnight stays use 721211. Owners in this trade most often weigh it against 531110 (lessors of residential buildings and dwellings) and 721211 (RV (recreational vehicle) parks and campgrounds). The right choice is the activity that brings in the most revenue, used the same way on tax returns and loan applications.
What is the SBA size standard for 531190?
The SBA size standard for 531190 is $34M in average annual receipts. SBA averages total gross receipts over the last five completed fiscal years and adds in any affiliates under common control. A land and other property lessor at or below that figure counts as small for federal small business contracts and other SBA size determinations, although lending and passive investment businesses are generally not eligible for SBA 7(a) loans.
What financing do mobile home park owners use?
Manufactured home communities can use Fannie Mae and Freddie Mac loans, bank loans and CMBS. Lenders review occupancy, lot rents, utility arrangements and the share of park owned homes. Expect lenders to ask for receivables and payables agings, recent bank statements and a debt schedule, which also help a broker match the request to the right lender quickly.
What does NAICS 531190 cover?
Lessors of other real estate property. Industry level code in NAICS 2022, under 53 Real estate and rental and leasing, 531 Real estate, 5311 Lessors of real estate, 53119 Lessors of other real estate property.
What financing do NAICS 531190 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for professional services businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 531190?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.