Are you interested in purchasing an SLPS property?
schools interested parties are invited to tender a financial offer (contract)
and proposed earnest money amount to the District’s broker, Development Resources Partners, LLC.
must include a redevelopment plan that demonstrates both positive
community impact and the potential buyer’s capacity to complete the project as
described in a timely fashion and operate it on an ongoing and self-sustaining
Offers will be considered by the District’s Real Estate Committee on a
monthly basis, and the committee’s recommendations will be evaluated by the Special Administrative Board in closed session at its next monthly
meeting. Approved proposals will require
an earnest money deposit and afforded a 60-day inspection period during which
the earnest deposit is fully refundable. Upon expiration of the 60-day
inspection period, 50% of the earnest money becomes non-refundable and the buyer has 30
days to close.
Offers on unlisted properties meet the same review and approval
criteria as above, but are subject to an additional time frame—generally 30
days—during which the property can be publicly listed for sale through DRP