Click here for a free download of the latest Adobe Flash Player.

Tools

Vacant School Buildings For Sale

KSBI News

Oklahoma City -- The Oklahoma City Public School District has found a way to make a little more than $1 million without sacrificing jobs.  Instead, several old buildings can now be yours for the right price.  KSBI Thunder TV's Kealey McIntire explains.

It comes with a playground and 32,000 square feet.  What was once Creston Hills  Elementary can be yours if you're willing to pay.  The school that closed in 2003 as part of the MAPS plan is just one of the district's seven vacant buildings that are now up for sale.

"We spend $30,000 per year in insurance alone for those buildings.  We're also keeping the grounds and mowing the grass.  We have maintenance folks that are constantly coming through to check on those buildings." says Tierney Cook, Public Relations Manager for OKCPS.

Cook says it's a liability to keep up the vacant buildings.  Plus, if all the properties sell at their appraised values, the district stands to make a little more than $1 million, which would come in handy in the midst of the district facing budget cuts.

"This is one area we were really interested in to see if we could sell those buildings, which would alleviate that liability and also make the district some money," says Cook.

Cook says the district also plans to sell another round of vacant buildings.

While the buildings remain empty, staff members will check on them routinely to make sure no suspicious activity is taking place.

icon
79.0 ° F
Current Conditions : A Few Clouds
More Weather

2010 Primary Election

Did you cast your ballot?

  • Yes, I did vote
  • No, I didn't vote
  • I wanted to vote but could not

Market Watch