Bid Package for Sale of Real Property (Sugar Loaf)

The Killeen Independent School District is soliciting bids for the sale of approximately 5.29 acres of real property, commonly known as Sugar Loaf Elementary School, located at 1517 Barbara Ln. in Killeen, Texas. The property will be sold "as is" with all faults, and the buyer will be responsible for conducting their own inspections and due diligence. The bid package includes a bid response form, a purchase and sale contract, and other attachments. The district reserves the right to reject any and all bids. • The property is being sold for its surface value only, with the district reserving all mineral rights. • The buyer will be responsible for all closing costs, including the title policy and survey. • The district will provide a title commitment, but the buyer will be responsible for reviewing and accepting the title. • The buyer will have 60 days to conduct inspections and due diligence after the effective date of the contract. • The contract includes a non-collusion affidavit and a felony conviction notice.