lake parkway llc
Revived interest in sale of Kingsbury Middle School
Submitted by paula on Sun, 10/15/2017 - 12:40am
Since escrow on Kingsbury Middle School fell through over a year ago, the school has remained vacant and unlisted at an annual cost of $45,000. Now the Douglas County School District is considering putting the property up for sale once again.
No extension or new purchase agreement accepted for Kingsbury Middle School
Submitted by paula on Wed, 08/09/2017 - 12:11am
It's back to the drawing board for the Douglas County School District (DCSD) Board of Trustees after they officially decided to not give Patrick Taylor and Lake Parkway LLC another extension in their effort to buy Kingsbury Middle School.
Citing no confidence in the buyer's ability to put a deal that can close together, the trustees voted unanimously to take the steps needed to put the old middle school back on the market.
"I think the School District made a poor decision today," Patrick Taylor of Lake Parkway LLC told South Tahoe Now. "They are very unrealistic."
Kingsbury Middle School falls out of escrow
Submitted by paula on Wed, 08/02/2017 - 1:17pm
Kingsbury Middle School has fallen out of escrow after the buyer, Lake Parkway LLC, failed to secure financing on the $3.15M purchase by the required date of July 31.
Buyer has one week to close escrow on Kingsbury Middle School sale
Submitted by paula on Mon, 07/24/2017 - 6:40pm
The sale of Kingsbury Middle School to Lake Parkway LLC is still on, for now.
At a special meeting of the Douglas County School District Monday, the board voted unanimously to give the buyer until Monday, July 31 to come up with the rest of the $3.15 million purchase price for the middle school which has sat vacant since the 2008-09 school year.
Sale of Kingsbury Middle School is focus of special school board meeting
Submitted by paula on Sun, 07/23/2017 - 2:50pm
A special meeting of the Douglas County School Board will be held on Monday, July 24 at 4:30 p.m. to discuss, review and vote on one of two options surrounding the sale of Kingsbury Middle School.
The district closed the school during the 2008-2009 school year due to declining enrollment. Zephyr Cove Elementary School and Whittell High School adjusted the grades the serve to absorb the middle school students. The district put the school building and property on the market in 2012 and it has now been vacant for over eight years.
Kingsbury Middle School sold to Glenbrook company
Submitted by paula on Fri, 07/22/2016 - 7:10pm
The Douglas County School District has found a buyer for the old Kingsbury Middle School which had been on the market since 2012. The school board voted to accept a $3.15 million offer on the property from Lake Parkway LLC, a corporation listed in Zephyr Cove, Nev.
DCSD closed Kingsbury Middle School on 1900 Echo Drive in Stateline in the 2008-2009 school year due to low enrollment at the schools at the lake. The school site had an original price tag of $4 million.
"This is wonderful news," said DCSD Board President Ross Chichester.
