United Properties to buy surplus school in Thompson
LOVELAND — The Thompson School District has approved the sale of Monroe Elementary School in Loveland.
The district board voted unanimously this week to accept a letter of intent that would, pending negotiation of a sales contract, sell the school located along U.S. Highway 34 in central Loveland for $6 million.
United Property Development LLC, which is headquartered in Minneapolis but with an office in Denver, submitted the letter of intent Sept. 15. The district had declared the property to be surplus in October 2021 and placed it on the market. While still in use this year, students from the school will…
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