A construction company scooped up three shuttered Bucks County elementary schools for a total of $770,000 and a nonprofit bought a fourth for $180,000 with plans to convert the Bristol Township properties into age-restricted housing, according to a report.
Zoned residential, all four schools can be converted into age-restricted housing-- or properties that cater to residents over 55 and do not permit children to live there.
Renovah Construction Co. spent $210,000 on John Fitch Elementary School on Greenbrook Drive; $350,000 on Lafayette Elementary School on Fayette Drive; and another $210,000 on Abraham Lincoln Elementary School on Plumtree Place, the suburban newspaper said.
A fourth school Maple Shade Elementary School on Prospect Avenue sold to nonprofit Interfaith Housing Visions of Bristol Borough for $180,000, the Bucks County Courier Times said.
The sales must be approved by Bucks County Court, a process that could take several weeks, and the dollars would go to the township's general fund.
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