About this opportunity
AI summaryIvy Tech Community College of Indiana seeks proposals for the purchase of its former Peru Campus properties located at 425 W Main St. and 366 W 3rd St. in Peru, Indiana. Proposals must outline the intended future use of the property and its benefit to the community, indicate any desire to acquire building contents, and include recent financial statements to demonstrate financial stability. Interested buyers must submit completed Letter of Intent forms either electronically to Ethan Manning at [email protected] or in person or via mail to 435 N Broadway, Peru, IN 46970 by 5:00 PM EST on January 5, 2027. The college may evaluate proposals based on intended property use and reserves the right to request a Best and Final Offer, with successful bidders required to submit $25,000 in earnest money within five days of executing a purchase agreement.
Buyer and opportunity details
- Client
- Ivy Tech Community College of Indiana
Scope of work
- Purchase of former Peru Campus properties at 425 W Main St. and 366 W 3rd St., Peru IN 46970
- Acquisition of land and improvements identified in Exhibit A & B
- Optional acquisition of contents of the buildings
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Intended future use for the property and its benefit to the greater community | Not specified |
Documents to include with your response
- Completed Letter of Intent
- Description of the intended use of the property and its benefit to the greater community
- Indication of any desire to acquire any contents of the buildings
- Copy of recent financial statements to demonstrate financial stability
Key dates
- Property tour and information session
- Wednesday November 9th and December 10th at 4:00 PM to 6:00 PM EST
- Letters of Intent due
- January 5, 2027, 5:00 PM (EST)
How to submit
- Method
- Hard copy or electronically (in person, mail, or email)
- Instructions
- Letters of Intent must be submitted in person or via mail to 435 N Broadway, Peru IN 46970 attn.: Ethan Manning, or emailed to Ethan Manning.
Contract details
- Place of performance
- 425 W Main St. and 366 W 3rd St., Peru IN 46970