Home » Sacramento Church Reinvents Itself by Attracting K-12 School and Buying Back Land for Pennies on the Dollar
Community Voice

Sacramento Church Reinvents Itself by Attracting K-12 School and Buying Back Land for Pennies on the Dollar

This slideshow requires JavaScript.

Commencing Fall 2012, Liberty Towers Church (5132 Elkhorn Blvd, Sacramento, CA) will once again host a pre-school and K-12 educational facility dedicated to teaching children in a Christian environment. It was only three years ago that Liberty Towers shuttered operations for its school, succumbing to the pressures of a failing economy. According to Terry Schneider, recently installed Lead Pastor of Liberty Towers, “it was very sad for our long standing church members to witness the school close after having successfully operated for over three decades.”

Just a few miles east (along Interstate 80) at 143 Clinton Ave in Roseville, Cornerstone Christian School had been operating continuously in a facility owned by The Rock of Roseville for the past 20 years. Headmaster Richard Batista has expressed appreciation to Pastor Francis Anfuso for allowing the school’s use of the Rock’s former church property all these years. But “with current enrollment, there is simply no more room to grow”, lamented Batista. “We are having to turn students away due to lack of space.”

“A new chapter is now being written for both of these great institutions, one that involves a mutual and beneficial co-existence in the Foothill Farms community of North Sacramento”, said Brian Jacks, Regional Vice President of EAST WEST Commercial Real Estate, who facilitated the coming together of both parties. “It’s really a win-win for everybody.” Cornerstone now has full access to an extensive facility with spacious classrooms, multiple playgrounds, renovated auditorium and large gymnasium, while Liberty Towers enjoys a tenant that fulfills one of its core missions to provide a Christian education for the community.

During a recent walk through of the campus, Cornerstone parents were impressed at the magnitude of facilities being made available to their school. Many asked about the vacant land comprising just over 6 acres located immediately adjacent to the church. This property was formerly owned by Liberty Towers and improved with baseball and soccer fields for its once thriving school.

Watch the Video – http://www.youtube.com/watch?v=HQqc7576Lj4&feature=plcp

In 2005, Liberty Towers sold the land to a multifamily developer for more than $3.5 million at the peak of the market and was able to pay off a significant mortgage for its gymnasium, creating a debt free campus. Following a foreclosure and subsequent legal proceedings, the land recently became available through a court ordered sale. EAST WEST Commercial Real Estate represented Liberty Towers for the successful re-purchase of this land. Escrow closed this month with a purchase price of only $675,000, less than 20% of Liberty Tower’s selling price seven years ago. Guy Spitzer of Cornish & Carey Commercial represented the court receiver.

Liberty Towers once again controls its destiny for the full block bordered by Elkhorn, Andrea and Hillsdale Boulevards and is excited about future ministry opportunities. “Our goal is to welcome the community with open arms onto our campus”, said Schneider, who operates a boys / girls basketball and cheerleading league called Upward, which hosted nearly 350 participants earler this year. “We are currently partnering with various local organizations and sports leagues to propose re-development of the land out back for expansion of our community sports program and hope to add Upward Football this Fall.”

EAST WEST Commercial Real Estate is certainly pleased to partner with Liberty Towers to bring revitalization to this North Sacramento neighborhood. The future is most definitely bright for this community. 

Events & Happpenings

 

See Full Calendar >>

About the author

Brian Jacks

  • What’s with this local real estate guy using his company’s church related deals to post ads in the form of a “news article”? Having been indoctrinated by referenced church I am none to pleased that they are going to get to continue to poison the minds of impressible youth.

  • @JWS – I agree. I’m a former member and so glad that I am. Boy this “article” sure paints a rosy picture, doesn’t it??? This church is in such constant chaos, going from one self inflicted crisis to another. Now they are BACK in debt and some of the foundational members are leaving. Sad, just sad. And you are right about poison. This is the most gossip filled church I have ever seen!

  • I attend Liberty Towers Church right now and absolutely LOVE it! They have really done a lot to change the negative environment in the last two years. It’s great being a part of a Church family that is excited about reaching people in the community by loving them unconditionally, and it’s obvious by all the baptisms and conversions they’ve had. If you want to see what their services look like these days, just check out this video link … http://youtu.be/fcnvUm_QJIk …. or come by for a visit at 9am or 10:30am.

Support Local

Photo of the Week

Topics

Subscribe to Our
Weekly Newsletter

Stay connected to what's happeninging
in the city
SUBSCRIBE!
We respect your privacy

Subscribe to Our Weekly Newsletter

Stay connected to what's happening in the city
SUBSCRIBE!

Pin It on Pinterest

Share This
X