Development Advisors is pleased to report that Flatirons Community Church, located in Lafayette, Colorado, just completed the purchased the former church facilities of Lookout Mountain Community Church in Genesee (Golden, Colorado). This highly visible property along I-70, will be the second location for FCC and is part of a plan to expand its reach along the Front Range and to relieve some of the congestion at its Lafayette facility. FCC is one of the fastest growing churches in America according to Outreach Magazine.
Advisors represented the Reliance Trust (Seller) who, as trustee for the bondholders, took the property back in January, 2012 and faced expensive carrying costs (including property taxes). Mark Young, representative with Reliance Trust, commented “we are thankful and impressed with the church marketing campaign effort you conducted.” Advisors specialize in church real estate and church facility development, maintain a comprehensive church database, and routinely connect with churches in the Denver metro area.
FCC purchased three buildings for $5 million, including the main church building (24,887 Genesee Trail Road) comprising 51,200 SF for $4.1 million ($80.08/SF); along with two adjacent office buildings (526, 534 Commons Drive) comprising 17,752 SF for $900K ($50.70/SF).
If you would like more information about Advisors church real estate and church development services, please contact Mr. Scott McLean at 303-534-3344 (x 103) or at scott@developco.com.
Advisors represented the Reliance Trust (Seller) who, as trustee for the bondholders, took the property back in January, 2012 and faced expensive carrying costs (including property taxes). Mark Young, representative with Reliance Trust, commented “we are thankful and impressed with the church marketing campaign effort you conducted.” Advisors specialize in church real estate and church facility development, maintain a comprehensive church database, and routinely connect with churches in the Denver metro area.
FCC purchased three buildings for $5 million, including the main church building (24,887 Genesee Trail Road) comprising 51,200 SF for $4.1 million ($80.08/SF); along with two adjacent office buildings (526, 534 Commons Drive) comprising 17,752 SF for $900K ($50.70/SF).
If you would like more information about Advisors church real estate and church development services, please contact Mr. Scott McLean at 303-534-3344 (x 103) or at scott@developco.com.