WSD purchases Immanuel Lutheran School
April 22, 2010
Wentzville School District
The Wentzville School District has completed a purchase agreement with Immanuel Lutheran Church to buy the Immanuel Lutheran School located at 317 West Pearce Boulevard in Wentzville for $1,325,000.
“This was a great opportunity for the District to purchase an existing school for a fraction of what it would have cost us to build a new one,” said Kari Monsees, the Chief Financial Officer of the District.
“Using District reserves to purchase prime facilities when the opportunity presents itself is a good strategic move, and we were able to negotiate a fair and equitable sale price with the church.”
The school site has over 25,000 square feet of classroom, office and multi-use space, and sits on 3.5 acres.
Superintendent Dr. Terry Adams said, “We have been the fastest growing school district in the state for the past decade, so out of necessity we are always looking for cost effective ways to expand our facilities. The school is in good condition and is centrally located, and this acquisition will give us the opportunity to move more than 200 alternative school students out of the aging Harris building, which we lease, and into a better learning environment that we now own.”
The school property has been on the market since last fall, when the Immanuel Lutheran Church relocated to 632 East Highway N in Wentzville.
From the Wentzville School District
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