December 21, 2020
Dear Lutheridge Family, Friends, and Residents,
The Board of Trustees and leadership of NovusWay Ministries are pleased to offer for sale the ministry’s corporate home office located at 28 Spruce Drive, Arden, NC (in the residential section of Lutheridge). Despite its current use as an office, the property is zoned residential and will be sold as a residence for residential, not commercial, use.
It has been an organizational goal for several years to move the corporate home office back to the main part of the Lutheridge campus in order to realize increased efficiencies and collaboration across multiple departments, while also reducing the expenses associated with operating an additional stand-alone building. Expense savings and proceeds from the sale can be used to enhance and support summer camp, programs, and other ministry needs as we seek to fulfill our mission of providing places set apart to inspire and empower all in Christ’s love.
In order to give Lutheridge family, friends, and residents the first opportunity to purchase the property, NovusWay will conduct a sealed bid process from January 1, 2021 through January 31, 2021 prior to it being listed on the market. The NovusWay Board of Trustees has established a sale price of $439,000. Qualified offers to purchase will be accepted through the deadline of 9:00 pm on Sunday, January 31, 2021 and reviewed by a committee of the Board on Monday, February 1, 2021. If no offers are received and accepted, then the home will be listed for sale on the MLS with a real estate broker.
Please submit all offers in writing to sealedbid@novusway.org by 9:00 pm on Sunday, January 31, 2021. Cash offers will be given priority. A pre-qualification letter is required with offers seeking financing. Lastly, please feel free to forward this information.
Thank you for your interest.
Sincerely,
Charles R. Bridgers, President, Board of Trustees
Boyd W. Harris IV, Executive Director-CEO
For details click: NovusWay Home Office Sale December 21, 2020
