Five-acre White Rock campground sold for development

After initial deal collapsed, Parklander RV Park and Campground fetches $6 million, over $1 million per acre

By
for Western Investor
September 23, 2019





DD Parklander RV and camping White Rock - Google Maps
Parklander RV Park and Campground, White Rock. Image via Google Maps Street View

The five-acre Parklander RV Park and Campground in White Rock, B.C., has sold for more than $1 million an acre for residential development after an initial deal collapsed, reports Re/Max Colonial Pacific.

Breakdown:

Property type: Residential development site

Current use: Recreational vehicle park and campground

Property size: 5.6 acres

Zoning: Commercial campground and single-family residential

Assessed value: $5.1 million

List price: $8.5 million

Sale price: $6 million

Brokerage: Re/Max Colonial Pacific Ltd., Surrey

Agent: Alan Merriman


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