Nearly seven acres of Hope development land sold for $2.17M

The 6.73-acre property sold for more than seven times it's assessed value of $290,000

By
for Western Investor
September 19, 2018





flood hope road
 
A nearly seven-acre property in Hope has sold for $2.17 million, according to NAI Commercial Langley. 
 
The 6.73-acre vacant property was rezoned to C2 for developments and sold for more than seven times its assessed value of $290,000. The site was listed for $2.2 million. 
 
The property is located at 63170 Flood Hope Rd., Hope. 
 
 

Breakdown: 

 
Price: $2,175,000
Lot Size: 6.73 acres 
Property Type: Land 
Zoning: RU1
2017 B.C. Assessment Value: $290,000
Date of Sale: 08/01/2018
City: Hope   
Province: B.C. 
Name of Brokerage: NAI Commercial Langley
Name of Vendor: Argus Holdings & McBean Holdings
Name of Buyer: Bren-Cor Holdings
 

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