Posts tagged: City of Deer Park
Without being there, it became difficult for Office Hours to track the sales of the numerous parcels auctioned off Thursday at the Deer Park auction.
We confirmed that the City of Deer Park paid $850,000 for the 18-hole course. Mayor Robert Whisman said he was told the city “hit the lottery” for getting the course at that price. He was told it should fetch at least $3 million, Whisman said Friday.
We couldn’t determine what the auction netted for other parcels auctioned off by Williams & Williams. A company spokesman said, by phone, it doesn’t reveal purchase prices, leaving that information to buyers and sellers.
We couldn’t reach any of the owner-sellers, who are members of Warren Development, based in Chehalis. If any buyers of the other pieces auctioned off want to contact us, we’d like to hear about it.
Beyond the golf course, the other plum properties in the auction were the Spokane RV Resort, which has 180 or so RV pads, covering more than 45 acres; and a large number of undeveloped residential lots.
Deer Park city officials ended up writing a check for more than $1 million for their new recreation spot, having to add $210,000 for 60 golf carts, mowers, tools, building fixtures and seller’s fees, Whisman said.
The City of Deer Park is the proud new owner of the Deer Park Golf Club.
The SR will have a detailed story in Friday’s editions. But today’s auction, still in progress as of 3:24 p.m. Thursday, did resolve the question: How much is the Deer Park Gold Club worth?
The answer: $850,000. Which is less than the current owners hoped to get. At one time the course was the centerpiece of an ambitious $32 million development its developers hoped would turn the quiet little burg on the north edge of Spokane County into the next Sandpoint, or perhaps the next Gleneden.
The buyer is the City of Deer Park. As the main person answering the phone today at the city hall said, “Every city needs a golf course, right?”
The auction will also sell off an adjoining Spokane RV Resort, a condo and numerous parcels of land. The full rundown will come no later than tomorrow on this blog, with the main points in Friday’s Saturday business section.