Frontier City and White Water Bay have been sold to Maryland-based EPR Properties as part of an $830 million sale. Oklahoma City management company Premier Parks LLC is expected to continue to manage the Oklahoma City properties. [Photo by Paul Hellstern, The Oklahoman]

Frontier City and White Water Bay soon will have new owners as part of an $830 million park and resort sale.

Oklahoma City-based Premier Parks LLC manages both Oklahoma City parks. Under terms of the sales agreement, the existing management agreement will be canceled and the new owner will enter into a contract with Premier Parks.

Premier Parks owned Frontier City and White Water Bay until 2006 when it sold the properties to CNL Lifestyle Properties. Five years later, Premier Parks returned to the Oklahoma City locations under a management contract with CNL.

Premier Parks did not respond Friday to The Oklahoman's questions about the deal.