A mobile home park in Coquitlam’s Maillardville neighbourhood has sold for $38 million, Avison Young tells Western Investor.
The premier trailer park has 266 pads and sold for approximately $142,857 per pad. The property is 30.37 acres, zoned especially for mobile home use. The property has an assessed value of just over $37.5 million.
The park is located at 201 Cayer St., Coquitlam.
Breakdown:
Price: $38,000,000
No. of Units: 266
Price/Unit: $142,857
Lot Size: 30.37 acres
Property Type: Multi-family
Zoning: RMH-1
2017 B.C. Assessment Value: $37,568,000
City: Coquitlam
Province: B.C.
Name of Brokerage: Avison Young Commercial Real Estate
