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Large-scale Coquitlam trailer park sold for $38M

The trailer park has space for 266 mobile home units over 30 acres
cayer st
 
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