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Pine Hills Manufactured Housing Community
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12515 Bonnie Ln, Middlebury, IN 46540

Wooded residential sites include off-street parking and a mix of resident- and park-owned homes.

Property SizeContact for details
Days on Market131

Property Features for 12515 Bonnie Ln

General Information

Standard status Active
Property subtype Mobile Home Park

Additional Details

Utilities to Site Yes
Multifamily Units 25

Building Details

Buildings 25
Tenancy Multi
Listing Agency: KW Commercial - NMHC Group
Listed By: Buddy Martin · License #Various
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 29 at 8:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial - NMHC Group

Investment Insights

Based on property information with market context.

Pine Hills is a 130-site manufactured housing community in Middlebury, Indiana, with wooded half-acre homesites and off-street parking. The current mix includes 100 tenant-owned homes, 24 park-owned homes, and 1 employee-occupied home. Three additional park-owned homes are on order, while 2 homes are being refurbished. Beyond the primary site count, 32 resident-owned lots are present but do not pay fees and are excluded from the total.

The community operates with private utilities, and road maintenance is provided by the local municipality. Middlebury is located just over 30 minutes from South Bend and offers access to Elkhart and Goshen, along with nearby employment centers, schools, and retail amenities.

Key Highlights

  • 130‑site manufactured housing community
  • Half‑acre wooded homesites with off‑street parking
  • 100 tenant‑owned homes and 24 park‑owned homes

Property Analytics

Current Use

Pine Hills Campground & RV Park

Suggested Use

Top Pick HVAC Service Furniture & Home Goods Pharmacy (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

25
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 46540, IN

12,552
Population
4,245
Households
3
Avg Household Size
33
Median Age
19%
College-Educated
71%
High-School Grad
59.4 sq mi
ZIP Area
211
Density / Sq Mi
$99,664
Median Household Income
$45,850
Median Earnings
$1,074
Median Rent
$297,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Wooded residential sites include off-street parking and a mix of resident- and park-owned homes.
Where is this mobile home & rv park located?
The property is located at 12515 Bonnie Ln Middlebury, IN.
What are key features of this property?
This property features: 130‑site manufactured housing community; Half‑acre wooded homesites with off‑street parking; 100 tenant‑owned homes and 24 park‑owned homes
More about this property
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