Magnolia Place Apts
603 S Dobson Ave, Bay Minette, Alabama 36507
⬜ Compliance Expired
Magnolia Place Apts is a 56-unit multifamily property located at 603 S Dobson Ave in Bay Minette, Alabama 36507. Placed in service in 1997 under the LIHTC program, its 15-year compliance period expired in 2012.
Year-15 Compliance Timeline
COMPLIANCE PERIOD ENDEDPlaced in Service
1997
Expiration
2012
1997
2000
2003
2006
2009
2012
✅
Expired 14 years ago
The 15-year compliance period has ended. The property may have already been repositioned or converted.
Compliance Period
15 Years
Years Elapsed
15 / 15
Years Since
14
Property Overview
HUD IDALA19970077
Year Placed in Service1997
Year-15 Expiration2012
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units56
Low-Income Units56
Low-Income Ratio100%
Tenant demographic data not available for this property.