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 ENDED
Placed 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.