Magnolia Walk II

2501 SW 10th St, Ocala, FL 34471

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
$418 - 513 per Month 1 - 2 Beds 1 Bath 635 - 995 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Magnolia Walk Apartments is an affordable elderly community that offers 1 and 2-bedroom units. The units vary in size from 635 to 995 square feet, and are very bright and spacious. Each unit is equipped with a stove, refrigerator, dishwasher, garbage disposal, washer/dryer hookup and window treatment. A community laundry facility is located on each floor.

Dave's Thoughts On Magnolia Walk II

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Magnolia Walk II does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Magnolia Walk II Amenities

  • Elevator
  • Fitness Center
  • Community Room
  • Library
  • On-Site Manager
  • Pool
  • Close to Public Transportation
  • Near Hospital
  • Near Library
  • Near Schools
  • Off-Street Parking
  • Central Air
  • Dishwasher
  • Garbage Disposal
  • Washer and Dryer Hookup
  • Window Coverings
  • Carpet
  • Security System

Units at Magnolia Walk II

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 635ft2 $418 $435
Two Bedroom (2/1) 995ft2 $494 $513

Income Qualification for Magnolia Walk II

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people
50% AMI for LIHTC Units $23,050 / year $26,350 / year $29,650 / year $32,900 / year
50% AMI for PBRA Units $23,050 / year $26,350 / year $29,650 / year $32,900 / year
60% AMI for LIHTC Units $27,660 / year $31,620 / year $35,580 / year $39,480 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Magnolia Walk II

Does Magnolia Walk II have a waiting list?

Magnolia Walk II probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Magnolia Walk II?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Magnolia Walk II?

Magnolia Walk II is managed by JOTAR Management headquartered in Gainesville , Florida.

In addition to Magnolia Walk II, how many other affordable housing properties (and units) are there in Ocala?

In addition to Magnolia Walk II, we list 73 other affordable properties in Ocala. Learn about these properties here. Our data research shows that there are a total of 1938 affordable units in Ocala.

Listings Near Magnolia Walk II

Blitchton Station Apartments

1741 NW 7 St., Ocala, Florida 34475

bed 1-3
payment $418-542/mo.
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Laurel Park II

100 NW 23rd Ave, Ocala, Florida 34475

bed 1-3

Parkside Garden Apartments

621 NW 2nd St, Ocala, Florida 34475

bed 1-3

Spring Manor Apartments

2833 NE 7th St , Ocala, Florida 34470

bed 1-4
accessibility Accessible

Sutton Place Apartments.

523 NE 23rd Cir, Ocala, Florida 34470

Hickory Knoll Apartments

507 NE 22nd Avenue, Ocala, Florida 34470

accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.