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Income-restricted senior apartments

Magnolia Terrace Apartments

226 5th St, Jellico, TN 37762 · Map
123 apartments · Alco Management, Inc

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Magnolia Terrace Apartments offers income-restricted senior apartments in Jellico, Tennessee. It has 123 apartments. It is managed by Alco Management. Lilisity publishes no score or ranking for this community; the details below come from the public records named on this page.

Income-restricted senior apartmentsNot licensed by the state
123 apartmentsFrom public records
Rent set by incomeAsk the property manager

Public records

Lilisity has no state care license on file for Magnolia Terrace Apartments, so there is no state license or inspection record for it. This listing comes from public records. Listed by HUD Multifamily housing for elderly residents.

Type
Income-restricted senior apartments
Apartments
123
Programs
Section 8 project-based rental assistance, FHA-insured mortgage (223(f) Refi/ Purchase Apts)
Managed by
Alco Management

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Common questions

What type of housing does Magnolia Terrace Apartments provide?

Magnolia Terrace Apartments offers income-restricted senior apartments in Jellico, Tennessee. Lilisity has no state care license on file for Magnolia Terrace Apartments, so there is no state license or inspection record for it. It has 123 apartments.

Who operates Magnolia Terrace Apartments?

Magnolia Terrace Apartments is operated by Alco Management, Inc.

Does Lilisity rate Magnolia Terrace Apartments?

No. We publish public records about Magnolia Terrace Apartments but no score, rating, or ranking. Only communities on the Top Communities list or with a Senior Living Alliance Excellence Award, both based on phone-verified resident and family interviews, are ranked.

How much is rent at Magnolia Terrace Apartments?

Rent at income-restricted senior apartments is set by income, usually about 30% of household income for HUD and USDA rental assistance units, or a fixed below-market rent for tax-credit units. Ask the property manager about current rent, income limits and the wait list.

How do I apply to Magnolia Terrace Apartments?

Apply through Alco Management at (423) 417-2182. Buildings like this have age limits (usually 62 and over, sometimes 55 and over) and income limits, and there is often a wait list. The property manager may not be on site.

How Lilisity works. The only scores or rankings Lilisity publishes are the Top Communities list and the Excellence Awards, both built from phone-verified resident and family interviews. Communities can pay Lilisity a flat monthly fee to manage their own listing: photos, prices, contact details, and receiving the inquiries families choose to send them. The fee is the same no matter how many families contact them or move in. Senior Living Alliance, which runs Lilisity, offers the same listing to its member communities as part of their membership; members pay SLA for its resident and family interview program. No community pays Lilisity per inquiry, per referral or per move-in. Payment never changes a testimonial, a rating, or the order of search results. The "Nearby Senior Living Alliance communities" box shows member communities only. How we verify testimonials · How we are paid