Building Details:
703 Jones St. is located in Tallulah, LA.
FORMER SECTION 8 HAP WITH FULL RENOVATION - MAGNOLIA VILLA WAS FORMERLY A 100% SECTION 8 HAP DEAL THAT WAS FORECLOSED ON AND SOLD AT AUCTION. THE PROPERTY WAS PURCHASED AND SUBSEQUENTLY RECEIVED THE HUD REQUIRED REHAB TOTALING OVER $2M IN RENOVATIONS. THE PROJECT COMPLETED ITS RENOVATIONS IN MID-FEBRUARY WITH 65% OF THE PROPERTY ALREADY OCCUPIED. INCLUDED IN THE REPAIRS FOR THE MAJORITY OF THE COMPLEX WERE NEW HVAC UNITS, NEW APPLIANCES, NEW CABINETS, NEW PLUMBING AND VENTILATION, NEW WINDOWS AND RE-WIRING OF ELECTRICAL. THE PROPERTY ALSO NOW HAS 8 ADA CERTIFIED HANDICAPPED UNITS.
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