*The Magnolias · Apartments for Rent

Experience the charm of downtown Fairhope in this well-maintained 1-bedroom, 1-bath available for lease. This inviting rental offers a functional floor plan with comfortable living spaces, making it an excellent option for those seeking a convenient, low-maintenance lifestyle. Located in the heart of downtown, the property provides convenient access to local shopping, restaurants, parks, the Fairhope Municipal Pier, and Mobile Bay. Enjoy all that downtown Fairhope has to offer while living in a thoughtfully maintained home. Rental Application Requirements Apply online at: www levelpmg com HOLDING FEE • A non-refundable holding fee equal to one month's rent is due within 24 hours of application approval. • This fee will hold the home for 14 days from the date of the application. • Once a lease is signed, the holding fee: - Removes the property from the market - Converts to the security deposit • This fee is non-refundable and non-transferable. APPLICATION PROCESS • All applicants 19 and older must apply individually. • Application fee: $75 per person (non-refundable) • Multiple applicants/roommates: Each must complete a separate application. • Applications are valid and transferable within 30 days. • Occupancy Limits: Must comply with HUD guidelines for the property. IDENTIFICATION REQUIREMENTS • A valid photo ID is required for each applicant. • Applicants without a Social Security Number must provide proof of permitted stay in the U.S., such as a valid U.S./INS visa. INCOME & CREDIT REQUIREMENTS • Credit Score: - Minimum 600 - No landlord collections or prior evictions accepted • Income: - Must be 3 times the monthly rent (Example: $1,500 rent requires $4,500 in monthly income) • Acceptable proof of income includes: 1. Recent paystub with YTD income, company name, applicant's name, and date 2. 1099 for self-employment 3. Most recent tax return 4. Documentation of child support, alimony, SSI, SDI, retirement, or pension 5. Employer offer letter with company name, applicant’s name, and date CRIMINAL & FINANCIAL BACKGROUND • Felony convictions are grounds for denial in the last 7 years for: - Violence, assault, battery, firearms, arson, or drug manufacturing/distribution • Sexual offenses: Any conviction regardless of when it occurred will result in denial • Bankruptcies: Must be discharged for 3 years CO-SIGNERS • Must meet all standard criteria • Must submit an application and pay the $75 application fee (non-refundable) RENTAL HISTORY • 2 years of verifiable rental history required - Must include prior landlord’s name, phone number, and email address - History must show: Timely payments, No noise/disturbance complaints, No unpaid NSF fees, damages, evictions, liens, or foreclosures • Prior homeownership is accepted as equivalent to rental history SERVICE/ SUPPORT ANIMALS • Must submit a separate application with: - A reasonable accommodation request - Documentation from a licensed medical professional APPLICATION TIMELINE • Processing time: Up to 1 week • Applications are processed in order received (once fully completed) • No processing on weekends or holidays • We will contact you for missing documents ADDITIONAL NOTES • If multiple applications are submitted for the same property, the first fully completed application will be considered. • Lease start date must be within 14 days of application approval. • Homes are rented in "as-is" conditio..