Oaks at Olde Towne

9 Chestnut Street, Gaithersburg, Maryland 20877

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Conveniently located near revitalized Olde Towne Gaithersburg, Maryland, The Oaks at Olde Towne offers the latest in affordable senior living for ages 62+. Attractive, one and two-bedroom apartments feature a kitchen with modern appliances, roomy closets, wall-to-wall carpeting and a private patio or balcony. Maintain peace of mind with our emergency response system and onsite management and maintenance, providing excellent customer service. Accessible apartments are available and small pets up to 35 lbs are welcome.

Enjoy a wide variety of amenities designed with you in mind. You can exercise in the fitness center, be pampered at the hair salon or relax in one of our many resident lounges from a library to a media room and more without ever leaving the building. Enjoy a number of social, educational and recreational events as well!

Located in Montgomery County, our senior apartments are nearby to the MARC train, Route 270 and the Intercounty Connector for quick access around the DC Metro area. Just across the street is the Gaitherstowne Plaza with retail stores, a dry cleaner and a veterinarian and nearby you will find many restaurants, specialty shops and the Lake Forest Mall. Residents may take advantage of transportation to shopping, medical appointments and the Gaithersburg Senior Center via the community van. Enjoy retirement living the way it should be at The Oaks at Olde Towne!

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Unit (Bd/Ba)	Ft²	Rent
The Oaks (1/1)	606	$949
The Pines (2/1)	865	$1,132

Eligibility for Oaks at Olde Towne

Oaks at Olde Towne Details

72 one and two bedroom units.
Water and Sewer utilities included in rent
Heat utility included in rent
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Elevator
Fitness Center
Library
Resident lounges
Barber Shop and Beauty Salon
Resident Activities

Unit Amenities

Cable Ready
Utilities Included
Patio Deck Or Balcony
Fully Equipped Kitchen
Wall-to-Wall Carpeting
Individual heating and cooling systems

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-5:00pm
Thursday	9:00am-5:00pm
Friday	9:00am-5:00pm

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.