GILFORD — Applications are now being accepted for Gilford Village Knolls III, located at 43 Potter Hill Road in Gilford, which is nearing completion and will provide 24 brand new apartments available for those age 62 and over.

Owned and developed by Gilford Village Knolls Inc. and Lakes Region Community Developers and managed by Stewart Property Management, the new complex has the distinction of being the state’s first affordable multifamily complex to meet the passive house performance standard. A 344-panel solar array has been installed that is expected to generate 109,700 kilowatt hours of solar power each year, which will result in a cost savings of over $600,000.

This construction standard focuses on having nearly airtight construction to manage comfort and moisture, extremely high-performance windows and exterior doors, solar panels that address the needs in both summer and winter, and energy recovery ventilation and finely tuned heating and cooling system

This senior living complex offers one-bedroom suites with rents starting at $710. All utilities are included in the rent. The energy efficient building has central air conditioning, a community center, and on-site laundry facilities. Each apartment features maple kitchen cabinets and the complex offers some handicapped units and are designed with accessibility in mind. The building is located on a beautiful and private street that is within close proximity to the beautiful and scenic Lake Winnipesaukee. Located close to most services and within walking distance of the Gilford Library. The complex also offers residents the assistance of a part-time on-site resident service coordinator.

Stewart Property Management, headquartered in Bedford, reports that the apartments are estimated to be ready for occupancy by July and are now accepting applications. The Stewart Property Management team will assist each potential resident and guide them through the application process. Applications and more information are available at www.StewartProperty.net/GilfordVillage, or by calling 603-524-6673.

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