Deco - Madison, WI

Jones Lang LaSalle Americas, Inc. ("JLL"), a licensed real estate broker, is pleased to present Deco, a 173-home mid-rise apartment community located on the West Side of Madison, Wisconsin. Built in 2016, Deco offers well-appointed studio, one- and two-bedroom homes averaging 922 SF, featuring granite countertops, wood-style plank flooring, in-unit washers and dryers, and balconies or patios throughout. Residents enjoy a robust amenities package including a heated pool and sundeck, fitness center, community room, dog park, underground parking, and storage lockers. The property also includes ~7,700 SF of fully-leased ground-floor retail including a salon and masseuse. Deco offers investors immediate income upside through the launch of new revenue streams including utilities and cable/internet billback and parking fees all currently included in base rent.

Located on the west side of Madison proper and one mile south of Middleton, Deco is a short five minute drive from West Towne Mall and less than 15 minutes from UW-Madison, downtown Madison, and major Dane County employers, with immediate access to the Junction Road retail corridor. Madison is not only the state capital but one of the Midwest's most resilient economies—anchored by Epic Systems, UW-Madison (Time’s #2 US Public University, 2026), UW Health, and American Family Insurance. Time Magazine ranked Madison #5 Best College Town in America and #6 Best Place to Live in the U.S. for Quality of Life in 2026.

Deco presents the unbeatable opportunity to acquire a strong-performing, well-located mid-rise property of scale in Madison offered with a $28M assumable HUD loan an attractive 2.9% rate. For additional scale, Deco is available to purchase with its sister property, The Foundry, an 82-home mid-rise community built in 2016 that is located 7 minutes away and features a fully entitled, 143-unit development parcel.