The DECO Apartments

Jones Lang LaSalle Americas, Inc. ("JLL"), a licensed real estate broker, is pleased to present The DECO, a charming class A offering consisting of 89 luxury homes in historic downtown Shakopee. DECO's rare urban-suburban oasis positioning presents residents with walkable access to bars, restaurants, and boutiques, while also providing immediate proximity to trails and parks, helping to make The DECO a resident's consensus choice when choosing a location in the city of Shakopee.

The DECO's superior quality is immediately apparent through it's unrivaled amenity package and premier home finishes. In addition to its main on main location, the property's community amenities provide spectacular opportunities for residents to relax, enjoy, and even entertain. Moreover, the Mana Brewery lease is not only accretive to the asset's revenue, but also provides residents with desirable on-site amenity retail.

Shakopee's high quality of life is underscored by its prime employment drivers, strong schools, and desirable entertainment options, establishing a clear demand tailwind for Shakopee living evident through its 28% population growth since 2010. An investor in The DECO is presented with a compelling opportunity today to leverage the area's demand tailwinds with the clear impending supply shortage, positioning the asset to unlock substantial pricing power and revenue growth, driving investment returns.

The DECO is offered for sale by its original developer, free and clear of existing debt, and at a significant discount to today's replacement cost, JLL invites offers from qualified investors who are interested in the prestigious asset.