720 Deforest Street

Jefferson Square is a 55+ Life Lease community for independent seniors. $282,700.00 is due at closing for this unit, but you receive up to 90% of that back when you move out. You own the right to live there as long as you like--we just need 30-day notice if you plan on leaving. Customizable; make this unit yours! We are conducting extensive renovations on our units as they turn over. You choose LVP flooring patterns, cabinets, countertops, and paint colors. We offer residents the opportunity to improve their units further by upgrading appliances, electrical & plumbing fixtures, and other features. Our 2-bedroom / 2-bathroom units flow nicely from the entryway to the kitchen and dining area, then to the living room (with gas fireplace) and into the sunroom. Our main bedrooms feature a private bathroom. Our units are designed for an aging population. All doorways are 36" wide, there are no stairs, and (much like a condo) we take care of lawn care, snow removal, property taxes, and property insurance through a monthly fee. However, (much like renting), we also maintain everything in your unit. If a furnace goes out, a fixture fails, a window breaks, or a switch stops working, we take care of it as part of the monthly services fee. We are a non-profit entity, which enables us to keep our rates very competitive for the services we offer. Our resident-driven community is full of wonderful people with ample social opportunities. Looking to be more involved? We have a resident advisory committee, a landscaping committee, and a social committee for those who enjoy being proactive about involvement and change in their community. DeForest is located 15 minutes from Madison, which makes it an ideal location for independent seniors. Use the resources of Madison without paying the taxes of Dane County. According to WalletHub, In 2023 Madison ranks 11th in the country for healthcare quality, and is 5th for seniors' quality of life. We are a life-lease community, which is a hybrid of renting and owning. To buy into the agreement, the total cost is $282,700. We require a $5,000 deposit and the remaining $277,700.00 is due at closing for this unit, but you receive up to 90% of that back when you move out. You own the right to live there as long as you like--we just need 30-day notice if you plan on leaving. There is a monthly service fee of $540. For that you receive regular maintenance (if anything breaks, we are responsible for repairs including appliances, fixtures, furnace/AC, etc.), 24/7 emergency maintenance, paid property insurance, paid property taxes, administrative/maintenance staff, property services, and municipal services. Residents pay for utilities and we encourage pets.

Amenities

Dishwasher

Dryer

Rooms