Condominium Cost

Each River City will have 185-200 condominiums. These living spaces range from 528 to 924 ft² with larger custom designs also available. These are fixed costs you pay once for the purchase of your home.

In addition to the purchase price, residents share in the cost of general upkeep of the grounds and structure as well as the costs of fuel, staff salaries, insurance and docking fees. These shared expenses are based on the size of your condominium.

The following table shows the purchase price for condominiums on the Marquette and the estimated annual expense for the first year of operation.

Half ownership condominiums are completely furnished except for linens.

Full Ownership Half Ownership
Size Purchase
Price
Annual
Expense
Purchase
Price
Annual
Expense
per ft² $25.00 $12.50
528 ft² $299,000 $13,200 $161,000 $6,700
660 ft² $362,000 $16,500 $193,000 $8,350
748 ft² $404,000 $18,700 $215,000 $9,450
924 ft² $499,000 $23,100 $264,000 $11,650

The purchase prices listed above are the estimated starting prices of the unit. Actual final prices will depend on location aboard and future construction contingencies. To learn more about final pricing please speak with a sales representative.

Purchasing Information

River Cities is a pioneering concept. For the sake of proving the concept prior to buyer investment, we will sell to a sales target before we begin construction of our vessel.

River Cities will take reservations for any custom designed unit. Location aboard can be guaranteed for custom designed condominiums at the time of making a reservation.

In addition, standard units listed in the table above can be reserved. However, their location cannot be guaranteed until the sales target has been met and final deck plans are determined. Once the sales target is met and the vessel designed, buyers of standard size units will be able to choose the location of their condominium on a first come - first served basis (Those buyers that have signed on earlier, will be given first choice of location aboard)

Prospective buyers are asked to make a non-binding earnest money purchase agreement for $5,000. Your earnest money will be fully refundable at any time and for any reason. An earnest money agreement will demonstrate your genuine interest in joining our community.

Call River Cities Sales today to reserve your space onboard River Cities.
1-866-891-2503
651-344-5975

[]
River Cities Inc.
100 Harriet Island Rd.
St. Paul, MN 55107

1-866-891-2503
651-344-5975
info@rivercitiescondos.com

© Copyright, River Cities Inc., 2005-2006, All Rights Reserved
Boat and plan specifications subject to change without notice.