The John Ross in the South River Blocks will start taking reservation on July 9th through July 17th by appoinment only and then will release the remaining units to the public on the 19th. They are not selling to investors at this time. A reservation is a non-binding agreement between both the buyer and the seller and is approved by the Oregon Department of Real Estate. Oregon law requires that any and all deposit monies made with a reservation are fully refundable, no questions asked, at any time requested. The reservations will be converted to binding contracts later in the year.
They’ll range in price from $199,000 to $4,000,000. Fully refundable deposits are $5000 for units under $300,000 and $10,000 for units over $300,000.
The building will be 31 stories!
We are not the listing office for the John Ross but can work with you as buyer’s agents.