Look at what potential Packard owner also bought in Detroit

Bill Hults, a Chicago-area developer who is next in line to buy the abandoned Packard Plant for $2 million, purchased 17 adjacent houses and buildings at the Wayne County tax-foreclosure auction, county records show.

County officials are giving Hults until later today to come up with a $100,000 nonrefundable deposit for the east-side plant after the original winner failed to show an ability to pay.

While Hults was bidding on the Packard, which started at $22,000, he also was gobbling up dilapidated homes and buildings near the plant during the auction, which ended Friday.

Hults paid ,000 for 17 properties.
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They ranged from an $18,000 abandoned liquor store to a dozen $500 homes and buildings.

Today, we took a look at those properties. Here they are:

1651 E. Grand Blvd., $1,000

6407 Gratiot Ave., $18,000

1320 E. Grand Blvd., $500

1184 E. Grand Blvd., $500

7025 Theodore, $500

1184 E. Grand Blvd., $500

7025 Theodore, $500

1456 E. Grand Blvd., $600

1481 E. Grand Ave., $800

6156 Frontenac, $500

Check out Why Don’t We Own This? for more on the auction.

Steve Neavling

Steve Neavling lives and works in Detroit as an investigative journalist. His stories have uncovered corruption, led to arrests and reforms and prompted FBI investigations.

Look at what potential Packard owner also bought in Detroit

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Steve Neavling

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