Look at what potential Packard owner also bought in Detroit

Packard_6316Bill 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 $44,000 for 17 properties. 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 Ave.

1651 E. Grand Blvd., $1,000

6407 Gratiot

6407 Gratiot Ave., $18,000

1320 E. Grand Blvd.

1320 E. Grand Blvd., $500

1184 E. Grand Blvd.

1184 E. Grand Blvd., $500

7025 Theodore

7025 Theodore, $500

1184 E. Grand Blvd

1184 E. Grand Blvd., $500

7025 Theodore

7025 Theodore, $500

1456 E. Grand Blvd.

1456 E. Grand Blvd., $600

1481 E. Grand Ave.

1481 E. Grand Ave., $800

6156 Frontenac

6156 Frontenac, $500

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

Other auction stories:

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.

  • John Golembiewski

    Hmmm, is he going to compete with Matty Moroun?

    • bdcanuck

      Nope. He does infill housing in Chicago. He’s looking to do the same thing here.