Peruvian next up to buy Packard Plant after missed deadline
![Peruvian next up to buy Packard Plant after missed deadline Peruvian next up to buy Packard Plant after missed deadline](https://motorcitymuckraker.com/wp-content/uploads/2013/10/Packard_5919-701x431.jpg)
But will the Wayne County treasurer enforce the deadline and invalidate the bid of Chicago-area investor Bill Hults?
But will the Wayne County treasurer enforce the deadline and invalidate the bid of Chicago-area investor Bill Hults?
Some of the properties are abandoned and gutted, while others could fetch more than $85,000 in any other community.
Whoever wins the auction will inherit hefty costs, from demolition to a six-figure tax bill.
Up for bid: Beautiful colonial homes, abandoned factories, gas stations, churches, a hospital, countless boarded-up bungalows and ornate apartment buildings.
What Detroit lacks in luster, it makes up for in sweat.
The decision comes a day after the mayor said he has accepted the inevitability of Gov. Snyder appointing an emergency manager in Detroit.