City of Detroit Planning and Economic Development Standing Committee Agenda 2026-06-25
City Considers Sale of 16 Homes to Investor
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Description
Detroit’s Planning and Development Department is considering selling sixteen City-owned residential homes to Price Rite Investments, LLC for $180,000 under a reverter arrangement. The properties span multiple streets, including Archdale, Rutland, Pickford, and Margareta.
Contract Details
Contract Amount
$180,000.00
Vendor
PRICE RITE INVESTMENTS LLC
Agency
City of Detroit, MI
Contract Type
FACILITIES
Document Date
June 25, 2026
Renewal Info
Single property disposition transaction; no renewal or extension terms are indicated.
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