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FACILITIESPENDING

City of Detroit Agenda 2026-06-16

City proposes sale of 16 residential homes to investor

$180,000.00City of DetroitPRICE RITE INVESTMENTS LLCJune 16, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Detroit’s Planning and Development Department is seeking Council approval to sell 16 City-owned residential homes to Price Rite Investments LLC for $180,000 under a reverter structure. The sale covers properties across multiple Detroit neighborhoods.

Contract Details

Contract Amount

$180,000.00

Vendor

PRICE RITE INVESTMENTS LLC

Agency

City of Detroit, MI

Contract Type

FACILITIES

Document Date

June 16, 2026

Renewal Info

One-time property disposition via reverter; no renewals applicable.

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