8292 ASHTON Avenue Detroit, MI 48228 3160

This property is sold as a bundle of 5 homes with 1 vacant lot. 8262 Ashton (vacant lot), 8292 Ashton, 8270 Ashton, 8413 Ashton and 8304 Rosemont =Totaling 20,000. Not sold separately. Buyer has the option to purchase 8284 Ashton at no price increase or reduction. Great for experienced investors. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. Please see attached documents for DLBA guidelines.