Is this where prices will end for OZ houses almost buy one take one:
645 @7.100 each.
Former yacht dealer Bill McMachen bought every home at the Macomb County auction in Michigan, paying a total of $4.55 million for the swag of properties, Detroit News reports.
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There are around 400 family homes in the package which includes commercial and industrial real estate. But with many of the properties in a dilapidated state, Mr McMahen expects to make just $2 million profit off the entire transaction.
The homes he can't sell he will reportedly give away to charitable organisations.
Not everybody is happy about the deal after the 300 investors who registered for the auction were turned away.
One investor told Fox News he would have paid four times the amount Mr McMahen paid for one of the properties.
But Macomb county treasurer Ted Wahby defended the mass sell-off, saying by offloading the mixed bag of properties together the county would not be stuck with properties it could not sell.
"By packaging the good with the bag, it's in the centre for somebody to come in and buy it all," Mr Wahby told Fox News.
Mr McMahen said since buying the homes he had received a flood of emails from would-be buyers.