Attractions To See -Prescott Michigan
Prescott Michigan is the home of many splendid things — we know it, because we live here. Beautiful scenery, majestic lakes, fabulous food, quirky locales and hidden gems just barely scratch the surface of what Prescott Michigan has to offer.
We asked staff members of the Prescott Press to share some of the best things to see and do in Michigan, based on our personal experiences. Here are 50 ideas you may want to add to your bucket list if you visit Prescott, MI.
Think we missed something? Add your bucket list item here and be sure to explain why it’s great.
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If you live in Ann Arbor or will be in the area and are looking for something to do, you should make it a point to visit the Ann Arbor Hands On Museum. Instead of visiting a mindless tourist attraction, why not visit an attraction where you can actually learn something. If this sounds like something that you would be interested in , you should read on.
The Ann Arbor Hands On Museum has over 250 exhibits to both educate and entertain you. The exhibits are too numerous to list but I will name just a few. One exhibit is the Lights and Optics Gallery. In this exhibit visitors can explore the world of light including shadows, colors and even lasers. through the use of hands on displays. Another exhibit is Waste to Watts. Here visitors can learn how new technology will allow us to turn waste into usable energy. Learn how methane gas can be pulled from landfills which will reduce our dependence on other fuel sources. In addition to these exhibits there are countless others which are designed to teach you about a wide range of topics from math to nature to physics.
If you would like to visit the museum you can find it at 220 East Ann Street in Ann Arbor, Michigan. Hours are from 10 to 5 from Monday to Saturday and 12 to 5 on Sundays. Admission to the museum kids only $7 but it is free for children under the age of 2. Special pricing is available for large groups. For more information you can call the museums information line at 734-995-5439.
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In the depressed Michigan housing market, investors are now able to buy bank owned properties for les than 25 cents on the dollar. Once re-habbed, the houses are HUD-appraised. If such a home is purchased by a senior, 62 or older, who is approved for a reversed mortgage, this senior can now be a proud home owner without ever having to make house payments again. The investors are willing to provide a private mortgage or land contract on the home while the senior obtains the reverse mortgage.
Isn't this a great program?! A senior with job loss or income reduction can now own a home without making any mortgage payments*. This senior can now not only be a proud home owner, but also increase his or her financial independence and have cash available for a higher style of living.
*The senior still has an obligation to pay for home insurance and property taxes.
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Does commercial real estate in southeast Michigan offer the most outstanding investment potential anywhere in the country right now? Some investors think so. When the great recession fully took hold in late 2008, the entire real estate market, both locally and nationally, plummeted in price creating a once in a lifetime opportunity for all cash investors. There have been a handful of high-profile transactions in the past few months with the promise of more to come in 2012. The buyers range from out-of-town value seekers to savvy local investors. Here are two examples:
West Tech Park is one of the premiere R&D/Flex developments in the suburban west side market. It sits prominently at the corner of Haggerty Road and the busy I-696/I-275 Interchanges in Farmington Hills, Michigan. Totaling nine (9) buildings, and over 278,000 SF in size, it was originally developed in the late 1980's by a partnership of well-known local developer REDICO and TIAA-CREF, the giant teacher's pension fund in New York. West Tech Park has had a few other prominent owners over the years, including Pennsylvania based Liberty Property Trust, Iowa based Principal Life Insurance Company and of late, ETC Capital LLC, which is backed by local 5-Hour Energy entrepreneur Manoj Bhargava. ETC Capital was able to acquire West Tech Park for $8.5 million, or $30 per square foot. This is less than 50% of the cost to construct the property back in 1987, when asking rents alone topped the market at $12.00 to $13.00 per square foot. Now granted, the new Landlord will have to invest additional dollars to maintain the property and outfit it for new tenants (the property was only 32% occupied at the time of purchase according to CoStar.com), but ETC Capital will be competing for those tenants with a base investment significantly lower than many of the competing area properties. Bhargava, through another entity, recently purchased a modern Plymouth Township building formerly occupied by Johnson Controls for a mere $22 per square foot. Again, this just is a fraction of the cost to construct this building back in 1996. One can only conclude that Bhargava knows great value when he sees it, and believes in the long-term prosperity of Metro Detroit.
The unprecedented swoon in the commercial real estate market has created a once in a lifetime opportunity for value investors. It's time to buy commercial property in Detroit!