Investing in Potosi, Missouri: Exceptional Opportunity in Real Estate

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49 Beds | - Baths | 9,400 SqFt

820 E High St, Potosi, MO 63664

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Are you looking for a fantastic investment opportunity in the real estate industry? Look no further than Potosi, Missouri. This charming town in Washington County boasts a resilient and diverse economy that promises substantial returns on investment. One exceptional investment opportunity in Potosi is the Super 8 by Wyndham, a well-established and reputable hotel brand that offers 49 rooms with significant potential to maximize profitability.

The Super 8 by Wyndham in Potosi is ideally located at the intersection of three major state highways, ensuring high visibility with a daily traffic volume of 10,000-15,000 vehicles. As the only hotel in town, it enjoys a unique monopolistic advantage in the market. Additionally, the property is unencumbered by management and debt, providing a significant discount to replacement cost.

Furthermore, the Super 8 by Wyndham is located within an "OPPORTUNITY ZONE," which could provide substantial tax benefits to new owners. It is also situated only an hour's drive away from the economically and demographically expanding city of St. Louis, Missouri, with a growing population of 293,000. This location has high potential to drive Revenue per Available Room (RevPAR).

Investing in Potosi is not just about the Super 8 by Wyndham. The town's resilient and diverse economy is driven by sectors such as retail trade, educational services, and health care and social assistance. Despite a slight decrease in the job market by -0.1% over the last year, the predicted future job growth over the next decade is 18.3%, signaling a promising economic trajectory. Potosi also offers competitive tax rates, with a sales tax rate of 7.2% and an income tax rate of 5.9%, comparable to the national averages. These rates impact the cost of living and doing business positively, making Potosi an attractive place for investment.

Investing in Potosi means joining a community poised for growth and development. Whether starting a new business or expanding an existing one, Potosi offers a welcoming and supportive environment for your venture. The town's diverse economy, competitive tax rates, and promising economic trajectory make it an exceptional opportunity in the real estate industry. Don't miss out on this chance to invest in Potosi, Missouri.