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Hampton Inn - Manhattan, Kansas

PRICE REDUCED!! Hampton Inn is a highly sought brand and Manhattan is a great town. You will need to review the hotel's statements in order to appreciate this high cash flow offering.

Property Summary

Location 501 E. Poyntz
Manhattan, Kansas
Price $5,990,000
Rooms 72
Price Per Key $83,194
Property Type Limited service
Revenue Call or email for CA

Contact Listing Broker for More Details

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Executive Summary

This Hampton Inn offers high cash flow, recent room renovations and a recently completed "Perfect Mix" lobby renovation, at a cost of $145K.  It is not required by Hilton until late 2012.  There are very few Hampton Inns that have completed this required renovation.

Manhattan, KS is known for Kansas State University, featuring over 25,000 graduate students, undergrads and faculty.  The university is a major demand generator for the area.  However, Manhattan also features a great mix of business, university and military demand. 

Fort Riley is a large military installation only 15 miles from Manhattan It boasts an annual economic impact of over $600 million annually to the local economy.  In addtion, after an extensive competition with several other sites nationally, the Department of Homeland Security selected Manhattan as home for the National Bio & Agro-Defense Facility (NBAF).  This 650 million dollar, 500,000 sq. ft facility has broken ground and will bring a signficant impact to the area, including construction jobs, high paying technical jobs and the possiblity of attacting a number of support businesses to the area.

If you are looking for a top brand in a market with great cash flow, you should take a look at this offering.  (Note:  the lobby photos are of the old lobby.....new photos will be posted soon.)  Call or email for a CA

Additional Photos


Hotel Description

  • "Perfect Mix" lobby is completed and provides a fantastic "sense of arrival"
  • New case goods, flatscreen TVs. wallpaper. lamps, & soft seating installed in 2010.
  • Near all major university venues
  • Near Fort Riley with high per diem
  • Close to downtown
  • 3 floors, interior corridor
  • Executive Kings with sofa sleeper
  • One bedroon suite with kitchenette
  • Indoor Pool & Hot Tub
  • Fitness Center
  • Meeting room
  • Business Center in Lobby
  • Assorted Microwaves and Minifridges
  • 5 minutes to the new NABF facility

Contact Leisure Real Estate

Brent A. Jaynes
913-499-4731
bjaynes@leisurerealestate.com
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