« Hampton Inn Manhattan | 501 E. Poyntz | Manhattan, Kansas | USA
4501 College Blvd., Suite 205
Leawood, Kansas
USA
P: 913-894-5252
W: http://www.LeisureRealEstate.com/
Contact Brent Jaynes
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# of Rooms72
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CAP RateN/A
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MultiplierN/A
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Price Per Key$83,194
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Price$5,990,000
- Interest: Fee-Simple
- Number of Buildings: 1
- Number of Floors: 3
- Parking Spaces: Ample
- Climate Control: Available
- Posted By: Broker
- Property Type: Select-Service
- Interior Corridor: Available
- Hampton Inn for Sale with Price Reduction and High Cash Flow
- 72 Guest Room Kansas Hotel for Sale with New Case Goods and Flatscreen TVs Installed in 2010
- Amenities Include Indoor Swimming Pool, Indoor Hot Tub, Fitness Facilities, Meeting Room and Business Center
- 5 Minutes to the New NABF Facility
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.
This Manhattan hotel for sale offers high cash flow, recent room renovations and a recently completed "Perfect Mix" lobby renovation, at a cost of $145K. The renovation is not required by Hilton until late 2012. There are very few Hampton Inns that have completed this required renovation.
Manhattan, Kansas 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, 500,000 square foot 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 Confidentiality Agreement. You may also click the Confidentiality Agreement link on this page.
*note: Inquire for Financial Details
| Fitness Facilities | Available |
| Indoor Swimming Pool | Available |
| Indoor Hot Tub | Available |
| Meeting Room | Business Center |
| Breakfast Area | with Breakfast Bar |
| Guest Room Amenities | |
| Climate Control | Available |
| Television | Flat Screen Televisions |
| Microwave | Available |
| Refrigerator | Available |
| Iron & Ironing board | Available |
Kansas State University features over 25,000 undergraduate students, graduate students and faculty. It generates major hospitality demand in Manhattan, Kansas. This area also enjoys demand from business and military.
Fort Riley is a large military installation 15 miles from Manhattan. It has an annual economic impact of $600 million. Additionally, the Department of Homeland Security selected Manhattan, Kansas as home for the National Bio & Agro-Defense Facility (NBAF). The $650 million, 500,000 square foot facility has broken ground and will bring a significant and positive economic impact to the area. It will provide construction jobs, high paying technical jobs and the possibility of attracting a number of support businesses to the area.
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