March 8th, 2013 – Prairie Village, KS (Metro Kansas City) Leisure Real Estate Advisors, LLC, is pleased to announce the successful sale of the Hampton Inn hotel in Manhattan, KS. Leisure Real Estate Advisors represented the Owner, S & B Motels, Inc, in the transaction. A group of investors headed by RHW Management, Inc, based in Overland Park, KS purchased the 69 unit hotel for an undisclosed price. The listing price was $5,995,000. “Anytime we list a Hampton with substantial cash flow, we will get activity and we did”, comments Brent Jaynes, co-founder of Leisure Real Estate Advisors. He goes on to say, “In addition to the flag and the cash flow, Manhattan has been a very attractive hospitality market. All of the above factors played a role in this deal”.

The investment group will retain the flag and RHW Management will renovate the hotel in accordance with its new 10 year franchise agreement.

Leisure Real Estate Advisors, LLC is based in metro Kansas City and has a specialty concentration in the marketing and sale of hotels. It has branch offices in Lincoln, NE and Jefferson City, MO. Over its 13 year existence, the company has become one of the premier hotel brokerage firms in the central US. Mr. Jaynes further remarked, “This market has been transitioning from a distressed asset market to a cash flow market. We are glad to see the shift because it means the market and the pricing are beginning to stabilize.”

For more information on these investment opportunities or to discuss the investment market in general, please direct your questions to: