Grand Lucayan Resort Complex for Sale in Sealed Bid Auction

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"There are a number of investment opportunities for an interested buyer, from purchasing the resort in its entirety or looking at individual components," said Mike Sullivan , HVS Capital Corp. "Some of those options include expanding and/or relocating the casino, converting additional accommodations to an all-inclusive product or converting some accommodations to vacation or whole ownership."

Located 55 miles from the east coast of Florida , the Grand Lucayan Resort complex, totaling 1,271 guestrooms, includes four hotel elements: the 10-story 528-room Breaker's Cay tower; 198-room Lighthouse Pointe, newly renovated as all-inclusive; and 23 Lanai Suites—all with 12 food and beverage outlets and three swimming pools; plus the 522-room Memories Beach Resort (presently leased to a third-party operator).

"Baha Mar has garnered so much negative resort news for the Bahamas recently," remarked Stan Kozlowski , HVS Capital Corp. "Unlike that situation, we see significantly more favorable economic investment opportunities for Grand Lucayan, no matter what options a potential buyer may consider."

Other amenities include:

Details on the Grand Lucayan Resort including the Sealed Bid Auction are available at grandlucayanauction.com.