Property Of The Week

11.10.21

French Leave Resort Autograph Collection Hotel in Governors Harbour, Eleuthera, offers the unique opportunity to acquire a luxury hotel on one of the most highly visited islands in The Bahamas. With in-place name recognition, a well-established reputation for service and style, and the opportunity to acquire franchising and branding rights through Marriott, this investment opportunity offers investors significant upside along with the right to exercise the option to operate the hotel as a sole proprietor.

Built in 2015, French Leave Resort Autograph Collection Hotel is situated on 8.23 harbourfront acres and consists of a total of 20 Villas averaging 700 sq. ft. with a unit mix of 13 studios, two 2-bedroom villas, and a 4-bedroom villa with a private pool. On-site amenities and additional revenue streams include the 1648 Bar & Grill, the only fine-dining establishment in Governors Harbour; a fitness center; gift shop/reception area; an events plaza/lawn; a wedding pavilion; two mega yacht slips and one ski dock; a laundry facility and a water treatment plant. The property was also granted a 15-year property tax exemption under the Hotel Encouragements Act that is applicable through 2030.

The opportunity exists to add more villas on-site or to acquire the adjacent land parcels on the Atlantic Beach side of the property for development into a sizeable luxury condo-hotel resort that would complement the existing hotel.

French Leave Resort Autograph Collection Hotel is approximately 240 miles east of South Florida. Direct daily flights into Governors Harbour are available from several major U.S. cities, as well as from Nassau’s Lynden Pindling International Airport. Pre-pandemic occupancy levels for the hotel were steady at 80% during the winter season. Financial details and operating statements are available upon request.