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106 Hasler BlvdBastrop, TX 78602
Quality Inn Bastrop
Asset ClassHotel & Hospitality
# Keys44
Year Built: 1998Year Renovated: 2024Access Data Room
44-Key Quality Inn in Bastrop's SpaceX Growth Corridor
overview of deal

Overview

Avenue Advisors is pleased to present the 44-key Quality Inn Bastrop. Renovated in 2024, the property sits 7.4 miles from SpaceX's Starlink campus, leads its competitive set on occupancy, and is ideal for an owner/operator.

Investment Highlights

Bastrops' Industrial Growth Corridor The property is 7.4 miles from SpaceX's Starlink campus, where SpaceX announced its 11-million-square-foot Gigasat Factory in June 2026. The Boring Company's headquarters is 7.3 miles away, and Bastrop County's population grew more than 20% from 2020 to 2025.

 

Occupancy Leader with Rate Upside The hotel has led its competitive set on occupancy every year since 2023, averaging a 113.9% RevPAR index. With ADR below the set, rate is the clearest opportunity for new ownership.

 

Renovated, Minor PIP Expected

All areas were renovated in 2023 and 2024, so the change-of-ownership PIP is expected to be minor. New ownership can expect a new 20-year Choice franchise agreement.

 

Owner/Operator Scale At 44 keys, the hotel is sized for an owner/operator. It has earned about $1.1 million in rooms revenue in each of the past three years.

 

Austin Metro Access

State Highway 71 connects the property to Austin-Bergstrom International Airport (22 miles), Tesla Giga Texas (23 miles), and downtown Austin (32 miles).

Operating Performance

YE 2025
TTM August 2026
Occupancy
81.8%
81.6%
ADR
$89.66
$91.43
RevPAR
$73.31
$74.57
Rooms Revenue
$1,177,399
$1,197,588
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106 Hasler BlvdBastrop, TX 78602
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