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.
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).