The Quality Inn & Suites Airport Hotel was purchased through the courthouse by TJM in 2011 for $800,000 and TJM immediately began renovating the property and guest rooms. Within 2 years of the renovation and operational set-up, TJM’s Quality Inn’s financials show a strong asset with positive cash flow. The purchase of this property was ideal given the proximity to the St. Pete-Clearwater International Airport as well as I-275.

2011 Purchase Price: $1,250,000
2017 Sales Price: $3,400,000