TJM Purchased The Plaza at Pembroke Park from an out of state owner/operator in 2012. At the time of the purchase the occupancy at the property was 69%. After the purchase, TJM immediately renovated the property including guest rooms, common area, and all exterior portions. By the time of the sale the occupancy at the property had risen to over 90%.
2012 Purchase Price: $4,328,466 2012 Sale Price: $9,425,792