UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K/A

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): November 2, 2012

PLYMOUTH OPPORTUNITY REIT, INC.

(Exact name of registrant as specified in its charter)

Commission File Number: 333-173048

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Item 2.01  COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS

On August 20, 2012 Plymouth Opportunity REIT, Inc. filed a Current Report on Form 8-K regarding the acquisition of a 51.5% equity interest in a 23 building, 270 unit multifamily complex located in Riverdale, a suburb of Atlanta, Georgia. The Company hereby amend the Form 8-K dated August 20, 2012 to provide the required financial information related to its acquisition of the 51.5% equity interest referenced therein.

Item 9.01.  FINANCIAL STATEMENTS AND EXHIBITS

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on our behalf by the undersigned, hereunto duly authorized.

PLYMOUTH OPPORTUNITY REIT, INC.

By: /s/ Jeffrey E. Witherell   

Jeffrey E. Witherell,

Chief Executive Officer and Chairman of the Board of Directors

Dated: November 2, 2012

Index to Financial Statements

 Independent Auditors’ Report

The Board of Directors and Stockholders
Plymouth Opportunity REIT, Inc.:

We have audited the accompanying statement of revenue and certain expenses of Wynthrope Forest (the Property), for the year ended December 31, 2011. This statement of revenue and certain expenses is the responsibility of the management of Plymouth Opportunity REIT, Inc. Our responsibility is to express an opinion on the statement of revenue and certain expenses based on our audit.

We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the statement of revenue and certain expenses are free of material misstatement. An audit includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Property’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the statement, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall statement of revenue and certain expenses presentation. We believe that our audit provides a reasonable basis for our opinion.

The accompanying statement of revenue and certain expenses of the Company was prepared for the purpose of complying with the rules and regulations of the U.S. Securities and Exchange Commission and for the inclusion in a Form 8-K/A of Plymouth Opportunity REIT, Inc., to be filed with the Securities and Exchange Commission, as described in note 1.It is not intended to be a complete presentation of the Property’s revenue and expenses of the Company.

In our opinion, the statement of revenue and certain expenses referred to above presents fairly, in all material respects, the revenue and certain expenses, as described in note 1, of the Property for the year ended December 31, 2011, in conformity with U.S. generally accepted accounting principles.

/KPMG/

Boston, Massachusetts

November 2, 2012

Wynthrope Forest Apartments
Statements of Revenues and Certain Expenses

(in thousands)

See accompanying notes to statements of revenue and certain expenses.

Wynthrope Forest Apartments

Notes to Combined Statements of Revenue and Certain Expenses

Six-month period ended June 30, 2012 (unaudited) and the
year ended December 31, 2011

The accompanying statements of revenue and certain expenses include the revenue and certain expenses of the Wynthrope Forest (“the Property”). The property, which was acquired August 17, 2012 by a joint venture with Colony Hills Capital of which Plymouth Opportunity REIT Inc. and its subsidiaries (“the Company”) is a 51% partner. The Property is a 270 unit apartment community located in Riverdale, Georgia, comprised of 23 buildings with a mix of one, two and three-bedroom floor plans.

The accompanying statements of revenue and certain expenses has been prepared for the purpose of complying with Rule 3-14 of Regulation S-X of the U.S. Securities and Exchange Commission (Commission) for the acquisition of one or more real estate properties which in aggregate are significant and, accordingly, are not representative of the actual results of operations for the periods presented. The statements of revenue and certain expenses exclude the following expenses that are not comparable to the proposed future operations of the Property: (i.e. existing interest on mortgage loans, depreciation and amortization, management fees and other costs not directly related to the proposed future operations of the Property). Additionally there has been no adjustment to the real estate tax expense for any potential change to the tax assessment as a result of the proposed transaction.

The Company is not aware of any material factors relating to the Property, other than those described in the statements of revenue and certain expenses, that would cause the reported financial information not to be necessarily indicative of future operating results.

Rental revenue is reported on an accrual basis over the term of the respective leases, which are typically one year or less. Other revenues include utility reimbursements, leasing related revenue, laundry and parking garage income.

The Company has made a number of estimates and assumptions relating to the reporting and disclosure of revenue and certain expenses during the reporting period to prepare the statements of revenue and certain expenses in conformity with U.S. generally accepted accounting principles. Actual results could differ from those estimates.

The statements of revenue and certain expenses for the six-month period ended June 30, 2012 is unaudited. In the opinion of the Company, such statement reflects all adjustments necessary for a fair presentation of revenue and certain expenses in accordance with the Commission’s Rule 3-14 as described in note 1, for this period. All such adjustments are of a normal recurring nature.

The Company has evaluated subsequent events related to the Property for recognition or disclosure through November 2, 2012, which is the date the statements of revenue and certain expenses was available to be issued and determined that there are no material subsequent events that would require disclosure.

Plymouth Opportunity Reit, Inc.

Pro Forma Consolidated Balance Sheet

June 30, 2012

(unaudited)

The Following unaudited pro forma Consolidated Balance Sheet is presented as if the acquisition had occurred on June 30, 2012.

This unaudited pro forma Consolidated Balance Sheet is not necessarily indicative of what the financial position would have been at June 30, 2012, nor does it purport to represent our future financial position. Pro forma adjustments have been made for the significant property that was purchased and financed subsequent to June 30, 2012. The pro forma adjustments were made for Wynthrope Forest.

The Company does not consider any potential property acquisitions to be probable under Rule 3-14 of Regulation S-X.

See accompanying notes to pro forma consolidated balance sheet.

plymouth opportunity reit, inc.

Notes to Pro Forma Consolidated Balance Sheet

June 30, 2012

plymouth opportunity reit, inc.

Pro Forma Consolidated Statement of Operations

For the six months ended June 30, 2012

(unaudited)

The following unaudited pro forma Consolidated Statement of Operations is presented to give effect to the acquisition or financing of the property indicated in Note (B) of the Notes to the pro forma Consolidated Statement of Operations as though it occurred on January 1, 2012. Pro forma adjustments have been made for significant properties that were purchased subsequent to December 31, 2011. The pro forma adjustments were made for Wynthrope Forest Apartments.

This unaudited pro forma Consolidated Statement of Operations is not necessarily indicative of what the actual results of operations would have been for the six months ended June 30, 2012, nor does it purport to represent our future results of operations.

See accompanying notes to pro forma consolidated statement of operations.

plymouth opportunity reit, inc.

Notes to Pro Forma Consolidated Statement of Operations

For the six months ended June 30, 2012

(unaudited)

For the six months ended June 30, 2012, the Company has recognized $282,468 of equity income based on their 51.5% percent share.

plymouth opportunity reit, inc.

Pro Forma Consolidated Statement of Operations

For the year ended December 31, 2011

(Unaudited)

The following unaudited pro forma Consolidated Statement of Operations is presented to give effect to the acquisition or financing of the property indicated in Note (B) of the Notes to the pro forma Consolidated Statement of Operations as though it occurred on January 1, 2012. Pro forma adjustments have been made for significant properties that were purchased subsequent to December 31, 2011. The pro forma adjustments were made for Wynthrope Forest Apartments.

This unaudited pro forma Consolidated Statement of Operations is not necessarily indicative of what the actual results of operations would have been for the year ended December 31, 2011, nor does it purport to represent our future results of operations.

See accompanying notes to pro forma consolidated statement of operations.

plymouth opportunity reit, inc.

Notes to Pro Forma Consolidated Statement of Operations

For the year ended December 31, 2011

(unaudited)

For the twelve months ended December 31, 2011, the Company has recognized $565,440 of equity income based on their 51.5% percent share.