UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K/A

AMENDMENT NO. 1 TO

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Original Report (earliest event reported): November 7, 2008

APPLE REIT NINE, INC.

(Exact name of registrant as specified in its charter)

(804) 344-8121

(Registrant’s telephone number, including area code)

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:

Apple REIT Nine, Inc. hereby amends Item 9.01 of its Current Report on Form 8-K dated November 7, 2008 and filed (by the required date) on November 12, 2008 for the purpose of filing certain financial statements and information. In accordance with Rule 12b-15 under the Securities Exchange Act of 1934, as amended, this Amendment No. 1 sets forth the complete text of the item as amended.

Bristol, Virginia – Courtyard Marriott

(Audited)

(Unaudited)

The below pro forma financial information pertains to the hotel referred to in the financial statements (see (a) above) and to a separate group of recently purchased hotels.

Apple REIT Nine, Inc. (Unaudited)

Not Applicable.

None.

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Report of Independent Auditors

Board of Directors

Apple REIT Nine, Inc.

We have audited the accompanying balance sheets of the Bristol, Virginia – Courtyard Marriot Hotel (the Hotel) as of December 31, 2007 and 2006, and the related statements of operations, cash flows, and owner’s equity for the years then ended. These financial statements are the responsibility of the Hotel’s former owner, Linden Hotel Properties, LLC. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted in the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. We were not engaged to perform an audit of the Hotel’s internal control over financial reporting. Our audits included 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 Hotel’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 financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Bristol, Virginia – Courtyard Marriot Hotel at December 31, 2007 and 2006, and the results of its operations and its cash flows for the years then ended in conformity with U.S. generally accepted accounting principles.

/s/ Ernst & Young LLP

Richmond, Virginia

December 10, 2008

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Bristol, Virginia – Courtyard Marriott Hotel

Balance Sheets

See accompanying notes.

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Bristol, Virginia – Courtyard Marriott Hotel

Statements of Operations

See accompanying notes.

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Bristol, Virginia – Courtyard Marriott Hotel

Statements of Cash Flows

See accompanying notes.

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Bristol, Virginia – Courtyard Marriott Hotel

Statements of Owner’s Equity

See accompanying notes.

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Bristol, Virginia – Courtyard Marriott Hotel

Notes to Financial Statements

December 31, 2007 and 2006

1. Nature of Business and Significant Accounting Policies

Nature of Business

The accompanying financial statements present the financial information of the Bristol, Virginia – Courtyard Marriott Hotel (the Hotel) as of December 31, 2007 and 2006, and for the years then ended. The Hotel was owned by Linden Hotel Properties, LLC (the Company), a Virginia Limited Liability Company that was formed for the purpose of acquiring, owning, and operating hotels. The Hotel commenced operations in February 2004 and has 175 rooms operating under the Marriott franchise in Bristol, Virginia. On November 7, 2008, the Company sold the Hotel to Apple REIT Nine, Inc., a Virginia Corporation, for $18,650,000, including the assumption of the mortgage payable.

Basis of Accounting

The financial statements have been prepared on the accrual basis in accordance with accounting principles generally accepted in the United States.

Cash and Cash Equivalents

The Hotel considers all highly liquid instruments purchased with maturities of three months or less to be cash equivalents.

Restricted Cash

Restricted cash balances consist of amounts held in escrow for furniture, fixtures, and equipment reserves and for the payment of insurance premiums and taxes.

Accounts Receivable

Accounts receivable are comprised of trade receivables due from guests of the hotel and credit card receipts yet to be processed from guests of the hotel. The Hotel records an allowance for doubtful accounts when collection is deemed doubtful. Management has determined that no allowance was considered necessary at December 31, 2007 and 2006.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

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Bristol, Virginia – Courtyard Marriott Hotel

Notes to Financial Statements (continued)

December 31, 2007 and 2006

1. Nature of Business and Significant Accounting Policies (continued)

Investment in Real Estate

Real estate is stated at cost, net of accumulated depreciation. Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets. Management estimates the useful lives of assets to be 39 years for buildings and improvements and 5 to 7 years for furniture, fixtures, and equipment.

Impairment of Long-Lived Assets

The Hotel’s management reviews the carrying value of tangible and intangible assets whenever significant events or changes in circumstances occur that might impair the recovery of these costs. Recovery is evaluated by measuring the carrying value of the assets against the associated future estimated cash flows. Management’s estimates of fair values are based on the best information available and require the use of estimates, judgment, and projections as considered necessary. As of December 31, 2007 and 2006, no impairment losses were recognized.

Revenue Recognition

Revenue is recognized as earned, which is generally defined as the date upon which a guest occupies a room or utilizes the hotel’s services.

Advertising costs

Advertising costs are expensed when incurred. Advertising expense for the years ended December 31, 2007 and 2006, was $68,872 and $93,337, respectively, which is included in sales and marketing expense in the accompanying statements of operations.

Income Taxes

The Hotel was owned by a limited liability company. The members of the Company separately accounted for the Hotel’s items of income, deductions, losses, and credits for federal and state income tax reporting.

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Bristol, Virginia – Courtyard Marriott Hotel

Notes to Financial Statements (continued)

December 31, 2007 and 2006

2. Investment in Real Estate

Investment in real estate at December 31, 2007 and December 31, 2006, consisted of the following:

Depreciation expense for the years ended 2007 and 2006 was $342,419 and $342,240.

3. Franchise Agreement

The Hotel operates as a Courtyard by Marriott under a franchise agreement. The Hotel is required to pay the franchisor a flat fee monthly for dues, software support, etc., and is required to pay franchise, marketing, and reservation service fees that are based on a percentage of gross room revenues. These fees totaled $417,185 and $354,367 for the years ended 2007 and 2006, respectively. Of these amounts, $238,149 and $205,151 are included in franchise and management fees for the years ended 2007 and 2006, respectively. The remaining amounts are included in sales and marketing expense and rooms expense.

The franchise agreement required an initial one-time fee of $70,400, which was recorded as an intangible asset. Amortization is calculated on a straight-line basis over 20 years, and began on the first day of operations.

Franchise fees at December 31, 2007 and 2006, consisted of the following:

Amortization expense for 2007 and 2006 was $3,520 in each period. The estimated aggregate amortization expense is $17,600 for the five succeeding fiscal years.

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Bristol, Virginia – Courtyard Marriott Hotel

Notes to Financial Statements (continued)

December 31, 2007 and 2006

4. Related Parties

The Hotel pays a monthly management fee of $9,600 to Linden Properties Management Co. (the manager), an affiliate of the Company. For the years ending December 31, 2007 and 2006, the fees were $115,200 each year. The hotel records an accrual for management fees each month; however, payment has not been made since the hotel opened. As of December 31, 2007 and 2006, the hotel has an accrued management fee payable balance due to the manager of $460,800 and $345,600, respectively.

5. Mortgage Payable

Mortgage notes payable at December 31, 2007 and 2006, consisted of the following:

The annual principal payment requirements are as follows:

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Bristol, Virginia – Courtyard Marriott Hotel

Balance Sheets

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Bristol, Virginia – Courtyard Marriott Hotel

Statements of Operations

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Bristol, Virginia – Courtyard Marriott Hotel

Statements of Cash Flows

The unaudited interim financial statements have been prepared in accordance with Article 10 of Regulation S-X. Accordingly, they do not include all of the information required by accounting principles generally accepted in the United States. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered for a fair presentation have been included. These unaudited interim financial statements should be read in conjunction with the Company’s audited financial statements as of and for the year ended December 31, 2007 included herein. Operating results for the nine month period ended September 30, 2008 are not necessarily indicative of the results that may be expected for the twelve month period ending December 31, 2008.

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Apple REIT Nine, Inc.

Pro Forma Condensed Consolidated Balance Sheet as of September 30, 2008 (unaudited)

(in thousands, except share data)

The following unaudited Pro Forma Condensed Consolidated Balance Sheet of Apple REIT Nine, Inc. gives effect to the following hotel acquisitions:

This Pro Forma Condensed Consolidated Balance Sheet also assumes all of the hotels had been leased to our wholly-owned taxable REIT subsidiaries pursuant to master hotel lease arrangements. The hotels acquired will be managed by affiliates of Texas Western Management Partners, L.P., Dimension Development Company, Gateway Hospitality Group, Inc. and LBAM-Investor Group, L.L.C., under separate management agreements.

Such pro forma information is based in part upon the historical Consolidated Balance Sheet of Apple REIT Nine, Inc. and the historical balance sheets of the hotel properties.

The following unaudited Pro Forma Condensed Consolidated Balance Sheet of Apple REIT Nine, Inc. is not necessarily indicative of what the actual financial position would have been assuming such transactions had been completed as of September 30, 2008, nor does it purport to represent the future financial position of Apple REIT Nine, Inc.

The unaudited Pro Forma Condensed Consolidated Balance Sheet should be read in conjunction with, and is qualified in its entirety by, the historical balance sheets of the acquired hotels.

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Balance Sheet as of September 30, 2008 (unaudited)

(In thousands, except share data)

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Notes to Pro Forma Condensed Consolidated Balance Sheet (unaudited)

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Apple REIT Nine, Inc.

Pro Forma Condensed Consolidated Statements of Operations (unaudited)

For the year ended December 31, 2007 and nine months ended September 30, 2008

(in thousands, except per share data)

The following unaudited Pro Forma Condensed Consolidated Statements of Operations of Apple REIT Nine, Inc. gives effect to the following hotel acquisitions:

These Pro Forma Condensed Consolidated Statements of Operations also assume all of the hotels had been leased to our wholly-owned taxable REIT subsidiaries pursuant to master hotel lease arrangements. The hotels acquired will be managed by affiliates of Texas Western Management Partners, L.P., Dimension Development Company, McKibbon Hotel Group, Inc., Gateway Hospitality Group, Inc. and LBAM-Investor Group, L.L.C., under separate management agreements.

Such pro forma information is based in part upon the historical Consolidated Statements of Operations of Apple REIT Nine, Inc. and the historical Statements of Operations of the hotel properties.

The following unaudited Pro Forma Condensed Consolidated Statements of Operations of Apple REIT Nine, Inc. are not necessarily indicative of what the actual financial results would have been assuming such transactions had been completed on the latter of January 1, 2007, or the date the hotel began operations nor do they purport to represent the future financial results of Apple REIT Nine, Inc.

The unaudited Pro Forma Condensed Consolidated Statements of Operations should be read in conjunction with, and is qualified in its entirety by the historical Statements of Operations of the acquired hotels.

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Pro Forma Condensed Consolidated Statement of Operations (unaudited)

For the nine months ended September 30, 2008

(In thousands, except per share data)

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Pro Forma Condensed Consolidated Statement of Operations (unaudited) (continued)

For the nine months ended September 30, 2008

(In thousands, except per share data)