SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): August 13, 1996
COPLEY REALTY INCOME PARTNERS 1; A LIMITED PARTNERSHIP
(Exact Name of Registrant as Specified in its Charter)
Massachusetts
(State or Other Jurisdiction of Incorporation)
0-15430 04-2893293
(Commission File Number) (IRS Employer Identification No.)
399 Boylston Street, Boston, MA 02116
(Address of principal executive offices) (Zip Code)
(617) 578-1200
Registrant's Telephone Number, Including Area Code
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Item 2. Acquisition or Disposition of Assets.
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On August 13, 1996, Copley Realty Income Partners 1; A Limited
Partnership sold all of its interest in a property located at 3311 Meade
and 3542 Sirius Avenues, Las Vegas, Nevada to an unrelated third party,
for gross proceeds of $5,372,500. The terms of the sale were determined
by arms-length negotiation between the buyer and Copley Real Estate
Advisors, Inc., on behalf of the seller.
Item 7. Financial Statements and Exhibits.
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None
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this amendment to be signed on its
behalf by the undersigned hereunto duly authorized.
Date: August 19, 1996 COPLEY REALTY INCOME PARTNERS 1;
A LIMITED PARTNERSHIP
(Registrant)
By: First Income Corp.,
Managing General Partner
By: Wesley M. Gardiner, Jr.
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Name: Wesley M. Gardiner, Jr.
Title: Vice President