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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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) MAY 15, 1995
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ASSOCIATED PLANNERS REALTY FUND,
A CALIFORNIA LIMITED PARTNERSHIP
(Exact name of registrant as specified in its charter)
CALIFORNIA 33-2032 95-4036980
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification Number)
5933 W. CENTURY BLVD. #900, LOS ANGELES, CA 90045
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (310) 670-0800
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(Former name or former address, if changed since last report)
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On May 15, 1995, the Shurgard Mini-Warehouse Facility located at 11315
Meridian South, Puyallup, Washington was sold to Shurgard Storage Centers, Inc.
("the Buyer"). The gross sales price was $1,550,000, although the Partnership
received $1,510,976 in net proceeds as a result of the transaction. This net
proceeds amount is calculated as the gross sale price of $1,550,000 less $23,486
in excise taxes paid to the State of Washington, less $4,332 in miscellaneous
escrow closing costs, less $11,206 in prepaid user rents, net of rent receivable
and property taxes, attributable to the Partnership. Net sales proceeds for tax
reporting purposes are $1,522,182.
The amount of consideration received from the sale of the building was
arrived at through an arms-length negotiation process with the Buyer. The sale
was consummated for all cash without the use of seller provided financing, or
other installment sale techniques.
The Buyer of the property is an affiliate of the original seller of the
property that the Partnership acquired the property from in 1987.
ASSOCIATED PLANNERS REALTY FUND, A CALIFORNIA LIMITED PARTNERSHIP
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
By: West Coast Realty Advisors, Inc.
A California Corporation, General
Partner
Date ---------------------------- --------------------------------------
William T. Haas
DIRECTOR AND EXECUTIVE VICE
PRESIDENT/SECRETARY
Date ---------------------------- --------------------------------------
Michael G. Clark
VICE PRESIDENT/TREASURER