UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC
20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: November 22, 1996
NATIONAL PROPERTY INVESTORS II
(Exact name of registrant as specified in its charter)
CALIFORNIA 0-9138 13-2906846
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification
Number)
One Insignia Financial Plaza
Post Office Box 1089
Greenville, South Carolina 29602
(Address of Principal Executive Office)
Registrant's telephone number, including area code (864) 239-1000
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On November 22, 1996, National Property Investors II, a California limited
partnership (the "Partnership"), sold Sugar Mill Apartments located in
Melbourne, Florida, to an unaffiliated party, General Capital Corporation, a
Tennessee corporation. NPI Equity Investments, Inc. (the "Managing General
Partner") believed that the sale of the property was in the best interest of the
Partnership. The gross selling price of Sugar Mill Apartments was $5,247,000.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS
The Partnership has not received final closing documents for the sale
of Sugar Mill Apartments as of the date of this filing. The
Partnership will file an amended 8-K to include these Exhibits when
they are received.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Partnership has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
NATIONAL PROPERTY INVESTORS II
By: NPI EQUITY INVESTMENTS, INC.
Its Managing General Partner
By: /s/ William H. Jarrard, Jr.
President and Director
By: /s/ Ronald Uretta
Principal Financial Officer
and Principal Accounting Officer
Date: December 6, 1996
