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): April 30, 1998
Super 8 Motels III, Ltd., a California limited partnership
(Exact name of registrant as specified in its charter)
California 0-10134 94-2664921
(State or other (Commission (IRS Employer
jurisdiction File Number) Identification No.)
of incorporation)
2030 J Street, Sacramento, CA 95814
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 916-442-9183
N/A
(Former name or former address, if changed since last report)
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Item 5. Other Events.
Super 8 Motels III, Ltd., a California limited partnership (the
"Partnership") has entered into an agreement with Tiburon Capital Corporation
for the sale of its two motel properties. The purchase price is equal to
$2,900,000.
The sale of the properties is subject to several conditions, including the
approval by a majority-in-interest of the limited partners of the Partnership of
the sale. The Partnership has prepared and filed with the Securities and
Exchange Commission preliminary proxy materials, the definitive version of which
will be used to solicit the approval of its limited partners.
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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.
SUPER 8 MOTELS III, LTD.,
a California limited partnership
Date: May 27, 1998 By: Grotewohl Management Services, Inc.,
General Partner
By: /s/ Philip B. Grotewohl
Philip B. Grotewohl,
President
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