FORM 8-K - CURRENT REPORT
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: August 15, 1997
ANGELES PARTNERS X
(Exact name of registrant as specified in its charter)
CALIFORNIA 0-10304 95-3557899
(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) (Zip Code)
Registrant's telephone number, including area code (864) 239-1000
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On August 15, 1997, Cardinal Woods Apartments located in Cary, North
Carolina, was sold to an unaffiliated party, New Plan Realty Trust for
$7,100,000. The Registrant used a portion of the proceeds from the sale of the
property to pay off the debt encumbering the property. The net proceeds will be
used to establish additional cash reserves for the Partnership.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(b) Pro forma financial information
The required pro forma financial information will be provided in the
Registrant's Quarterly report on Form 10-QSB for the quarter ended September 30,
1997.
SIGNATURES
Pursuant to the requirements of the Exchange Act, the Registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
ANGELES PARTNERS X
By: Angeles Realty Corporation
Its General Partner
By: /s/ Carroll D. Vinson
Carroll D. Vinson
President
By: /s/ Robert D. Long, Jr.
Robert D. Long, Jr.
Vice President/CAO
Date: September 5, 1997
