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 6, 1997
HUTTON/CONAM REALTY PENSION INVESTORS
(Exact name of registrant as specified in its charter)
New York 0-13330 11-2673854
State or other jurisdiction Commission IRS Employer
of incorporation File Number Identification No.
3 World Financial Center, 29th Floor
New York, NY Attn.: Andre Anderson 10285
Address of principal executive offices Zip Code
Registrant's telephone number, including area code (212) 526-3237
Item 2. Disposition of Assets:
On August 6, 1997, Hutton/ConAm Realty Pension Investors (the "Partnership")
closed on the sale of Chaparosa Apartments (the "Property"). The Property was
sold for net proceeds of $5,461,126 to Apple Residential Income Trust, Inc.
(the "Buyer"), which is unaffiliated with the Partnership. The selling price
was determined by arm's length negotiations between the Partnership and the
Buyer. The transaction resulted in a gain on sale of approximately $1.5
million, which will be reflected in the Partnership's statement of operations
for the period ending August 31, 1997.
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.
HUTTON/CONAM REALTY PENSION INVESTORS
Registrant
By: RPI REAL ESTATE SERVICES INC.
General Partner
Date: August 15, 1997 By: /s/ Paul L. Abbott
Director, President,
Chief Executive Officer and
Chief Financial Officer
