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):
November 6, 1997 (October 23,1997)
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RANCON REALTY FUND III,
A CALIFORNIA LIMITED PARTNERSHIP
(Exact name of registrant as specified in its charter)
California 0-13157 33-0023868
(State or other (Commission (IRS Employer
jurisdiction of File Number) I.D. Number)
incorporation)
400 South El Camino Real, Suite 1100, San Mateo, California 94402
(Address of principal executive offices)
Registrant's Telephone number, including area code: (650) 343-9300
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Item 2. ACQUISITION OR DISPOSITION OF ASSETS
On October 23, 1997, Rancon Realty Fund III, a California Limited Partnership
("the Partnership"), sold Civic Center II, a 17,750 square foot office building
located at 8280 Utica Avenue in Rancho Cucamonga, California to Scottsdale
Financial, an unrelated party, for $750,000. The sale proceeds were used to pay
settlement and other closing costs with the remaining net proceeds of $683,000
added to the Partnership's cash reserves.
Item 7. FINANCIAL STATEMENTS
As of the date of filing of this Current Report on Form 8-K, it is impracticable
for the Partnership to provide the financial statements required by Item 7 (b)
(1) of Form 8-K. In accordance with Item 7 (a) (4) of Form 8-K, the Partnership
will file such financial statements through a Current Report Form 8-K/A no later
than 60 days after November 6, 1997.
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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.
RANCON REALTY FUND III,
A CALIFORNIA LIMITED PARTNERSHIP
(Registrant)
Date: November 6, 1997 By: /s/ Daniel L. Stephenson
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Daniel L. Stephenson
General Partner and Director, President, Chief
Executive Officer and Chief Financial Officer of
Rancon Financial Corporation, General Partner of
Rancon Realty Fund III, a California Limited
Partnership
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