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) July 20, 1995
HUTTON/CONAM REALTY INVESTORS 3
(Exact name of registrant as specified in its charter)
California 0-11769 13-3176625
(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 July 20, 1995, Hutton/Conam Realty Investors 3 (the "Partnership") closed on
the sale of Country Place Village II (the "Property"). The Property sold for
$3,890,000 to an institutional buyer (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 loss on
sale for the Property of approximately $88,000 which will be reflected in the
Partnership's statement of operations for the period ending August 31, 1995.
The General Partners intend to distribute most if not all of the net sale
proceeds in the third fiscal quarter of 1995.
Item 7. Financial Statements and Exhibits:
(a) Financial statement of businesses acquired.
Not applicable
(b) Pro forma financial information.
The Partnership is currently unable to provide complete proforma financial
information required as a result of the above transaction. This financial
information will be included in an amendment to this Form 8-K which will be
filed as soon as practicable, but no later than 60 days after the due date
hereof.
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 INVESTORS 3
Registrant
By: RI 3-4 Real Estate Services, Inc.
General Partner
By: /s/ Paul L. Abbott Date: August 4,1995
--------------------
Name: Paul L. Abbott
Title: Director, President, Chief Executive Officer
and Chief Financial Officer
