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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 4, 1997
DEAN WITTER REALTY INCOME PARTNERSHIP I, L.P.
(Exact name of registrant as specified in its charter)
Delaware 0-13260 13-3174553
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
Two World Trade Center, New York, New York 10048
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 392-1054
(Former name or former address, if changed since last report)
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Item 5. Other Events
Valuation per Unit of Limited Partnership Interest
The Managing General Partner of the Partnership has estimated the
value per Unit of limited partnership interest at October 31, 1996 to be
$478. This value was based on appraisals of the Partnership's real estate
properties by Cushman & Wakefield, an independent appraisal firm, with
adjustments by the Managing General Partner for other Partnership assets and
liabilities. The values of the properties do not necessarily reflect the
amounts which could be obtained upon an immediate liquidation of the
properties. The value per Unit does not represent the market price for the
Units. In the limited market for resale of Partnership Units, a seller
would most likely receive a discount to the $478 value upon sale of the
Unit.
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.
DEAN WITTER REALTY INCOME PARTNERSHIP I, L.P.
By: Dean Witter Realty Income Properties I Inc.
Managing General Partner
By:
E. Davisson Hardman, Jr.
President
Date: April 4, 1997
