SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported)
December 31, 1997
CUMBERLAND HEALTHCARE, L.P. I-A
(Exact name of registrant a specified in its charter)
Delaware 0-16415 59-2660778
(State or other jurisdiction (IRS Employer (Commission
of incorporation) File Number) Identification No.)
880 Carillon Parkway, St. Petersburg, Florida 33716
(Address of Principal executive offices)
Registrant's telephone number (813) 573-3800
INFORMATION TO BE INCLUDED IN THE REPORT
Item 1. Not Applicable
Item 2. The Registrant's partnership, Cumberland Healthcare,
L.P. I-B, entered into a Purchase and Sale Agreement with Public
Hospital District No. 2 of Clallam County ("Hospital"), pursuant
to which Hospital agreed to purchase one nursing home. The
purchase price was two million eight hundred thousand dollars
($2,800,000). The transaction was consummated on December 31,
1997. The Hospital home consists of a facility with 60 skilled
beds and 24 assisted living beds. The facility is known as
Olympic Healthcare.
(a) The purchase price, after mortgage pay-off, co-owner
split and closing cost deductions, was paid by federal funds wire
transfer to the Registrant.
After the closing, the Registrant does not own interest in
any other property.
There is no material relationship between Hospital and the
Registrant.
Item 3. Not Applicable
Item 4. Not Applicable
Item 5. Pursuant to consents solicited by the Registrant in
accordance with a proxy statement dated April 17, 1996, the
limited partners of the Registrant approved a Plan of Liquidation
and Dissolution as described in such Proxy Statement.
Item 6. Not Applicable
Item 7. Not Applicable
Item 8. Not Applicable
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 thereunto duly authorized.
CUMBERLAND HEALTHCARE, L.P. I-A
(Registrant)
Date: January 15, 1998 By: Medical Investments Partners
By: RJ Health Properties, Inc.
Managing General Partner
By: /s/ J. Davenport Mosby, III
Vice President and Director
