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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): July 22, 1997
COPLEY REALTY INCOME PARTNERS 3; A LIMITED PARTNERSHIP
(Exact Name of Registrant as Specified in its Charter)
Massachusetts
(State or Other Jurisdiction of Incorporation)
0-17809 04-3005973
(Commission File Number) (IRS Employer Identification No.)
225 Franklin Street, 25th Floor
Boston, MA 02110
(Address of principal executive offices) (Zip Code)
(617) 261-9000
Registrant's Telephone Number, Including Area Code
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
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Item 2. Acquisition or Disposition of Assets.
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On July 22, 1997, Copley Realty Income Partners 3; A Limited Partnership
sold all of its interest in a property located at 521 Charcot Avenue, San Jose,
California. The property was sold to the sole tenant which exercised the
purchase option under its lease for gross consideration of $5,850,000. The
terms of the sale were determined pursuant to the provisions of the purchase
option in such lease.
Item 7. Financial Statements and Exhibits.
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None
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this amendment to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: July 29, 1997 COPLEY REALTY INCOME PARTNERS 3;
A LIMITED PARTNERSHIP
(Registrant)
By: Third Income Corp.,
Managing General Partner
By: /s/ Wesley M. Gardiner, Jr.
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Name: Wesley M. Gardiner, Jr.
Title: Vice President
