BRAUVIN HIGH YIELD FUND L P II
10-K/A, 1996-06-05
REAL ESTATE
Previous: REYNOLDS FUNDS INC, N-30D, 1996-06-05
Next: SOLECTRON CORP, 10-Q/A, 1996-06-05



<PAGE>
                          UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549
                           FORM 10-K/A
                        AMENDMENT NO. 1

[X]     Annual Report Pursuant to Section 13 or 15(d) of the Securities
        Exchange Act of  1934

        For the fiscal year ended   December 31, 1995                
                                or
[ ]     Transition Report Pursuant to Section 13 or 15(d) of the
        Securities Exchange Act of 1934

        For the transition period from               to              

        Commission File Number               0-17556                 


                Brauvin High Yield Fund L.P. II                           
        (Exact name of registrant as specified in its charter)


              Delaware                         36-358013        
        (State or other jurisdiction of       (I.R.S. Employer
        incorporation or organization)      Identification No.)


        150 South Wacker Drive, Chicago, Illinois          60606     
        (Address of principal executive offices)       (Zip Code)


                        (312) 443-0922                          
        (Registrant's telephone number, including area code)


        Securities registered pursuant to Section 12(b) of the Act:

        Title of each class                Name of each exchange on
                                                  which registered
  
              None                              None            

  
        Securities registered pursuant to Section 12(g) of the Act:

                 Limited Partnership Interests                  
                         (Title of class)
  
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months (or
for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements
for the past 90 days.  Yes  X   No    .

Indicate by check mark if disclosure of delinquent filers pursuant
to Item 405 of Regulation S-K (Section 229.405 of this chapter) is
not contained herein, and will not be contained, to the best of
registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K
or any amendment to this Form 10-K [ X ]

The aggregate sales price of the limited partnership interests of
the registrant (the "Units") to unaffiliated investors of the
registrant during the initial offering period was $38,923,000. 
This does not reflect market value.  This is the price at which the
Units were sold to the public during the initial offering period. 
There is no current market for the Units nor have any Units been
sold within the last 60 days prior to this filing except for Units
sold to or by the  registrant pursuant to the  registrant's
distribution reinvestment plan as described in the prospectus of
the registrant dated June 17, 1988, as supplemented (the
"Prospectus").

Portions of the Prospectus of the registrant dated June 17, 1988,
as supplemented July 12, 1988, March 1, 1989, April 28, 1989, and
June 7, 1989 and filed pursuant to Rule 424(b) and Rule 424(c)under
the Securities Act of 1933, as amended, are incorporated by
reference into Parts II, III and IV of this Annual Report on Form
10-K.

<PAGE>
                     SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) 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.

                     BRAUVIN HIGH YIELD FUND L.P. II

                     BY: Brauvin Realty Advisors II, Inc.
                        Corporate General Partner

                         By:/s/ Jerome J. Brault                 

                             Jerome J. Brault
                             Chairman of the Board of Directors,
                             President and Chief Executive Officer

                         By:/s/ Thomas J. Coorsh                

                             Thomas J. Coorsh
                             Chief Financial Officer and Treasurer

                         By:/s/ James L. Brault                  

                              James L. Brault
                              Vice President and Secretary

                                   
                        INDIVIDUAL GENERAL PARTNERS


                        /s/ Jerome J. Brault                    
 
                                   Jerome J. Brault


                                                                
                                   Cezar M. Froelich


                                                                
                                   David M. Strosberg

DATED: JUNE 3, 1996           


<TABLE> <S> <C>

<ARTICLE>                     5
       
<S>                           <C>
<PERIOD-TYPE>                 12-MOS
<FISCAL-YEAR-END>             DEC-31-1995
<PERIOD-END>                  DEC-31-1995
<CASH>                        1,374,779
<SECURITIES>                  0
<RECEIVABLES>                 331,953
<ALLOWANCES>                  0
<INVENTORY>                   0
<CURRENT-ASSETS>              0
<PP&E>                        35,951,164 <F1>
<DEPRECIATION>                4,635,384
<TOTAL-ASSETS>                33,207,008
<CURRENT-LIABILITIES>         0
<BONDS>                       2,506,393 <F2>
         0
                   0
<COMMON>                      30,580,512 <F3>
<OTHER-SE>                    0
<TOTAL-LIABILITY-AND-EQUITY>  33,207,008
<SALES>                       0
<TOTAL-REVENUES>              4,268,386 <F4>
<CGS>                         0
<TOTAL-COSTS>                 930,775 <F5>
<OTHER-EXPENSES>              297,873 <F6>
<LOSS-PROVISION>              0
<INTEREST-EXPENSE>            0
<INCOME-PRETAX>               0
<INCOME-TAX>                  0
<INCOME-CONTINUING>           0
<DISCONTINUED>                0
<EXTRAORDINARY>               0
<CHANGES>                     0
<NET-INCOME>                  3,039,738
<EPS-PRIMARY>                 0
<EPS-DILUTED>                 0
<FN>
<F1>   "PP&E" REPRESENTS INVESTMENT IN REAL ESTATE [LAND AND
           BUILDING]
<F2>   "BONDS" REPRESENTS MINORITY INTEREST IN JOINT VENTURES 
<F3>   "COMMON" REPRESENTS TOTAL PARTNERS CAPITAL
<F4>   "TOTAL REVENUES" REPRESENTS RENTAL, INTEREST, AND OTHER
            INCOME
<F5>   "TOTAL COSTS" REPRESENTS TOTAL EXPENSES
<F6>   "OTHER EXPENSES" REPRESENTS MINORITY INTEREST SHARE OF 
            NET INCOME
</FN>
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission