PRUDENTIAL BACHE A G SPANOS REALTY PARTNERS L P I
8-K, 1999-10-22
OPERATORS OF APARTMENT BUILDINGS
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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): October 13, 1999

              PRUDENTIAL-BACHE/A.G. SPANOS REALTY PARTNERS L.P., I
- --------------------------------------------------------------------------------
             (Exact name of Registrant as specified in its charter)

Delaware                                     0-17683           94-3069380
- ---------------------------------------    ------------    ------------------
(State or other jurisdiction               (Commission      (I.R.S. Employer
of incorporation or organization)          File Number)    Identification No.)

1341 West Robinhood, Suite B-9, Stockton, CA                   95207
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (209) 478-0140

                                      N/A
- --------------------------------------------------------------------------------
         (Former name or former address, if changed since last report)

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Item 5. Other Events.

   Prudential-Bache Properties, Inc. and A.G. Spanos Realty Partners L.P., as
general partners of Prudential-Bache/A.G. Spanos Realty Partners L.P., I (the
'Partnership'), have completed the liquidation of the Partnership's remaining
assets. On September 30, 1999, the Partnership made a final liquidating
distribution of $5.70 per Unit to Unitholders. This distribution represented the
remaining cash of the Partnership after the sale of its last property and after
payment of its remaining liabilities. As the distribution of this amount to the
Unitholders of the Partnership represented the final step in the liquidation of
the Partnership, the general partners terminated the Partnership effective
October 13, 1999.

Item 7. Financial Statements and Exhibits.

   (c) Exhibit 99 Letter to Unitholders of Prudential-Bache/A.G. Spanos Realty
Partners L.P., I

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                                   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.

Prudential-Bache/A.G. Spanos Realty Partners L.P., I (Registrant)

By: A.G. Spanos Realty Partners, L.P., General Partner
    By: AGS Financial Corporation, a general partner

         By: /s/ Arthur J. Cole                       Date: October 22, 1999

     --------------------------------------------
         Arthur J. Cole
         President and Chief Accounting Officer

     By: A.G. Spanos Realty Capital, Inc., a general partner

         By: /s/ Arthur J. Cole                       Date: October 22, 1999
     --------------------------------------------
         Arthur J. Cole
         Vice President and Chief Accounting Officer

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<PAGE>
              Prudential-Bache/A.G. Spanos Realty Partners L.P., I

                                                                October 19, 1999

Dear Investor:

   Prudential-Bache/A.G. Spanos Realty Partners L.P., I (the 'Partnership') made
a final liquidating distribution of $5.70 per unit on September 30, 1999 which
was either credited to your securities account or mailed under separate cover
directly to you.

   This distribution to limited partners represents the last step in the
liquidation process. The General Partners terminated the Partnership on October
13, 1999. In early 2000, your General Partners will prepare and file the final
tax returns and distribute the final tax information on Schedule K-1 for the
limited partners.

   If you have any questions, we can be reached at (212) 214-3500 or (209)
478-0140.

Very truly yours,

/s/ Brian J. Martin                        /s/ Arthur J. Cole
- ---------------------------                -----------------------------
Brian J. Martin                            Arthur J. Cole
President                                  President
Prudential-Bache Properties, Inc.          AGS Financial Corporation for
General Partner                            A.G. Spanos Realty Partners L.P., I
                                           General Partner


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