The following table reflects the 12 Local Limited Partnerships that were sold during the year ended March 31, 2013:
Local Limited Partnership |
Debt | Appraisal Value | Date of sale | Proceeds from sale | Sales related expenses | Gain on sale | ||||||||||||||||||
Autumn Trace Associates | $ | 1,102,000 | $ | 1,300,000 | 6/1/2012 | $ | 197,764 | $ | 2,953 | $ | 194,811 | |||||||||||||
Hickory Lane Associates | 568,000 | 355,000 | 6/1/2012 | 22,450 | 2,297 | 20,153 | ||||||||||||||||||
Honeysuckle Court Associates | 1,111,000 | 670,000 | 6/1/2012 | 22,450 | 2,963 | 19,487 | ||||||||||||||||||
Walnut Turn Associates, Ltd | 658,000 | 480,000 | 6/1/2012 | 22,450 | 2,297 | 20,153 | ||||||||||||||||||
Southcove Associates | 1,421,000 | 1,000,000 | 6/30/2012 | 25,000 | 2,300 | 22,700 | ||||||||||||||||||
Hereford Seniors Community, Ltd | 751,000 | 405,000 | 8/24/2012 | 9,375 | 2,372 | 7,003 | ||||||||||||||||||
Palestine Seniors Community, Ltd | 1,053,000 | 475,000 | 8/24/2012 | 9,375 | 3,122 | 6,253 | ||||||||||||||||||
Garland Street, LP | 647,000 | 320,000 | 8/31/2012 | 21,953 | 3,303 | 18,650 | ||||||||||||||||||
Pecan Grove, LP | 1,033,000 | 500,000 | 8/31/2012 | 21,953 | 1,854 | 20,099 | ||||||||||||||||||
Lamesa Seniors Community, Ltd | 635, 000 | 455,000 | 8/24/2012 | 9,375 | 2,372 | 7,003 | ||||||||||||||||||
Laredo Heights Apartments | 890,000 | 945,000 | 11/27/2012 | 111,733 | 2,751 | 108,982 | ||||||||||||||||||
Apartment Housing of E. Brewton, LTD (1) | 1,043,039 | 250,000 | 3/31/2013 | 5,001 | 3,165 | 1,836 |