WNC CALIFORNIA HOUSING TAX CREDITS III LP | 2013 | FY | 3


The following table reflects the 5 Local Limited Partnership interests that were sold during the year ended March 31, 2013. No distributions will be made to the Limited Partners as a result of these dispositions. Each of the Local Limited Partnerships had completed its Compliance Period so there is no risk of recapture to the investors in the Partnership.

 

Local Limited Partnership   Debt at 12/31/2011     Appraisal Value     Date of Sale     Sales Price     Sales Related Expenses     Gain (loss)
on Sale
 
                                     
Sun Manor, L.P.   $ 1,000,000     $ 490,000       4/30/2012     $ 30,000     $ 4,200     $ 25,800  
Almond Garden Apartments Associates     1,300,000       740,000       5/1/2012       35,000       2,376       32,624  
Buccaneer Villas, Limited     1,379,000       1,300,000       6/1/2012       22,450       232       22,218  
Dallas County Housing, Ltd.     580,000       370,000       8/31/2012       21,953       3,015       18,938  
Old Fort Limited Partnership     1,201,000       690,000       8/31/2012       25,000       2,829       22,171  


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