8-K 1 rp2filing8k113001.txt REALTY PARKING II 8-K FOR PERIOD ENDING 11/30/01 FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) November 30, 2001 -------------------- Realty Parking Properties II L.P. ---------------------------------------------- (Exact Name of Registrant as Specified in its Charter) Delaware 000-20147 52-1710286 -------- --------- ------------- (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification Number) 225 East Redwood Street, Baltimore, Maryland 21202 -------------------------------------------- --------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (410) 727-4083 --------------- N/A (Former name or former address, if changed since last report.) REALTY PARKING PROPERTIES II L.P.

REALTY PARKING PROPERTIES II L.P. Item 2. Acquisition or Disposition of Assets On November 30, 2001, the Fund sold its 35,000 square-foot parcel of land, located in San Diego, California for $5,320,000. The Fund's investment in the property was $3,604,936, net of accumulated depreciation of $53,174. The deposit of $75,000 was an option consideration, credited against the purchase price at closing. UNAUDITED PRO FORMA FINANCIAL INFORMATION The following unaudited pro forma Balance Sheet assumes the sale of the San Diego-Union, California property on September 30, 2001. The unaudited pro forma Statements of Operations assume the sale of the property on September 30, 2001, and January 1, 2000. This information should be read in conjunction with the Fund's Form 10-K for the year ended December 31, 2000 and its Form 10-Q for the period ended September 30, 2001. 1 REALTY PARKING PROPERTIES II L.P. Pro Forma Balance Sheet Unaudited

2 REALTY PARKING PROPERTIES II L.P. Pro Forma Statement of Operations Unaudited

3 REALTY PARKING PROPERTIES II L.P. Pro Forma Statement of Operations Unaudited

4 REALTY PARKING PROPERTIES II L.P. Notes to Pro Forma Financial Statements Unaudited Note 1 On November 30, 2001, the Fund sold its 35,000 square-foot parcel of land, located in San Diego, California for $5,320,000. The Fund's investment in the property was $3,604,936 net of accumulated depreciation of $53,174. Investment in real estate and partners' capital have been adjusted to reflect the sale of the property as of September 30, 2001, and the related distribution of net sale proceeds in accordance with the Partnership Agreement. The deposit of $75,000 was an option consideration, credited against the purchase price at closing. Note 2 Accounts receivable and real estate taxes payable have been adjusted to reflect reductions in these items as if the property was sold as of September 30, 2001. Note 3 Parking lot income, management fees, and depreciation expense have been adjusted to reflect reductions in these items as if the property was sold at the beginning of each period. The capital gain realized on the sale of the property is not included in the pro forma statements of operations. Note 4 There is no difference between the Fund's net earnings for income tax purposes and net earnings for financial reporting purposes. Note 5 Net earnings per unit and cash distributions per unit, as reflected in the pro forma statements of operations for the twelve months ended December 31, 2000, and the nine months ended September 30, 2001, are based upon 1,392,800 units outstanding. The cash distributions were derived from net earnings from operations and sale proceeds during the respective periods of operations. 5 REALTY PARKING PROPERTIES II L.P. 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. REALTY PARKING PROPERTIES II L.P. DATE: 12/13/01 By: /s/ John M. Prugh ----------------- ---------------------------------- John M. Prugh President Realty Parking Company II, Inc. General Partner DATE: 12/13/01 By: /s/ Timothy M. Gisriel ----------------- ---------------------------------- Timothy M. Gisriel Treasurer Realty Parking Company II, Inc. General Partner -6-

REALTY PARKING PROPERTIES II LP 8-K