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                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                     FORM 15

CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF
THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER
SECTION 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

                                      Commission File Number 0-14269

                      SIERRA PACIFIC PENSION INVESTORS '84
- -------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

                           5850 San Felipe, Suite 450
                              Houston, Texas 77057
                                 (713) 706-6271
- -------------------------------------------------------------------------------
    (Address, including zip code, and telephone number, including area code,
                  of registrant's principal executive offices)

                        80,000 LIMITED PARTNERSHIP UNITS
- -------------------------------------------------------------------------------
            (Title of each class of Securities covered by this Form)

                                      NONE
- -------------------------------------------------------------------------------
    (Titles of all other classes of securities for which this a duty to file
                 reports under section 13(a) or 15(d) remains)

     Please  place  an X in  the  box(es)  to  designate  the  appropriate  rule
provision(s) relied upon to terminate or suspend the duty to file reports:

     Rule 12g-4(a)(1)(i)       |X|           Rule 12h-3(b)(1)(i)        |X|
     Rule 12g-4(a)(1)(ii)      |_|           Rule 12h-3(b)(1)(ii)       |_|
     Rule 12g-4(a)(2)(i)       |_|           Rule 12h-3(b)(2)(i)        |_|
     Rule 12g-4(a)(2)(ii)      |_|           Rule 12h-3(b)(2)(ii)       |_|
                                             Rule 15d-6                 |_|

     Approximate number of holders of record as of the certification or notice
date: NONE
     ------------------

     This Form 15 is being filed because, as a result of the merger of the
registrant into a subsidiary of American Spectrum Realty, Inc. pursuant to the
consolidation transaction described in the Prospectus/Consent Solicitation
Statement dated August 8, 2001, the registrant has ceased to exist, and all of
the registrant's former limited partners are being issued shares of Common Stock
in American Spectrum Realty, Inc. and the registrant no longer has security
holders.






     Pursuant to the requirements of the Securities Exchange Act of 1934 Sierra
Pacific Pension Investors '84 has caused this certification/notice to be signed
on its behalf by the undersigned duly authorized person.

Date: November 14, 2001 By: /s/ S-P Properties, Inc., its general partner
     -----------------

                          By:/s/ Thomas N. Thurber
                             ---------------------------------------------------



Instruction: This form is required by Rules 12g-4, 12h-3 and 15d-6 of the
General Rules and Regulations under the Securities Exchange Act of 1934. The
registrant shall file with the Commission three copies of Form 15, one of which
shall be manually signed. It may be signed by an officer of the registrant, by
counsel or by any other duly authorized person. The name and title of the person
signing the form shall be typed or printed under the signature.