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 30, 2003

                          Berkshire Income Realty, Inc.
             (Exact Name of Registrant as Specified in its Charter)


Maryland                                 001-31659                    32-0024337
(State or other jurisdiction            (Commission             (I.R.S. Employer
of incorporations or organization)      File Number)         Identification No.)

One Beacon Street, Boston, Massachusetts                                   02108
(Address of principal executive offices)                              (Zip Code)

       Registrant's telephone number, including area code: (617) 523-7722

                                 Not applicable
          (Former Name or Former Address, if Changed Since Last Report)





ITEM 2.  ACQUISITION OF ASSETS.

On October  30,  2003,  Berkshire  Income  Realty - OP,  L.P.  (the  "OP"),  the
operating   partnership   subsidiary  of  Berkshire  Income  Realty,  Inc.  (the
"Company"),   through  its  newly  formed  and  wholly  owned   subsidiary   St.
Marin/Karrington Limited Partnership,  purchased The St. Marin Apartments, a 350
unit multi-family apartment community and The Karrington Apartments,  a 250 unit
multi-family  apartment  community,  which are contiguous  properties located in
Coppell,  Texas,  from WHCO Real  Estate  Limited  Partnership  and WHCO II Real
Estate Limited Partnership, respectively. Both of the sellers are third parties.
The  purchase  and sale  agreements,  as amended,  were agreed upon through arms
length   negotiations  and  provide  for  purchase  prices  of  $26,125,000  and
$20,000,000 for St. Marin and Karrington, respectively, to be paid in cash.

The Company paid the purchase price and related  closing costs for each property
with available working capital.

The Company  intends to operate the two  properties  as one,  under the name St.
Marin/Karrington Apartments.

The St. Marin  Apartments was  constructed in 1999 and was 90.0% occupied at the
time of the purchase

The Karrington  Apartments was constructed in 2001 and was 94.0% occupied at the
time of the purchase.

ITEM 7.  Financial Statements, Pro forma Financial Information and Exhibits

     (a) Financial Statements of Assets Acquired:

     Financial  statements for the  properties  acquired and noted in Item 2 are
     not  available  at this  time and will be  filed by  amendments  as soon as
     practicable, but not later than January 13, 2004.

     (b) Pro Forma Financial Information:

     Pro forma  financial  information of the Company  reflecting the properties
     acquired  and  noted in Item 2 are not  available  at this time and will be
     filed by amendment as soon as  practicable,  but not later than January 13,
     2004.

     (c) Exhibits

         EXHIBIT NO.

         10.1     Agreement of Purchase and Sale, dated October 16, 2003 by and
                  between WHCO Real Estate Limited Partnership and Berkshire
                  Income Realty - OP, L.P.
         10.2     Assignment and Assumption of Agreement of Purchase and Sale,
                  dated October 16, 2003 by and between WHCO Real Estate Limited
                  Partnership, Berkshire Income Realty - OP, L.P. and St.
                  Marin/Karrington Limited Partnership.
         10.3     First Amendment to Agreement of Purchase and Sale, dated
                  October 20, 2003 by and between WHCO Real Estate Limited
                  Partnership and St. Marin /Karrington Limited Partnership
         10.4     Second Amendment to Agreement of Purchase and Sale, dated
                  October 30, 2003 by and between WHCO Real Estate Limited
                  Partnership and St. Marin/Karrington Limited Partnership
         10.5     Agreement of Purchase and Sale, dated October 16, 2003 by and
                  between WHCO II Real estate Limited Partnership and Berkshire
                  Income Realty - OP, L.P.
         10.6     Assignment and Assumption of Agreement of Purchase and Sale,
                  dated October 16, 2003 by and between WHCO II Real Estate
                  Limited Partnership, Berkshire Income Realty - OP, L.P. and
                  St. Marin/Karrington Limited Partnership.







                                   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.


                                          Berkshire Income Realty, Inc.

Date: November 14, 2003                   By: /s/ David C. Quade
                                          --------------------------------------
                                          Name:    David C. Quade
                                          Title:   President and Chief Financial
                                                   Officer