Balance Sheets (Unaudited) (USD $)	Sep. 30, 2012	Dec. 31, 2011
ASSETS:
Cash & Equivalents	$ 3,989,438	$ 667,743
Property Net	1,252,022	1,577,562
Net Rent Receivables	169,951	159,345
Prepaid Advertising	0	14,711
Other Assets	27,807	19,500
TOTAL	5,439,218	2,438,861
LIABILITIES:
Distribution due to Partners	3,538,957	209,938
Incentive Management Fee Liability	26,165	16,134
Property Management Fee Liability	8,238	12,720
Deferred Income	21,895	33,703
Accrued Expenses	21,320	24,724
Other Liabilities	20,216	26,510
Total Liabilities	3,636,791	323,729
PARTNERS' EQUITY:
General Partners	(73,163)	(70,036)
Limited Partners	1,875,590	2,185,168
Total Partners' Equity	1,802,427	2,115,132
TOTAL	$ 5,439,218	$ 2,438,861