Balance Sheets (Unaudited) (USD $)	Mar. 31, 2012	Dec. 31, 2011
ASSETS:
Cash & Equivalents	$ 634,409	$ 667,743
Property Net	1,570,180	1,577,562
Net Rent Receivables	139,370	159,345
Prepaid Advertising	9,807	14,711
Other Assets	51,469	19,500
TOTAL	2,405,235	2,438,861
LIABILITIES:
Distribution due to Partners	209,937	209,938
Incentive Management Fee Liability	29,115	16,134
Property Management Fee Liability	12,541	12,720
Deferred Income	39,820	33,703
Accrued Expenses	15,955	24,724
Other Liabilities	9,640	26,510
Total Liabilities	317,008	323,729
PARTNERS' EQUITY:
General Partners	(70,305)	(70,036)
Limited Partners	2,158,532	2,185,168
Total Partners' Equity	2,088,227	2,115,132
TOTAL	$ 2,405,235	$ 2,438,861