<DOCUMENT>
<TYPE>EX-99.(A)(10)
<SEQUENCE>5
<FILENAME>d14618a3exv99wxayx10y.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
<PAGE>
CONTACT:  The Altman Group, Inc.
          (800) 467-0821 (toll free)

FOR IMMEDIATE RELEASE


AIMCO PROPERTIES, L.P. ANNOUNCES EXTENSION OF TENDER OFFERS

         DENVER, COLORADO, April 30, 2004 - As previously announced, AIMCO
Properties, L.P. is tendering for any and all units of limited partnership
interest in Consolidated Capital Institutional Properties and Consolidated
Capital Institutional Properties 2, subject to the terms of the respective
Litigation Settlement Offers (as amended and supplemented, the "Offers"). AIMCO
Properties, L.P. has now extended the expiration date of each of the Offers. The
expiration date for each of the Offers has been extended to midnight, New York
City time, on May 14, 2004. The Offers were previously scheduled to expire at
midnight, New York City time, on April 30, 2004.

         AIMCO Properties, L.P. has reported, based on information provided by
the Information Agent for the Offers, that as of the close of business on April
29, 2004, the approximate number of units set forth below had been tendered
pursuant to each of the Offers.

<Table>
<Caption>
Name of Partnership                                    Number of Units Tendered
-------------------                                    ------------------------
<S>                                                    <C>
Consolidated Capital Institutional Properties                   7,076.9
Consolidated Capital Institutional Properties 2                37,329.8
</Table>

         For further information, please contact The Altman Group, Inc at (800)
467-0821 (toll free), which is acting as the Information Agent for the Offers.

</TEXT>
</DOCUMENT>