Note F - Distributions

9 Months Ended

Sep. 30, 2012

Notes

Note F - Distributions

Note F – Distributions

The Partnership distributed the following amounts during the nine months ended September 30, 2012 and 2011:

	Nine Months Ended September 30, 2012	Per Limited Partnership Unit	Nine Months Ended September 30, 2011	Per Limited Partnership Unit
Sale (1)	$ 7,721,000	$ 84.79	$    --	$    --

(1)     Proceeds from the March 2012 sale of Greenspoint at Paradise Valley.

Subsequent to September 30, 2012, the Partnership distributed approximately $2,531,000, (approximately $2,480,000 to the limited partners or $27.79 per limited partnership unit) from proceeds from the sale of Tamarind Bay Apartments.