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Balance Sheets (Unaudited) (USD $)
Mar. 31, 2012
Dec. 31, 2011
ASSETS:    
Cash & Equivalents $ 328,027 $ 337,676
Property Net 1,750,239 1,759,028
Uncollected Rental Revenue 48,168 98,515
Prepaid Advertising 3,165 1,545
Other Assets 20,000 20,000
TOTAL 2,149,599 2,216,764
LIABILITIES:    
Distribution due to Partners 151,515 151,515
Incentive Management Fee Liability 18,520 9,463
Property Management Fee Liability 8,003 7,829
Deferred Income 58,897 48,305
Accrued Expenses 27,549 35,584
Other Liabilities 18,876 21,621
Total Liabilities 283,360 274,317
PARTNERS' EQUITY:    
General Partners (89,108) (88,346)
Limited Partners 1,955,347 2,030,793
Total Partners' Equity 1,866,239 1,942,447
TOTAL $ 2,149,599 $ 2,216,764