Balance Sheets (Unaudited) (USD $)	Jun. 30, 2012	Dec. 31, 2011
ASSETS:
Cash & Equivalents	$ 386,510	$ 392,610
Property Net	2,025,353	2,013,056
Investment in Joint Venture	201,414	192,874
Uncollected Rental Revenue	92,611	99,553
Prepaid Advertising	4,557	3,413
Other Assets	17,817	14,500
TOTAL	2,728,262	2,716,006
LIABILITIES:
Distribution due to Partners	181,818	181,818
Incentive Management Fee Liability	12,043	6,605
Property Management Fee Liability	7,712	7,570
Deferred Income	37,449	39,880
Accrued Expenses	23,322	25,717
Other Liabilities	9,594	17,149
Total Liabilities	271,938	278,739
PARTNERS' EQUITY:
General Partners	(80,005)	(80,195)
Limited Partners	2,536,329	2,517,462
Total Partners' Equity	2,456,324	2,437,267
TOTAL	$ 2,728,262	$ 2,716,006