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Balance Sheets (Unaudited) (USD $)
Sep. 30, 2012
Dec. 31, 2011
ASSETS:    
Cash & Equivalents $ 458,627 $ 392,610
Property Net 2,021,240 2,013,056
Investment in Joint Venture 195,995 192,874
Uncollected Rental Revenue 118,067 99,553
Prepaid Advertising 0 3,413
Other Assets 14,499 14,500
TOTAL 2,808,428 2,716,006
LIABILITIES:    
Distribution due to Partners 181,818 181,818
Incentive Management Fee Liability 28,986 6,605
Property Management Fee Liability 7,672 7,570
Deferred Income 37,066 39,880
Accrued Expenses 25,484 25,717
Other Liabilities 42,127 17,149
Total Liabilities 323,153 278,739
PARTNERS' EQUITY:    
General Partners (79,715) (80,195)
Limited Partners 2,564,990 2,517,462
Total Partners' Equity 2,485,275 2,437,267
TOTAL $ 2,808,428 $ 2,716,006