Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2014

SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]

Real Estate and Accumulated Depreciation

SCHEDULE III

REAL ESTATE AND ACCUMULATED DEPRECIATION
As of December 31, 2014

				Costs Capitalized Subsequent to Acquisition Improvements	Gross Amount at Which Carried
	Initial Cost to Partnership				December 31, 2014
Description	Acquisition Date	Land	Buildings and Improvements		Land	Buildings and Improvements	Total	Accumulated Depreciation
MINI-U-STORAGE
Lompoc, CA	02/85	277,200	1,524,229	54,762	277,200	1,578,991	1,856,191	(1,573,607)
Stockton, CA	01/85	353,117	1,375,823	90,368	353,117	1,466,191	1,819,308	(1,439,329)
Huntington Beach, CA	06/85	1,176,000	2,306,019	104,124	1,176,000	2,410,143	3,586,143	(2,399,298)
		$1,806,317	$5,206,071	$249,254	$1,806,317	$5,455,325	$7,261,642	($6,411,244)

Notes:
1. Depreciation expense is computed using the straight-line method over an estimated useful life of 20 years for the buildings.
2. There are no encumbrances.

3. The mini storage facilities in El Centro, CA was sold on September 26, 2014.

4. On February 5, 2015, the dissolution of the Fund was also approved by the affirmative vote of the holders of approximately 56.0% of the Units, which will occur following the settlement of all accounts of the Fund.