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Balance Sheets (USD $)
Dec. 31, 2011
Dec. 31, 2010
ASSETS:    
Cash & Equivalents $ 392,610 $ 560,140
Property Net 2,013,056 1,997,662
Investment in Joint Venture 192,874 194,859
Uncollected Rental Revenue 99,553 79,231
Prepaid Advertising 3,413 3,281
Other Assets 14,500 24,280
TOTAL 2,716,006 2,859,453
LIABILITIES:    
Distribution due to Partners 181,818 242,424
Incentive Management Fee Liability 6,605   
Property Management Fee Liability 7,570 7,486
Deferred Income 39,880 37,991
Accrued Expenses 25,717 26,236
Other Liabilities 17,149 17,774
Total Liabilities 278,739 331,911
PARTNERS' EQUITY:    
General Partners (80,195) (79,292)
Limited Partners 2,517,462 2,606,834
Total Partners' Equity 2,437,267 2,527,542
TOTAL $ 2,716,006 $ 2,859,453