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Property

12 Months Ended

Dec. 31, 2014

The total cost of property and accumulated depreciation were as follows as of December 31:

	2014	2013
Land	$ 2,729,790	$ 2,729,790
Buildings and improvements	11,370,105	11,370,105
Rental trucks	210,138	210,138
Total	14,310,033	14,310,033

Less accumulated depreciation	(11,444,936)	(11,420,740)

Property – net	$ 2,865,097	$ 2,889,293

As of February 5, 2015, the sale of all the properties was approved by the affirmative vote of the holders of approximately 56.0% of the outstanding units of limited partnership interests in the Fund. As of December 31, 2014 and 2013, all the properties have been classified as discontinued operation.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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