Consolidated Balance Sheets (Unaudited) (USD $)	Jun. 30, 2011	Dec. 31, 2010
ASSETS:
Cash & Equivalents	$ 485,998	$ 703,774
Property Net	2,842,004	2,764,382
Uncollected Rental Revenue	94,979	155,208
Prepaid Advertising	10,657	5,358
Other Assets	71,072	26,045
TOTAL	3,504,710	3,654,767
LIABILITIES:
Distribution due to Partners	232,523	232,523
Incentive Management Fee Liability	15,695	0
Property Management Fee Liability	10,681	10,459
Deferred Income	44,827	45,369
Accrued Expenses	37,325	39,873
Other Liabilities	79,036	96,804
Total Liabilities	420,087	425,028
PARTNERS' EQUITY:
General Partners	(108,615)	(107,091)
Limited Partners	2,991,131	3,141,971
Total Partners' Equity	3,084,623	3,229,739
Noncontrolling Interest in Real Estate Joint Venture	202,107	194,859
Total Equity	3,084,623	3,229,739
TOTAL	$ 3,504,710	$ 3,654,767