Real Estate and Accumulated Depreciation (Tables)

12 Months Ended

Dec. 31, 2014

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

Real Estate and Accumulated Depreciation

Initial Cost              _				Gross Carrying Amount at                                        December 31, 2014                _
Description	Acquisition Date	Land	Buildings and Improvements	Costs Subsequent to Acquisition	Land	Buildings and Improvements	Total	Accumulated Depreciation
Ryan Rd, Warren, MI	02/87	$264,544	$1,715,183	$40,219	$264,544	$1,755,402	$2,019,946	$(1,749,768)
Crestwood, IL	04/87	205,960	1,631,179	42,936	205,960	1,674,115	1,880,075	(1,669,918)
Groesbeck    Warren, MI	04/87	314,517	1,760,657	119,123	314,517	1,879,780	2,194,297	(1,873,375)
Forestville, MD	08/87	755,000	2,278,110	42,894	755,000	2,321,004	3,076,004	(2,306,386)
Troy, MI	06/88	536,606	3,152,736	250,931	536,606	3,403,666	3,940,272	(3,398,715)
		$2,076,627	$10,537,865	$496,103	$2,076,627	$11,033,967	$13,110,594	$(10,998,162)

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 dissolution of the Fund was also approved by the affirmative vote of the holders of approximately 53.1% of the Units, which will occur following the sale of the final property and the settlement of all accounts of the Fund.