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Condensed Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
INVESTMENT PROPERTIES: (Note 3)    
Land $ 1,944,934 $ 1,944,934
Buildings 2,843,881 2,843,881
Accumulated depreciation (2,843,881) (2,843,881)
Net investment properties 1,944,934 1,944,934
Property held for sale 250,859 583,013
OTHER ASSETS:    
Cash and cash equivalents 1,769,286 965,838
Investments held in Indemnification Trust (Note 7) 480,139 480,024
Security deposits escrow 59,440 59,425
Rents and other receivables 366,473
Deferred closing costs 9,650 16,067
Prepaid insurance 2,584 5,685
Deferred charges, net 279,568 314,825
Total other assets 2,600,667 2,791,350
Total assets 4,796,460 4,736,284
LIABILITIES:    
Accounts payable and accrued expenses 56,329 27,207
Due to General Partner (Note 5) 6,622 4,533
Security deposits 59,340 59,340
Unearned rental income 91,940 73,891
Total liabilities 214,231 164,971
CONTINGENCIES AND COMMITMENTS (Notes 6 and 7)  
General Partner -    
Cumulative net income (retained earnings) 413,980 399,805
Cumulative cash distributions (172,646) (166,024)
Total general partners’ capital 241,334 233,781
Limited Partners (46,280.3 interests outstanding at June 30, 2022 and December 31, 2021)    
Capital contributions 46,280,300 46,280,300
Offering costs (6,921,832) (6,921,832)
Cumulative net income (retained earnings) 47,349,924 45,946,561
Cumulative cash distributions (81,527,268) (80,127,268)
 Total limited partners’ capital 5,181,124 5,177,761
Former General Partner -    
Cumulative net income (retained earnings) 707,513 707,513
Cumulative cash distributions (1,547,742) (1,547,742)
 Total former general partners’ capital (840,229) (840,229)
Total partners’ capital 4,582,229 4,571,313
Total liabilities and partners’ capital $ 4,796,460 $ 4,736,284