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Condensed Balance Sheets - USD ($)
Sep. 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 281,361 965,838
Investments held in Indemnification Trust (Note 7) 480,139 480,024
Security deposits escrow 59,449 59,425
Rents and other receivables 40,860 366,473
Deferred closing costs 9,875 16,067
Prepaid insurance 1,034 5,685
Deferred charges, net 268,981 314,825
Total other assets 1,141,699 2,791,350
Total assets 3,337,492 4,736,284
LIABILITIES:    
Accounts payable and accrued expenses 60,968 27,207
Due to General Partner (Note 5) 848 4,533
Security deposits 52,320 59,340
Unearned rental income 103,440 73,891
Total liabilities 217,576 164,971
CONTINGENCIES AND COMMITMENTS (Notes 6 and 7)  
General Partner -    
Cumulative net income (retained earnings) 415,865 399,805
Cumulative cash distributions (173,494) (166,024)
Total general partners’ capital 242,371 233,781
Limited Partners (46,280.3 interests outstanding at September 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) 47,536,574 45,946,561
Cumulative cash distributions (83,177,268) (80,127,268)
 Total limited partners’ capital 3,717,774 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 3,119,916 4,571,313
Total liabilities and partners’ capital $ 3,337,492 $ 4,736,284