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Condensed Statements of Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
OPERATING REVENUES:        
Rental income (Note 3) $ 351,179 $ 415,633 $ 999,354 $ 1,122,570
TOTAL OPERATING REVENUES 351,179 415,633 999,354 1,122,570
EXPENSES:        
Partnership management fees (Note 5) 68,079 68,079 204,237 206,901
Insurance 1,550 1,520 4,651 4,561
General and administrative 41,300 12,353 103,206 54,897
Advisory Board fees and expenses 1,750 1,750 5,250 5,250
Professional services 39,495 26,441 191,389 148,862
Depreciation 0 5,449 0 28,198
Amortization 10,588 12,465 32,666 37,395
TOTAL OPERATING EXPENSES 162,762 128,057 541,399 486,064
OTHER INCOME        
Other income 20 0 44,495 294
Other interest income 98 239 416
Gain on sale of property 1,103,208
TOTAL OTHER INCOME 118 239 1,148,119 294
NET INCOME 188,535 287,815 1,606,074 636,800
NET INCOME ALLOCATED- GENERAL PARTNER 1,885 2,878 16,060 6,368
NET INCOME ALLOCATED- LIMITED PARTNERS $ 186,650 $ 284,937 $ 1,590,014 $ 630,432
Based on 46,280.3 interests outstanding: (Basic and diluted)        
NET INCOME PER LIMITED PARTNERSHIP INTEREST $ 4.03 $ 6.16 $ 34.36 $ 13.62