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                                                                    EXHIBIT 99.1

          Agreement Regarding Disclosure of Long-Term Debt Instruments

                  In reliance upon Item 601(b)(4)(iii)(A), of Regulation S-K,
AIMCO Properties, L.P., a Delaware limited partnership (the "Partnership") has
not filed as an exhibit to its Quarterly Report on Form 10-Q for the quarterly
period ended March 31, 2001, any instrument with respect to long-term debt not
being registered where the total amount of securities authorized thereunder does
not exceed 10 percent of the total assets of the Partnership and its
subsidiaries on a consolidated basis. Pursuant to Item 601(b)(4)(iii)(A), of
Regulation S-K, the Partnership hereby agrees to furnish a copy of any such
agreement to the Securities Exchange Commission upon request.

                                           AIMCO PROPERTIES, L.P.

                                           By:   AIMCO-GP, Inc.
                                                 its General Partner


                                           By:   /s/ PETER KOMPANIEZ
                                                --------------------------------
                                                 Peter Kompaniez
                                                 President