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Note D - Subsequent Event
3 Months Ended
Mar. 31, 2014
Notes  
Note D - Subsequent Event

Note D – Subsequent Event

 

In April 2014, the Partnership’s property, Colony at Kenilworth Apartments, sustained damages from a fire which affected three apartment units.  The estimated damages are approximately $140,000 and the Partnership expects to receive insurance proceeds.  The Partnership does not expect to record a loss from this event.