Balance Sheets (Unaudited) (USD $)	Jun. 30, 2012	Dec. 31, 2011
ASSETS:
Cash & Equivalents	$ 303,389	$ 337,676
Property Net	1,746,938	1,759,028
Uncollected Rental Revenue	66,487	98,515
Prepaid Advertising	5,471	1,545
Other Assets	43,737	20,000
TOTAL	2,166,022	2,216,764
LIABILITIES:
Distribution due to Partners	151,515	151,515
Incentive Management Fee Liability	27,332	9,463
Property Management Fee Liability	7,928	7,829
Deferred Income	45,125	48,305
Accrued Expenses	27,549	35,584
Other Liabilities	12,141	21,621
Total Liabilities	271,590	274,317
PARTNERS' EQUITY:
General Partners	(88,826)	(88,346)
Limited Partners	1,983,258	2,030,793
Total Partners' Equity	1,894,432	1,942,447
TOTAL	$ 2,166,022	$ 2,216,764