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Balance Sheets (Unaudited) (USD $)
Sep. 30, 2011
Dec. 31, 2010
ASSETS:  
Cash & Equivalents$ 446,010$ 560,140
Property Net2,006,7171,997,662
Investment in Joint Venture198,189194,859
Uncollected Rental Revenue76,72179,231
Prepaid Advertising3,5823,281
Other Assets25,10324,280
TOTAL2,756,3222,859,453
LIABILITIES:  
Distribution due to Partners242,424242,424
Incentive Management Fee Liability18,717 
Property Management Fee Liability7,9917,486
Deferred Income40,92637,991
Accrued Expenses27,75926,236
Other Liabilities26,02517,774
Total Liabilities363,842331,911
PARTNERS' EQUITY:  
General Partners(80,463)(79,292)
Limited Partners2,473,1232,606,834
Total Partners' Equity2,392,4802,527,542
TOTAL$ 2,756,322$ 2,859,453