Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 31, 2012	Dec. 31, 2011
ASSETS:
Cash & Equivalents	$ 531,521	$ 537,223
Property Net	2,839,872	2,853,141
Uncollected Rental Revenue	100,094	159,428
Prepaid Advertising	10,327	5,514
Other Assets	46,430	26,045
TOTAL	3,528,244	3,581,351
LIABILITIES:
Distribution due to Partners	193,769	193,769
Incentive Management Fee Liability	27,031	17,439
Property Management Fee Liability	10,680	10,208
Deferred Income	41,917	41,192
Accrued Expenses	22,948	38,287
Other Liabilities	120,192	147,440
Total Liabilities	416,537	448,335
PARTNERS' EQUITY:
General Partners	(108,264)	(108,038)
Limited Partners	3,025,870	3,048,180
Total Partners' Equity	2,917,606	2,940,142
Noncontrolling Interest in Real Estate Joint Venture	194,101	192,874
Total Equity	3,111,707	3,133,016
TOTAL	$ 3,528,244	$ 3,581,351