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Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents (Note 1) $ 1,890,301 $ 2,087,068
Other assets 403 287
Total current assets 1,890,704 2,087,355
Investment properties (including acquisition fees paid to affiliates of $6,284 at December 31, 2017 and 2016) (Note 5):    
Land and improvements 2,887,424 4,122,424
Total assets 4,778,128 6,209,779
Current liabilities:    
Accrued real estate taxes 12,808 13,402
Due to affiliates (Note 4) 9,196 17,390
Total current liabilities 22,004 30,792
General Partner:    
Capital contribution 500 500
Supplemental capital contribution 13,317 0
Cumulative net income 14,068,238 14,070,250
Cumulative cash distributions (13,713,195) (13,713,195)
Total General Partners' capital 368,860 357,555
Limited Partners:    
Units of $1,000. Authorized 60,000 Units, 50,068 Units outstanding at December 31, 2017 and 2016,(net of offering costs of $7,532,439, of which $2,535,445 was paid to affiliates) 42,559,909 42,559,909
Cumulative net income 61,858,200 63,292,368
Cumulative cash distributions (100,030,845) (100,030,845)
Total Limited Partners' capital 4,387,264 5,821,432
Total Partners' capital 4,756,124 6,178,987
Total liabilities and Partners' capital $ 4,778,128 $ 6,209,779