[ARTICLE] 5 [LEGEND] THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 1994 AND IS QUALIFIED IN ITS ENTIREY BY REFERENCE TO SUCH FINANCIAL STATEMENTS [/LEGEND] [PERIOD-TYPE] 12-MOS [FISCAL-YEAR-END] DEC-31-1994 [PERIOD-END] DEC-31-1994 [CASH] 1,114,770 [SECURITIES] 0 [RECEIVABLES] 23,405 [ALLOWANCES] 0 [INVENTORY] 0 [CURRENT-ASSETS] 2,464,214 [PP&E] 74,371,223<F1> [DEPRECIATION] (35,369,432)<F2> [TOTAL-ASSETS] 42,604,180 [CURRENT-LIABILITIES] 4,751,341 [BONDS] 47,390,488<F3> [COMMON] (9,537,649)<F4> [PREFERRED-MANDATORY] 0 [PREFERRED] 0 [OTHER-SE] 0 [TOTAL-LIABILITY-AND-EQUITY] 42,604,180 [SALES] 13,652,413 [TOTAL-REVENUES] 0 [CGS] 0 [TOTAL-COSTS] 0 [OTHER-EXPENSES] 11,124,938<F5> [LOSS-PROVISION] 0 [INTEREST-EXPENSE] 3,977,689 [INCOME-PRETAX] (1,450,214) [INCOME-TAX] 0 [INCOME-CONTINUING] (1,450,214) [DISCONTINUED] 0 [EXTRAORDINARY] 0 [CHANGES] 0 [NET-INCOME] (1,450,214) [EPS-PRIMARY] 0<F6> [EPS-DILUTED] 0<F6> <FN> <F1>Includes apartment complexes of $73,325,592 & deferred expenses of $1,045,631. <F2>Includes depreciation of 34,905,809 & amortization of $463,623. <F4>Represents total deficit of general partners and limited partner of $(399,400) and $(4,138,249), respectively. <F3>Represents mortgage notes payable. <F5>Includes operating expenses $5,601,775, real estate tax expense $2,101,222, & depreciation and amortization of $ 3,421,941. <F6>Net loss allocated $(14,502) to the G.P.'s and $(1,435,712) to the L.P.'s for the 12 months ended 12/31/94. Average net income per unit of L.P. interest is $(40.79) on 35,200 units outstanding. </FN>