<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> SEP-30-1995 <CASH> 2,170,276 <SECURITIES> 0 <RECEIVABLES> 92,683 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,432,365 <PP&E> 68,703,771<F1> <DEPRECIATION> (34,305,172)<F2> <TOTAL-ASSETS> 39,492,944 <CURRENT-LIABILITIES> 3,369,594 <BONDS> 42,927,339<F3> <COMMON> (6,903,989)<F4> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 39,492,944 <SALES> 10,650,565 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 7,965,458<F5> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,942,901 <INCOME-PRETAX> 2,733,660<F6> <INCOME-TAX> 0 <INCOME-CONTINUING> 2,733,660<F6> <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,733,660<F7><F6> <EPS-PRIMARY> 0 <EPS-DILUTED> 0<F7> <FN> <F1>Includes apartment complexes of $67,812,608 and deferred expenes of $891,163. <F2>Includes depreciation of $33,920,050 and amortization of #385,122. <F3>Represents mortgage notes payable. <F4>Represents total deficit of general partners and limited partners of ($372,063) and $(6,431,926), respectively. <F5>Includes operating expenses of $3,982,707, real estate tax expense of $1,405,128 and depreciation and amortization of $2,577,623. <F6>Includes gain on sale of property of $2,991,454. <F7>Net income allocated $27,337 to the general partners and $2,706,323 to the limited partners for the 9 months ended 9/30/95. Average net income per unit of limited partners interest is $76.88 on 35,200 units outstanding. </FN>