CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the use in the Prospectus constituting part of this 
Registration Statement on Form S-11 of our reports dated September 23, 1996 
relating to the statements of revenue and certain expenses of Chico 
Crossroads Center Ltd. and Miami Gardens Associates, and our report dated 
September 30, 1996 relating to the Balance Sheet of Basic U.S. REIT, Inc. which
appear in such prospectus.  We also consent to the reference to us under the 
heading "Experts" in such Prospectus.

/s/Price Waterhouse LLP
   Price Waterhouse LLP
   New York, New York
   September 30, 1996