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                                                                       EXHIBIT 6

                            AGREEMENT OF JOINT FILING

         The parties listed below agree that the Amendment No. 11 to Schedule
13D to which this agreement is attached as an exhibit, and all further
amendments thereto, and all filings under Schedule TO to which this agreement is
attached as an exhibit, and all further amendments thereto, shall be filed on
behalf of each of them. This agreement is intended to satisfy the requirements
the requirements of Rule 13d-1(f)(1)(iii) under the Securities Exchange Act of
1934, as amended.

Dated: August 29, 2001
                                               AIMCO PROPERTIES, L.P.

                                               By: AIMCO-GP, INC.
                                                   (General Partner)

                                               By: /s/ Patrick J. Foye
                                                   -----------------------------
                                                   Executive Vice President


                                               AIMCO-GP, INC.

                                               By: /s/ Patrick J. Foye
                                                   -----------------------------
                                                   Executive Vice President


                                               APARTMENT INVESTMENT
                                               AND MANAGEMENT COMPANY

                                               By: /s/ Patrick J. Foye
                                                   -----------------------------
                                                   Executive Vice President


                                               INSIGNIA FINANCIAL GROUP, INC.

                                               By: /s/ Patrick J. Foye
                                                   -----------------------------
                                                   Executive Vice President