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                                                                       EXHIBIT 6

                            AGREEMENT OF JOINT FILING

         The parties listed below agree that the Amendment No. 9 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 30, 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