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                                                                       EXHIBIT 6

                            AGREEMENT OF JOINT FILING

         AIMCO Properties, L.P., AIMCO-GP, Inc., Apartment Investment and
Management Company, Insignia Properties, L.P. and AIMCO/IPT, Inc. agree that the
Amendment No. 5 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 PROPERTIES, L.P.

                                  By: AIMCO/IPT, INC.
                                           (General Partner)

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

                                  AIMCO/IPT, INC.

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