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                                                                EXHIBIT 23.10.27
 
                        CONSENT OF INDEPENDENT AUDITORS
 
     We consent to the reference to our firm under the caption "Experts" in the
Prospectus Supplement of AIMCO Properties L.P. related to the offer to acquire
units of limited partnership interest of Consolidated Capital Properties V and
to the incorporation by reference therein of our report dated January 29, 1998,
except for Note J, as to which the date is March 17, 1998, with respect to the
consolidated financial statements of Consolidated Capital Properties V included
in its Annual Report (Form 10-KSB) for the year ended December 31, 1997, filed
with the Securities and Exchange Commission.
 
                                            /s/  ERNST & YOUNG LLP
 
Greenville, South Carolina
October 27, 1998