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                                                                EXHIBIT 23.10.40
 
                        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 U. S. Realty Partners Limited
Partnership and to the incorporation by reference therein of our report dated
February 9, 1998, except for Note I, as to which the date is March 17, 1998,
with respect to the consolidated financial statements of U.S. Realty Partners
Limited Partnership 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