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                                                                    EXHIBIT 99.1

          Agreement Regarding Disclosure of Long-Term Debt Instruments

          In reliance upon Item 601(b)(4)(iii)(A), of Regulation S-K, AIMCO
Properties, L.P., a Delaware limited partnership (the "Partnership") has not
filed as an exhibit to its Annual Report on Form 10-K for the fiscal year ended
December 31, 1998, any instrument with respect to long-term debt not being
registered where the total amount of securities authorized thereunder does not
exceed 10 percent of the total assets of the Partnership and its subsidiaries on
a consolidated basis. Pursuant to Item 601(b)(4)(iii)(A), of Regulation S-K, the
Partnership hereby agrees to furnish a copy of any such agreements to the
Securities Exchange Commission upon request.



                                                      AIMCO PROPERTIES, L.P.

                                                      By: AIMCO-GP, Inc.
                                                          its General Partner


                                                  By: /s/  PETER KOMPANIEZ
                                                      --------------------------
                                                      Peter Kompaniez
                                                      President