Exhibit (a)(5)



   PLEASE SEND THIS FORM TO AIMCO'S AGENT (BELOW) IF YOU ALREADY TENDERED YOUR
                 UNITS TO AIMCO AND WISH TO ACCEPT THE MPF OFFER

                              NOTICE OF WITHDRAWAL

The undersigned hereby withdraws units of limited partnership interest ("Units")
in Consolidated Capital Institutional Properties 2 heretofore tendered by the
undersigned to AIMCO Properties, L.P., pursuant to its tender offer dated March
30, 2007, as may be amended from time to time.

Name of person who tendered Units: __________________________________________

Name of registered Unit holder (if different):_______________________________

Number of Units to be withdrawn (state "all" if all Units tendered are to be
withdrawn): __________

Date: _______________, 2007



- ------------------------------------
Signature of Withdrawing Unit Holder



- ------------------------------------
Signature of Joint Unit Holder, if any

INSTRUCTIONS

      For a withdrawal to be effective, a written notice of withdrawal must be
timely received (i.e., before the Expiration Date, currently set for April 27,
2007) by the information agent for AIMCO Properties, L.P., at its address or
facsimile number set forth below. Any such notice of withdrawal must specify the
name of the person who tendered the number of Units to be withdrawn and the name
of the registered holder of such Units, if different from the person who
tendered. In addition, the notice of withdrawal must be signed by the person who
signed AIMCO Properties, L.P.'s letter of transmittal in the same manner as such
letter of transmittal was signed. The information agent and its contact
information are as follows:

                             THE ALTMAN GROUP, INC.

                                    By Mail:
                                  P.O. Box 268
                               Lyndhurst, NJ 07071

                          By Overnight Courier or Hand:
                           1200 Wall Street, 3rd Floor
                               Lyndhurst, NJ 07071

                                     By Fax:
                                 (201) 460-0050