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Pricing Supplement Dated September 23, 1997 Rule 424(b)(3)
(To Prospectus dated August 9, 1996 and File No. 333-03555-01
Prospectus Supplement dated January 29, 1997)
POST APARTMENT HOMES, L.P.
MEDIUM-TERM NOTES -- FIXED RATE
CUSIP NO. 73741PAG0
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Aggregate Principal Amount: $16,000,000 Interest Rate: 6.22%
Agent's Discount or Commission: .250% Original Issue Date: September 26,
1997
Net Proceeds to Issuer: $15,960,000 Stated Maturity Date: December 31,
1999
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Interest Payment Dates: November 1 and May 1
Redemption:
[X] The Notes cannot be redeemed prior to the Stated Maturity Date.
[ ] The Notes may be redeemed prior to the Stated Maturity Date.
Initial Redemption Date:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction: % until Redemption
Percentage is 100% of the principal amount.
Optional Repayment:
[X] The Notes cannot be repaid prior to the Stated Maturity Date.
[ ] The Notes can be repaid prior to the Stated Maturity Date at the
option of the holder of the Notes.
Option Repayment Dates:
Repayment Price: %
Currency:
Specified Currency: U.S. Dollars
(If other than U.S. dollars see attached)
Minimum Denominations: $1,000
(Applicable only if Specified Currency is other than U.S. dollars)
Original Issue Discount: [ ] Yes [X] No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:
Form: [X] Book-Entry [ ] Certificated
Agent: [ ] Merrill Lynch & Co.
[X] Lehman Brothers, Inc.
Agent acting in the capacity as indicated below:
[X] Agent [ ] Principal
If as principal:
[ ] The Notes are being offered at varying prices related to prevailing
market prices at the time of resale.
[ ] The Notes are being offered at a fixed initial public offering
price of ________% of principal amount.
If as Agent:
The Notes are being offered at a fixed initial public offering price of
100% of principal amount.
Other Provisions:
