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Pricing Supplement Dated March 25, 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, 73741PAD7
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Aggregate Principal Amount: $13,000,000 Interest Rate: 7.30%
Agent's Discount or Commission: .600% Original Issue Date: March 31, 1997
Net Proceeds to Issuer: $12,922,000 Stated Maturity Date: April 1, 2004
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Interest Payment Dates: May 1 and November 1
Redemption:
[X] The Notes cannot be redeemed prior to the Stated Maturity Date.
[ ] The Notes may be redeemed prior 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 Redemption 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: [X] Merrill Lynch & Co.
[X] J.P. Morgan
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 100.0% of principal amount.
Other Provisions:
