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AIMCO
AIMCO PROPERTIES, L.P.
c/o River Oaks Partnership Services, Inc.
P.O. Box 2065
S. Hackensack, N.J., 07606-2065
(888) 349-2005
AN IMPORTANT REMINDER
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Dear Limited Partner:
We recently mailed you tender offer documents offering to acquire your
units of limited partnership interest in National Property Investors III.
Our offer provides you with an opportunity to gain liquidity for your
investment which you may not have had previously, and to eliminate the cost and
record keeping associated with limited partnership tax reporting. If you sell
your units this year you will not receive a K-1 in respect of year 2001 or
report partnership income or loss on your personal tax return.
The offer is scheduled to expire on September 1, 2000. If you have not
already done so, please remember, that to accept our offer the enclosed
Acknowledgement and Agreement must be received before September 1, 2000.
If you have any questions or need assistance in completing the enclosed
Letter of Transmittal, please contact our information agent, River Oaks
Partnership Services, Inc., toll free, at (888) 349-2005.
IF YOU HAVE ALREADY RESPONDED TO OUR OFFER, PLEASE
DISREGARD THIS LETTER.
AIMCO Properties, L.P.
