SHELTER PROPERTIES IV LIMITED PARTNERSHIP
SC 14D1/A, 2000-01-13
REAL ESTATE
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                             ----------------------


                      AMENDMENT NO. 2 (FINAL AMENDMENT) TO
                                 SCHEDULE 14D-1
               TENDER OFFER STATEMENT PURSUANT TO SECTION 14(d)(1)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                                       AND
                                  SCHEDULE 13D
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. 16)


                    SHELTER PROPERTIES IV LIMITED PARTNERSHIP
                            (Name of Subject Company)

                             AIMCO PROPERTIES, L.P.
                                    (Bidder)

                      UNITS OF LIMITED PARTNERSHIP INTEREST
                         (Title of Class of Securities)

                                      NONE
                      (CUSIP Number of Class of Securities)



                                 PATRICK J. FOYE
                   APARTMENT INVESTMENT AND MANAGEMENT COMPANY
                           COLORADO CENTER, TOWER TWO
                   2000 SOUTH COLORADO BOULEVARD, SUITE 2-1000
                             DENVER, COLORADO 80222
                                 (303) 757-8101
            (Name, Address and Telephone Number of Person Authorized
           to Receive Notices and Communications on Behalf of Bidder)


                                    COPY TO:

                              JONATHAN L. FRIEDMAN
                    SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP
                           300 SOUTH GRAND, 34TH FLOOR
                          LOS ANGELES, CALIFORNIA 90071
                                 (213) 687-5000


                             ----------------------



<PAGE>   2




                            CALCULATION OF FILING FEE


- --------------------------------------------------------------------------------
Transaction Valuation*   $17,824,407.53          Amount of Filing Fee: $3,564.88
- --------------------------------------------------------------------------------


*        For purposes of calculating the fee only. This amount assumes the
         purchase of 28,549.2 units of limited partnership interest of the
         subject partnership for $624.34 per unit. The amount of the filing fee,
         calculated in accordance with Section 14(g)(1)(B)(3) and Rule 0- 11(d)
         under the Securities Exchange Act of 1934, as amended, equals 1/50th of
         one percent of the aggregate of the cash offered by the bidder.

[ ]      Check box if any part of the fee is offset as provided by Rule
         0-11(a)(2) and identify the filing with which the offsetting fee was
         previously paid. Identify the previous filing by registration statement
         number or the form or schedule and the date of its filing.


Amount Previously Paid:  $3,534.62       Filing Parties:  AIMCO Properties, L.P.


Form or Registration No.: Schedule 14D-1     Date Filed:  November 17, 1999






                         (Continued on following pages)




                                   Page 1 of 6

<PAGE>   3




CUSIP No.   NONE

1.       NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)

                  AIMCO PROPERTIES, L.P.
                  84-1275721

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP
                                                                         (a) [ ]
                                                                         (b) [X]
3.       SEC USE ONLY

4.       SOURCE OF FUNDS

                  WC, BK

5.       (CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
         TO ITEMS 2(d) OR 2(e))                                              [ ]

6.       CITIZENSHIP OR PLACE OF ORGANIZATION

                  Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON

         7.       SOLE VOTING POWER

                           --

         8.       SHARED VOTING POWER

                           7,910.83

         9.       SOLE DISPOSITIVE POWER

                           --

         10.      SHARED VOTING POWER

                           7,910.83

11.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                  7,910.83

12.      CHECK IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
         SHARES
                                                                             [ ]
13.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)

                  Approximately 15.66%

14.      TYPE OF REPORTING PERSON

                  PN




                                   Page 2 of 6

<PAGE>   4




CUSIP No.   NONE

1.       NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)

                  AIMCO-GP, INC.

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP
                                                                         (a) [ ]
                                                                         (b) [X]
3.       SEC USE ONLY

4.       SOURCE OF FUNDS

                  Not Applicable

5.       (CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
         TO ITEMS 2(d) OR 2(e))                                              [ ]

6.       CITIZENSHIP OR PLACE OF ORGANIZATION

                  Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON

         7.       SOLE VOTING POWER

                           --

         8.       SHARED VOTING POWER

                           7,910.83

         9.       SOLE DISPOSITIVE POWER

                           --

         10.      SHARED VOTING POWER

                           7,910.83

11.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                  7,910.83

12.      CHECK IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
         SHARES
                                                                             [ ]
13.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)

                  Approximately 15.66%

14.      TYPE OF REPORTING PERSON

                  CO



                                   Page 3 of 6

<PAGE>   5




CUSIP No.   NONE

1.       NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)

                  APARTMENT INVESTMENT AND MANAGEMENT COMPANY
                  84-129577

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP
                                                                         (a) [ ]
                                                                         (b) [X]
3.       SEC USE ONLY

4.       SOURCE OF FUNDS

                  Not Applicable

5.       (CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
         TO ITEMS 2(d) OR 2(e))                                              [ ]

6.       CITIZENSHIP OR PLACE OF ORGANIZATION

                  Maryland

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON

         7.       SOLE VOTING POWER

                           --

         8.       SHARED VOTING POWER

                           27,647.83

         9.       SOLE DISPOSITIVE POWER

                           --

         10.      SHARED VOTING POWER

                           27,647.83

11.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                  27,647.83

12.      CHECK IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
         SHARES
                                                                             [ ]

13.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)

                  Approximately 57.75%


                                   Page 4 of 6

<PAGE>   6




       AMENDMENT NO. 2 TO SCHEDULE 14D-1/AMENDMENT NO. 16 TO SCHEDULE 13D


         This Statement (the "Statement") constitutes (a) Amendment No. 2 to the
initial Schedule 14D-1 of AIMCO Properties, L.P. (the "AIMCO OP"), relating to
AIMCO OP's Litigation Settlement Offer to purchase units of limited partnership
interest ("Units") of Shelter Properties IV Limited Partnership (the
"Partnership"); and (b) Amendment No. 16 to the Schedule 13D (the "Schedule
13D") originally filed with the Securities and Exchange Commission (the
"Commission") on May 31, 1995, by SP IV Acquisition, L.L.C. ("SP IV") and
Insignia Financial Group, Inc. ("Insignia"), as amended by (i) Amendment No. 1,
filed with the Commission on June 13, 1995, SP IV and Insignia, (ii) Amendment
No. 2, filed with the Commission on June 21, 1995, by SP IV and Insignia, (iii)
Amendment No. 3, filed with the Commission on [ ], by SP IV and Insignia, (iv)
Amendment No. 4, filed with the Commission on November 22, 1995, by SP IV and
Insignia, (v) Amendment No. 5, filed with the Commission on June 23, 1997, by SP
IV, Market Ventures, L.L.C. ("Market Ventures"), Liquidity Assistance, L.L.C.
("Liquidity Assistance"), Insignia and Andrew L. Farkas, (vi) Amendment No. 6,
filed with the Commission on July 21, 1998, by Cooper River Properties, L.L.C.
("Cooper River"), Insignia, Insignia Properties, L.P. ("IPLP"), Insignia
Properties Trust ("IPT") and Andrew L. Farkas, (vii) Amendment No. 7, filed with
the Commission on August 18, 1998, by Cooper River, IPLP, IPT, Insignia and
Andrew L. Farkas, (viii) Amendment No. 8, filed with the Commission on August
24, 1998, by Cooper River, IPLP, IPT, Insignia and Andrew L. Farkas, (ix)
Amendment No. 9, filed with the Commission on September 24, 1998, by Cooper
River, IPLP, IPT, Insignia and Andrew L. Farkas, (x) Amendment No. 10, filed
with the Commission on October 26, 1998, by Cooper River, IPLP, IPT, AIMCO OP,
AIMCO-GP, Inc. ("AIMCO-GP") and Apartment Investment Management Company
("AIMCO"), (xi) Amendment No. 11, filed with the Commission on June 2, 1999, by
Cooper River, AIMCO/IPT, Inc. ("AIMCO/IPT"), IPLP, AIMCO OP, AIMCO-GP and AIMCO,
(xii) Amendment No. 12, filed with the Commission on July 1, 1999, by Cooper
River, AIMCO/IPT, IPLP, AIMCO OP, AIMCO-GP and AIMCO, (xiii) Amendment No. 13,
filed with the Commission on August 6, 1999, by Cooper River, AIMCO/IPT, IPLP,
AIMCO OP, AIMCO-GP, and AIMCO, (xiv) Amendment No. 14, filed with the Commission
on November 17, 1999, by Cooper River, AIMCO/IPT, IPLP, AIMCO OP, AIMCO-GP and
AIMCO, and (xv) Amendment No. 15, dated December 16, 1999, by Cooper River,
AIMCO/IPT, IPLP, AIMCO OP, AIMCO-GP and AIMCO. Cooper River, AIMCO/IPT, IPLP,
AIMCO OP, AIMCO-GP and AIMCO are herein referred to as the "Reporting Persons."
The item numbers and responses thereto are set forth below in accordance with
the requirements of Schedule 14D-1.

ITEM 6.    INTEREST IN SECURITIES OF THE SUBJECT COMPANY.

         At midnight, New York time, on Thursday, December 30, 1999, the offer
expired pursuant to its terms. A total of 6,202 Units, representing
approximately 12.28% of the outstanding Units, were validly tendered and not
withdrawn pursuant to the offer. AIMCO OP has accepted for payment all of those
Units at $624.34 per Unit.



                                   Page 5 of 6

<PAGE>   7



                                    SIGNATURE

                  After due inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.

Dated:  January 10, 2000




                              COOPER RIVER PROPERTIES, L.L.C.

                              By: /s/ Patrick J. Foye
                                  -------------------------------
                                  Executive Vice President

                              AIMCO/IPT, INC.

                              By: /s/ Patrick J. Foye
                                  -------------------------------
                                  Executive Vice President

                              INSIGNIA PROPERTIES, L.P.

                              By:  AIMCO/IPT, INC.
                                   (General Partner)

                              By: /s/ Patrick J. Foye
                                  -------------------------------
                                  Executive Vice President

                              AIMCO PROPERTIES, L.P.

                              By: AIMCO-GP, INC.
                                   (General Partner)

                              By: /s/ Patrick J. Foye
                                  -------------------------------
                                  Executive Vice President

                              AIMCO-GP, INC.

                              By: /s/ Patrick J. Foye
                                  -------------------------------
                                  Executive Vice President

                              APARTMENT INVESTMENT
                              AND MANAGEMENT COMPANY

                              By: /s/ Patrick J. Foye
                                  -------------------------------
                                  Executive Vice President




                                   Page 6 of 6


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