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OFFER TO PURCHASE
1,000,000 UNITS
OF
AETNA REAL ESTATE ASSOCIATES, L.P.
FOR
$8.00 PER/UNIT
(Subject to the terms and conditions of the Offer)
OAK INVESTORS, LLC
c/o Arlen Capital, LLC
1650 Hotel Circle North, Suite 200
San Diego, California 92108
Oak Investors, LLC is not an affiliate of the
Partnership or the General Partner of the Partnership.
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If you have interest in selling your Units, please contact
Arlen Capital at 1-800-891-4105 or fax
1-619-686-2056, and you will receive the complete Offer to
Purchase as filed with the Securities
and Exchange Commission, which includes (i) the Agreement of Sale and
(ii) Instructions for completing the sale.
THIS OFFER WILL EXPIRE AT 12:00 MIDNIGHT, EASTERN TIME, ON AUGUST 18, 2000.
July 5, 2000
