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Filed Pursuant to Rule 424(b)(3)
Registration Statement No. 333-60355
Prospectus Supplement To
Prospectus Supplement dated March 31, 1999
To Prospectus dated March 26, 1999
PROSPECTUS SUPPLEMENT
(TO PROSPECTUS SUPPLEMENT DATED MARCH 31, 1999
TO PROSPECTUS DATED MARCH 26, 1999)
AIMCO PROPERTIES, L.P.
In connection with the exchange offer for Calmark/Fort Collins, Ltd.
described in the Prospectus Supplement and Prospectus referred to above, we can
now offer to acquire your units for $22,646 in cash, 601.75 of our Partnership
Common Units, 906 of our Class Two Partnership Preferred Units, or any
combination thereof. Previously we could offer you only the cash consideration,
but not our Partnership Common Units or Class Two Partnership Preferred Units
because the securities administrator in Michigan had not yet approved our
offering of such securities in your state. We have now received such approval
and can now offer you a choice of consideration. THEREFORE, AT THIS TIME, YOU
CAN ELECT TO RECEIVE IN EXCHANGE FOR EACH UNIT IN YOUR PARTNERSHIP, $22,646 IN
CASH, 601.75 OF OUR PARTNERSHIP COMMON UNITS, 906 OF OUR CLASS TWO PARTNERSHIP
PREFERRED UNITS, OR ANY COMBINATION THEREOF.
IF YOU ACCEPT OUR OFFER, PLEASE INDICATE ON THE ENCLOSED LETTER OF
TRANSMITTAL WHICH CONSIDERATION YOU ELECT. If you have already sent a Letter of
Transmittal and want to accept a consideration other than cash, you must
complete a new Letter of Transmittal with a later date. If you have any
questions regarding the Letter of Transmittal, please contact the Information
Agent, River Oaks Partnership Services, Inc., toll free, at (888) 349-2005.
May 28, 1999
