EXHIBIT 7.6 AGREEMENT OF JOINT FILING IPLP Acquisition I LLC, AIMCO Properties, L.P., AIMCO-GP, Inc. and Apartment Investment and Management Company agree that the amendment to the Statement on Schedule 13D to which this Agreement is attached as an...

                                                                    EXHIBIT 7.6

                           AGREEMENT OF JOINT FILING

         IPLP Acquisition I LLC, AIMCO Properties, L.P., AIMCO-GP, Inc. and
Apartment Investment and Management Company agree that the amendment to the
Statement on Schedule 13D to which this Agreement is attached as an exhibit,
and all future amendments to this Statement, shall be filed on behalf of each
of them. This Agreement is intended to satisfy Rule 13d-1(f) under the
Securities Exchange Act of 1934, as amended. This Agreement may be executed in
any number of counterparts, each of which shall be deemed an original, but all
of which together shall constitute one and the same instrument.
Dated:  October 26, 1998


                                             IPLP ACQUISITION I LLC

                                             By:   AIMCO Properties, L.P.,
                                                   its managing member

                                             By:   AIMCO-GP, Inc.,
                                                   its General Partner


                                             By:   /s/ XXXXXXX X. XXXX
                                                   ----------------------------
                                                   Xxxxxxx X. Xxxx
                                                   Executive Vice President


                                             AIMCO PROPERTIES, L.P.

                                             By:   AIMCO-GP, Inc.,
                                                   its General Partner


                                             By:   /s/ XXXXXXX X. XXXX
                                                   ----------------------------
                                                   Xxxxxxx X. Xxxx
                                                   Executive Vice President


                                             AIMCO-GP, INC.


                                             By:   /s/ XXXXXXX X. XXXX
                                                   ----------------------------
                                                   Xxxxxxx X. Xxxx
                                                   Executive Vice President




                                             APARTMENT INVESTMENT AND
                                             MANAGEMENT COMPANY


                                             By:   /s/ XXXXXXX X. XXXX
                                                   ----------------------------
                                                   Xxxxxxx X. Xxxx
                                                   Executive Vice President