Exhibit (a)(1)
DAVIDSON GROWTH PLUS, L.P.
One Insignia Financial Plaza
P.O. Box 2347
Greenville, SC 29602
(000)000-0000
December 15, 1995
Dear Limited Partner:
As you are by now aware, DGP Acquisition, L.L.C., a Delaware
limited liability company (the "Purchaser"), has made an offer (the "Offer") to
purchase limited partnership units ("Units") of Davidson Growth Plus, L.P. (the
"Partnership"). Enclosed is a copy of the Partnership's Statement on Schedule
14D-9 which was filed with the Securities and Exchange Commission and sets
forth the Partnership's response to the Offer.
The Partnership's general partner responsible for management of
the Partnership's business is Xxxxxxxx Diversified Properties, Inc. (the
"Managing General Partner"), a Tennessee corporation and an affiliate of the
Purchaser. Due to the affiliation between the Managing General Partner and the
Purchaser, the Managing General Partner is subject to certain existing and
potential conflicts of interest with respect to the Offer.
AS A RESULT OF THE EXISTING AND POTENTIAL CONFLICTS OF
INTEREST, NEITHER THE PARTNERSHIP NOR THE MANAGING GENERAL PARTNER EXPRESSES
ANY OPINION AND EACH IS REMAINING NEUTRAL AND MAKING NO RECOMMENDATION AS TO
WHETHER UNIT HOLDERS SHOULD TENDER THEIR UNITS IN RESPONSE TO THE OFFER.
Limited partners are advised to carefully read the enclosed
Schedule 14D-9.
Davidson Growth Plus, L.P.
