United States
                       Securities and Exchange Commission
                             Washington, D.C. 20549


                                   Form 10-QSB


(Mark One)
[X]   QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
      ACT OF 1934


              For the quarterly period ended September 30, 2005


[ ]   TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT


             For the transition period from _________to _________

                         Commission file number 0-14533


             OXFORD RESIDENTIAL  PROPERTIES I LIMITED PARTNERSHIP
        (Exact name of small business issuer as specified in its charter)



          Maryland                                               52-1322906
(State or other jurisdiction of                               (I.R.S. Employer
 incorporation or organization)                              Identification No.)

                          55 Beattie Place, PO Box 1089
                        Greenville, South Carolina 29602
                    (Address of principal executive offices)


                                 (864) 239-1000
                           (Issuer's telephone number)


Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for such shorter
period that the  registrant  was required to file such reports) and (2) has been
subject to such filing requirements for the past 90 days.
Yes  X   No ___

Indicate by check mark whether the  registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act) Yes __ No X_

<PAGE>


                         PART I - FINANCIAL INFORMATION



ITEM 1.     FINANCIAL STATEMENTS




             OXFORD RESIDENTIAL PROPERTIES I LIMITED PARTNERSHIP

                           CONSOLIDATED BALANCE SHEET
                                   (Unaudited)
                        (in thousands, except unit data)

                               September 30, 2005

<TABLE>
<CAPTION>


Assets
<S>                                                                            <C>
  Cash and cash equivalents                                                    $ 190
  Receivables and deposits                                                         180
  Restricted escrows                                                                60
  Other assets                                                                     644
  Investment properties (Note F):
   Land                                                         $ 2,722
   Buildings and improvements                                     38,491
                                                                  41,213
   Less accumulated depreciation                                 (22,003)       19,210
                                                                              $ 20,284
Liabilities and Partners' (Deficiency) Capital
Liabilities
  Accounts payable                                                             $ 323
  Tenant security deposits                                                         123
  Accrued taxes                                                                    320
  Other liabilities                                                                299
  Due to affiliates (Note B)                                                     3,029
  Mortgage notes payable                                                        25,023

Partners' (Deficiency) Capital
  General partners                                              $ (2,209)
  Assignor limited partner                                             1
  Assignee unit holders (23,558 units outstanding)                (6,625)       (8,833)
                                                                              $ 20,284

         See Accompanying Notes to Consolidated Financial Statements
</TABLE>



<PAGE>



             OXFORD RESIDENTIAL PROPERTIES I LIMITED PARTNERSHIP

                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)
                      (in thousands, except per unit data)

<TABLE>
<CAPTION>


                                                  Three Months Ended        Nine Months Ended
                                                     September 30,            September 30,
                                                  2005          2004         2005        2004
Revenues:
<S>                                              <C>          <C>          <C>         <C>
  Rental income                                  $ 1,391      $ 1,490      $ 4,101     $ 4,442
  Other income                                       142          161          409         430
  Casualty gains (Note D)                             28           --           28          35
      Total revenues                               1,561        1,651        4,538       4,907

Expenses:
  Operating                                          901          811        2,495       2,285
  General and administrative                          56           49          182         145
  Depreciation                                       323          337        1,032       1,059
  Interest                                           256          282          782         852
  Property taxes                                     160          190          463         558
       Total expenses                              1,696        1,669        4,954       4,899

(Loss) income from continuing operations            (135)         (18)        (416)          8
Loss from discontinued operations
  (Note C)                                            --           --           --        (166)
Gain on sale of discontinued operations
  (Note C)                                            --           --           --       3,700

Net (loss) income                                $ (135)       $ (18)       $ (416)    $ 3,542

Net loss allocated to general
  partners                                        $ (3)         $ --         $ (8)       $ (3)
Net (loss) income allocated to limited
  Partners                                          (132)         (18)        (408)      3,545

                                                 $ (135)       $ (18)       $ (416)    $ 3,542
Per assignee unit:
  (Loss) income from continuing operations       $ (5.65)     $ (0.76)     $(17.32)     $ 0.32
  Loss from discontinued operations                   --           --           --       (6.90)
  Gain on sale of discontinued operations             --           --           --      157.06

Net (loss) income                                $ (5.65)     $ (0.76)     $(17.32)    $150.48

Distributions per assignee unit                   $ --          $ --         $ --      $182.40

         See Accompanying Notes to Consolidated Financial Statements
</TABLE>

<PAGE>


             OXFORD RESIDENTIAL PROPERTIES I LIMITED PARTNERSHIP

     CONSOLIDATED STATEMENT OF CHANGES IN PARTNERS' (DEFICIENCY) CAPITAL
                                   (Unaudited)
                        (in thousands, except unit data)
<TABLE>
<CAPTION>

                                                                        Assignor
                                  Assignee     General       Limited      Assignee
                                    Units     Partners       Partner    Unit Holders     Total

Partners' (deficiency) capital
<S>           <C> <C>               <C>        <C>             <C>        <C>          <C>
  at December 31, 2004              23,558     $(2,201)        $ 1        $ (6,217)    $ (8,417)

Net loss for the nine months
  ended September 30, 2005              --          (8)           --          (408)        (416)

Partners' (deficiency) capital
  at September 30, 2005             23,558     $(2,209)        $ 1        $ (6,625)    $ (8,833)

         See Accompanying Notes to Consolidated Financial Statements
</TABLE>



<PAGE>



             OXFORD RESIDENTIAL PROPERTIES I LIMITED PARTNERSHIP

                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)
                                 (in thousands)
<TABLE>
<CAPTION>

                                                                     Nine Months Ended
                                                                       September 30,
                                                                     2005         2004
Cash flows from operating activities:
<S>                                                                 <C>          <C>
  Net (loss) income                                                 $ (416)      $ 3,542
  Adjustments to reconcile net (loss) income to net cash
   provided by operating activities:
     Depreciation                                                     1,032        1,059
     Amortization of loan costs                                          19           39
     Bad debt expense                                                   107          139
     Gain on sale of discontinued operations                             --       (3,700)
     Casualty gain                                                      (28)         (35)
     Loss on early extinguishment of debt                                --           85
     Changes in assets and liabilities:
      Receivables and deposits                                         (117)           7
      Other assets                                                       (3)        (134)
      Accounts payable                                                 (107)         104
      Tenant security deposits                                           17          (50)
      Due to affiliates                                                 275         (284)
      Accrued property tax                                              106          163
      Other liabilities                                                  (8)        (161)
          Net cash provided by operating activities                     877          774

Cash flows from investing activities:
  Property improvements and replacements                             (2,165)        (813)
  Net withdrawals from restricted escrows                                49            5
  Net proceeds from sale of discontinued operations                      --        8,199
  Insurance proceeds received                                            81           44
          Net cash (used in) provided by investing activities        (2,035)       7,435

Cash flows from financing activities:
  Payments on mortgage notes payable                                   (701)        (688)
  Repayment of mortgage note payable                                     --       (4,052)
  Distributions to partners                                              --       (4,297)
  Advances from affiliate                                             1,824          212
          Net cash provided by (used in) financing activities         1,123       (8,825)

Net decrease in cash and cash equivalents                               (35)        (616)
Cash and cash equivalents at beginning of period                        225          790

Cash and cash equivalents at end of period                           $ 190        $ 174

Supplemental disclosure of cash flow information:
  Cash paid for interest                                             $ 802        $ 893

Supplemental disclosure of non-cash activity:
  Property improvements and replacements in accounts payable         $ 309        $ 21

At December  31,  2004,  accounts  payable  included  approximately  $54,000 for
property   improvements  and  replacements,   which  are  included  in  property
improvements and replacements for the nine months ended September 30, 2005.

         See Accompanying Notes to Consolidated Financial Statements
</TABLE>



<PAGE>




             OXFORD RESIDENTIAL PROPERTIES I LIMITED PARTNERSHIP

                  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (Unaudited)


Note A - Financial Statements

The  accompanying   unaudited   consolidated   financial  statements  of  Oxford
Residential  Properties I Limited  Partnership (the "Partnership" or "ORP") have
been prepared in accordance with generally  accepted  accounting  principles for
interim financial  information and with the instructions to Form 10-QSB and Item
310(b)  of  Regulation  S-B.  Accordingly,  they  do  not  include  all  of  the
information and footnotes required by generally accepted  accounting  principles
for  complete  financial  statements.  In  the  opinion  of  Oxford  Residential
Properties I Corporation  (the  "Managing  General  Partner"),  all  adjustments
(consisting  of  normal  recurring  accruals)  considered  necessary  for a fair
presentation have been included.  Operating results for the three and nine month
periods ended September 30, 2005 are not  necessarily  indicative of the results
that may be expected for the fiscal year ending  December 31, 2005.  For further
information,  refer  to the  consolidated  financial  statements  and  footnotes
thereto  included  in the  Partnership's  Annual  Report on Form  10-KSB for the
fiscal  year  ended  December  31,  2004.  The  Managing  General  Partner is an
affiliate of Apartment  Investment and Management Company ("AIMCO"),  a publicly
traded real estate investment trust.

In accordance with Statement of Financial Accounting Standards ("SFAS") No. 144,
the  accompanying  consolidated  statements of operations for the three and nine
months ended September 30, 2004 reflect the operations of Shadow Oaks Apartments
as loss from discontinued operations due to its sale in January 2004.

Certain  2004  balances  have  been   reclassified  to  conform  with  the  2005
presentation.

Note B - Transactions with Affiliates

The Partnership has no employees and depends on the Managing General Partner and
its  affiliates  for  the  management  and  administration  of  all  Partnership
activities.  The Partnership  Agreement  provides for (i) payments to affiliates
for property  management services and (ii) for reimbursement of certain expenses
incurred by affiliates on behalf of the Partnership.

Affiliates of the Managing General Partner receive 5% of gross receipts from all
of  the  Partnership's   properties  as  compensation  for  providing   property
management  services.  However,  40% of this fee is  subordinated  until certain
distribution preference levels to the Assignee Unit Holders are achieved.  Total
property  management  fees of  approximately  $224,000 and $262,000 for the nine
months ended September 30, 2005 and 2004, respectively,  were charged to expense
and are included in operating expenses and loss from discontinued  operations on
the accompanying consolidated statements of operations. Property management fees
of  approximately  $90,000 and $105,000 for the nine months ended  September 30,
2005 and 2004,  respectively,  have been deferred.  During the nine months ended
September  30,  2004,  the  distribution  preferences  were met with the sale of
Shadow Oaks Apartments and approximately $323,000 of the previously subordinated
fees were paid. The cumulative deferred management fees as of September 30, 2005
totaled approximately $195,000 and are included in due to affiliates.

An  affiliate  of  the  Managing   General   Partner   charged  the  Partnership
reimbursement of accountable  administrative expenses amounting to approximately
$182,000 and $109,000  for the nine months  ended  September  30, 2005 and 2004,
respectively,  which is  included  in general and  administrative  expenses  and
investment  properties.   The  portion  of  these  reimbursements   included  in
investment  properties for the nine months ended September 30, 2005 and 2004 are
fees related to construction management services provided by an affiliate of the
Managing General Partner of approximately $58,000 and $3,000, respectively.  The
construction  management  service fees are  calculated  based on a percentage of
additions  to  investment  properties.  At  September  30,  2005,  approximately
$196,000 in accountable  administrative expenses were due to an affiliate of the
Managing General Partner and are included in due to affiliates.

In  accordance  with the  Partnership  Agreement,  during the nine months  ended
September  30,  2005,  the  Managing  General  Partner  advanced   approximately
$1,824,000  to  the  Partnership  to pay  for  capital  improvements,  operating
expenses,  real estate taxes and  redevelopment  related items at the investment
properties.  Interest on advances is charged at the prime rate plus 2% (8.75% at
September 30, 2005) and interest expense was approximately  $84,000 for the nine
months ended  September  30, 2005.  During the nine months ended  September  30,
2004,  the  Managing  General  Partner  advanced  approximately  $212,000 to the
Partnership to cover operating expenses and redevelopment costs at Fairlane East
Apartments.  Interest  accrued at the prime rate plus 2% (8.75% at September 30,
2004) and was approximately $1,000 for the nine months ended September 30, 2004.
At September 30, 2005, approximately $2,638,000 of advances and accrued interest
is  included  in due to  affiliates.  Subsequent  to  September  30,  2005,  the
Partnership  received advances of approximately  $697,000 to fund  redevelopment
and operational expenses at the Partnership's properties.

The  Partnership  insures its properties up to certain  limits through  coverage
provided by AIMCO which is  generally  self-insured  for a portion of losses and
liabilities  related  to  workers'  compensation,   property  casualty,  general
liability and vehicle  liability.  The Partnership  insures its properties above
the AIMCO limits  through  insurance  policies  obtained by AIMCO from  insurers
unaffiliated  with the Managing  General  Partner.  During the nine months ended
September  30,  2005 and 2004,  the  Partnership  was  charged  by AIMCO and its
affiliates  approximately  $107,000 and  $102,000,  respectively,  for insurance
coverage and fees associated with policy claims administration.

Note C - Sale of Investment Property

In January 2004, the  Partnership  sold Shadow Oaks Apartments to a third party,
for net proceeds of approximately $8,199,000 after payment of closing costs. The
Partnership  used  approximately  $4,052,000  of the net  proceeds  to repay the
mortgage   encumbering  the  property.   The  Partnership  realized  a  gain  of
approximately  $3,700,000 as a result of the sale. In addition,  the Partnership
recorded a loss on early  extinguishment  of debt of approximately  $85,000 as a
result of  unamortized  loan costs  being  written off which is included in loss
from discontinued operations.  Included in loss from discontinued operations for
the nine months ended  September 30, 2004 is  approximately  $67,000 of revenues
generated by the property.

Note D - Casualty Gain

In March 2004,  Fairlane East Apartments  incurred damages to its buildings as a
result of a fire.  During the nine months ended  September 30, 2004, net damaged
assets of  approximately  $9,000  were  written  off and  insurance  proceeds of
approximately $44,000 were received to repair the damaged units. Accordingly,  a
casualty  gain of  approximately  $35,000  was  recognized  as a  result  of the
difference  between  the  proceeds  received  and the  write-off  of the damaged
assets. In December 2004, Fairlane East Apartments incurred water damages to one
unit. During the three and nine months ended September 30, 2005, the Partnership
received insurance proceeds of approximately  $31,000 to repair the damaged unit
and net undepreciated  damaged assets of approximately  $3,000 were written off.
The  Partnership  recorded a casualty gain of  approximately  $28,000 during the
three and nine months ended September 30, 2005.

In April 2005, Raven Hill Apartments  incurred damage to three units as a result
of a fire.  During the three and nine months ended  September 30, 2005 insurance
proceeds of $50,000 were received. The Managing General Partner anticipates that
insurance  proceeds to be received will be sufficient to cover estimated repairs
and no casualty loss will be recorded from this event.

Note E - Contingencies

AIMCO  Properties  L.P.  and NHP  Management  Company,  both  affiliates  of the
Managing  General  Partner,  are  defendants  in a  lawsuit  alleging  that they
willfully  violated  the Fair Labor  Standards  Act  ("FLSA")  by failing to pay
maintenance  workers  overtime for all hours worked in excess of forty per week.
The  complaint,  filed in the United States  District  Court for the District of
Columbia,  attempts  to bring a  collective  action  under the FLSA and seeks to
certify state subclasses in California,  Maryland, and the District of Columbia.
Specifically,  the  plaintiffs  contend  that  AIMCO  Properties  L.P.  and  NHP
Management Company failed to compensate  maintenance  workers for time that they
were  required  to be  "on-call".  Additionally,  the  complaint  alleges  AIMCO
Properties  L.P. and NHP  Management  Company  failed to comply with the FLSA in
compensating maintenance workers for time that they worked in excess of 40 hours
in a week. In June 2005 the Court conditionally  certified the collective action
on both the on-call and overtime issues,  which allows the plaintiffs to provide
notice of the  collective  action to all  non-exempt  maintenance  workers  from
August 7, 2000 through the present. Those employees will have the opportunity to
opt-in to the collective action,  and AIMCO Properties,  L.P. and NHP Management
Company will have the  opportunity to move to decertify the  collective  action.
Because the court denied  plaintiffs'  motion to certify  state  subclasses,  on
September  26,  2005,  the  plaintiffs  filed  a  class  action  with  the  same
allegations in the Superior Court of California (Contra Costa County).  Although
the outcome of any  litigation is  uncertain,  AIMCO  Properties,  L.P. does not
believe that the ultimate  outcome  will have a material  adverse  effect on its
consolidated  financial  condition  or results  of  operations.  Similarly,  the
Managing  General Partner does not believe that the ultimate outcome will have a
material adverse effect on the Partnership's consolidated financial condition or
results of operations.

The  Partnership  is unaware of any pending or  outstanding  litigation  matters
involving  it or its  investment  properties  that are not of a  routine  nature
arising in the ordinary course of business.

Environmental

Various  Federal,  state and local laws subject  property owners or operators to
liability for management,  and the costs of removal or  remediation,  of certain
hazardous  substances  present on a property.  Such laws often impose  liability
without regard to whether the owner or operator knew of, or was responsible for,
the release or presence of the  hazardous  substances.  The  presence of, or the
failure to manage or remedy properly,  hazardous substances may adversely affect
occupancy at affected  apartment  communities and the ability to sell or finance
affected properties.  In addition to the costs associated with investigation and
remediation  actions  brought by government  agencies,  and  potential  fines or
penalties  imposed by such  agencies in  connection  therewith,  the presence of
hazardous  substances on a property could result in claims by private plaintiffs
for personal injury, disease, disability or other infirmities. Various laws also
impose  liability for the cost of removal,  remediation or disposal of hazardous
substances  through a  licensed  disposal  or  treatment  facility.  Anyone  who
arranges for the disposal or treatment of hazardous  substances  is  potentially
liable  under such laws.  These laws often impose  liability  whether or not the
person arranging for the disposal ever owned or operated the disposal  facility.
In connection  with the ownership,  operation and management of its  properties,
the Partnership  could  potentially be liable for  environmental  liabilities or
costs associated with its properties.

Mold

The Partnership is aware of lawsuits  against owners and managers of multifamily
properties asserting claims of personal injury and property damage caused by the
presence of mold, some of which have resulted in substantial  monetary judgments
or settlements. The Partnership has only limited insurance coverage for property
damage loss claims  arising from the  presence of mold and for  personal  injury
claims related to mold exposure. Affiliates of the Managing General Partner have
implemented a national  policy and  procedures to prevent or eliminate mold from
its properties  and the Managing  General  Partner  believes that these measures
will  minimize  the  effects  that mold could have on  residents.  To date,  the
Partnership  has not  incurred  any material  costs or  liabilities  relating to
claims of mold exposure or to abate mold  conditions.  Because the law regarding
mold is unsettled and subject to change the Managing General Partner can make no
assurance  that  liabilities  resulting from the presence of or exposure to mold
will  not have a  material  adverse  effect  on the  Partnership's  consolidated
financial condition or results of operations.

SEC Investigation

The  Central  Regional  Office of the  United  States  Securities  and  Exchange
Commission (the "SEC")  continues its formal  investigation  relating to certain
matters.  Although  the staff of the SEC is not limited in the areas that it may
investigate,  AIMCO believes the areas of  investigation  have included  AIMCO's
miscalculated   monthly  net  rental  income  figures  in  third  quarter  2003,
forecasted  guidance,  accounts  payable,  rent  concessions,   vendor  rebates,
capitalization of payroll and certain other costs, tax credit transactions,  and
tender offers for limited  partnership  interests.  AIMCO is cooperating  fully.
AIMCO is not able to predict when the investigation will be resolved. AIMCO does
not believe that the ultimate outcome will have a material adverse effect on its
consolidated  financial  condition  or results  of  operations.  Similarly,  the
Managing  General Partner does not believe that the ultimate outcome will have a
material adverse effect on the Partnership's consolidated financial condition or
results of operations.

Note F - Redevelopment of Property

One of the Partnership's  investment  properties,  Fairlane East Apartments,  is
currently  under  redevelopment.  Based  on  current  redevelopment  plans,  the
Managing  General Partner  anticipates the  redevelopment to be completed in the
first quarter of 2006 at a total estimated cost of  approximately  $4,399,000 of
which approximately  $1,658,000 was completed as of September 30, 2005. Included
in these  construction  costs are  capitalized  interest costs of  approximately
$126,000,  capitalized tax and insurance  expenses of approximately  $31,000 and
other construction period operating costs of approximately  $18,000 for the nine
months ended  September 30, 2005. At September 30, 2005 19 units were unoccupied
due to the redevelopment.


<PAGE>




ITEM 2.     MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

The matters discussed in this report contain certain forward-looking statements,
including, without limitation, statements regarding future financial performance
and the effect of government  regulations.  Actual results may differ materially
from those described in the forward-looking statements and will be affected by a
variety of risks and factors including,  without limitation:  national and local
economic  conditions;  the terms of  governmental  regulations  that  affect the
Registrant and interpretations of those regulations; the competitive environment
in which the Registrant operates;  financing risks, including the risk that cash
flows from operations may be insufficient to meet required payments of principal
and interest;  real estate risks, including variations of real estate values and
the general  economic  climate in local markets and  competition  for tenants in
such markets;  litigation,  including  costs  associated  with  prosecuting  and
defending  claims  and  any  adverse   outcomes,   and  possible   environmental
liabilities.   Readers  should  carefully  review  the  Registrant's   financial
statements and the notes thereto,  as well as the risk factors  described in the
documents  the  Registrant  files  from  time to time  with the  Securities  and
Exchange Commission.

The Partnership's  investment  properties consist of three apartment  complexes.
The following  table sets forth the average  occupancy of the properties for the
nine months ended September 30, 2005 and 2004:

                                                   Average Occupancy
      Property                                      2005       2004

      The Landings Apartments (1)                   95%        88%
        Indianapolis, Indiana
      Raven Hill Apartments                         91%        92%
        Burnsville, Minnesota
      Fairlane East Apartments (2)                  71%        86%
        Dearborn, Michigan

(1) The Managing  General  Partner  attributes  the increase in occupancy at The
    Landings Apartments to increased marketing and resident retention efforts at
    the property.

(2) The  Managing  General  Partner  attributes  the  decrease in  occupancy  at
    Fairlane East  Apartments to increased  credit  standards for tenants and to
    apartment units being unoccupied while the property is under  redevelopment.
    At September 30, 2005,  approximately  19 units were  unoccupied  due to the
    redevelopment.

The  Partnership's  financial  results depend upon a number of factors including
the  ability to attract  and  maintain  tenants  at the  investment  properties,
interest  rates on mortgage  loans,  costs  incurred  to operate the  investment
properties,  general  economic  conditions  and weather.  As part of the ongoing
business plan of the  Partnership,  the Managing  General  Partner  monitors the
rental market  environment  of each of its  investment  properties to assess the
feasibility of increasing rents,  maintaining or increasing occupancy levels and
protecting the Partnership from increases in expenses. As part of this plan, the
Managing  General Partner attempts to protect the Partnership from the burden of
inflation-related  increases in expenses by increasing  rents and  maintaining a
high overall  occupancy  level.  However,  the Managing  General Partner may use
rental  concessions  and  rental  rate  reductions  to offset  softening  market
conditions, accordingly, there is no guarantee that the Managing General Partner
will be able to  sustain  such a plan.  Further,  a number of  factors  that are
outside the control of the  Partnership  such as the local economic  climate and
weather can adversely or positively affect the Partnership's financial results.

Results of Operations

The  Partnership's  net loss for the three months ended  September  30, 2005 was
approximately  $135,000  compared to net loss of  approximately  $18,000 for the
corresponding  period in 2004.  The  Partnership's  net loss for the nine months
ended September 30, 2005 was  approximately  $416,000  compared to net income of
approximately  $3,542,000 for the corresponding  period in 2004. The increase in
net loss for the three months  ended  September  30, 2005 is primarily  due to a
decrease in total  revenues and an increase in total  expenses.  The decrease in
net income for the nine months ended  September 30, 2005 is primarily due to the
gain  recognized on the sale of Shadow Oaks Apartments in 2004 and a decrease in
total revenues and increase in total expenses from the remaining properties.

In accordance with Statement of Financial Accounting Standards ("SFAS") No. 144,
the  accompanying  statements of operations  for the three and nine months ended
September 30, 2004 reflect the operations of Shadow Oaks Apartments as loss from
discontinued operations due to its sale in January 2004.

In January 2004, the  Partnership  sold Shadow Oaks Apartments to a third party,
for net proceeds of approximately $8,199,000 after payment of closing costs. The
Partnership  used  approximately  $4,052,000  of the net  proceeds  to repay the
mortgage   encumbering  the  property.   The  Partnership  realized  a  gain  of
approximately  $3,700,000 as a result of the sale. In addition,  the Partnership
recorded a loss on early  extinguishment  of debt of approximately  $85,000 as a
result of  unamortized  loan costs  being  written off which is included in loss
from discontinued operations.  Included in loss from discontinued operations for
the nine months ended  September 30, 2004 is  approximately  $67,000 of revenues
generated by the property.

Excluding  the  gain  on  sale  and  loss  from  discontinued  operations,   the
Partnership had a loss from continuing operations of approximately  $135,000 and
$18,000 for the three months ended  September  30, 2005 and 2004,  respectively.
Excluding  the  gain  on  sale  and  loss  from  discontinued  operations,   the
Partnership had a loss from continuing operations of approximately  $416,000 for
the nine months ended  September  30, 2005  compared to income of  approximately
$8,000  for the  corresponding  period in 2004.  The  decrease  in  income  from
continuing  operations for the three and nine months ended September 30, 2005 is
due to a decrease in total revenues and an increase in total expenses.

Total  revenues for the three months ended  September 30, 2005  decreased due to
decreases in rental income and other income.  Total revenues for the nine months
ended  September 30, 2005  decreased due to decreases in rental income and other
income and due to a decrease in casualty gains.  Rental income  decreased due to
decreases in the average rental rates at The Landings and Raven Hill  Apartments
and a significant  decrease in occupancy at Fairlane East  Apartments  partially
offset by an increase in  occupancy  at The  Landings  Apartments.  Other income
decreased due to decreases in lease  cancellation  fees at all of the investment
properties.

In March 2004,  Fairlane East Apartments  incurred damages to its buildings as a
result of a fire.  During the nine months ended  September 30, 2004, net damaged
assets of  approximately  $9,000 were written off and proceeds of  approximately
$44,000 were received from the  insurance  company to repair the damaged  units.
Accordingly, a casualty gain of approximately $35,000 was recognized as a result
of the difference between the proceeds received and the write-off of the damaged
assets.

In December 2004,  Fairlane East Apartments  incurred water damages to one unit.
During the three and nine months  ended  September  30,  2005,  the  Partnership
received insurance proceeds of approximately  $31,000 to repair the damaged unit
and net undepreciated  damaged assets of approximately  $3,000 were written off.
The  Partnership  recorded a casualty gain of  approximately  $28,000 during the
three and nine months ended September 30, 2005.

Total expenses increased for the three and nine months ended September, 2005 due
to increases  in operating  and general and  administrative  expenses  partially
offset  by  decreases  in  interest,  property  tax and  depreciation  expenses.
Operating expense for both periods increased due to increases in advertising and
property expenses.  Advertising  expense increased due to increases in radio and
television  and other  advertising  at Fairlane East  Apartments and in internet
advertising and resident relations at all of the investment properties. Property
expense increased due to increases in payroll and related costs and utilities at
all of the Partnership's properties. Interest expense for both periods decreased
due to  interest  capitalized  in 2005  associated  with  the  redevelopment  at
Fairlane East Apartments partially offset by an increase in interest on advances
from an affiliate of the Managing General Partner. Property tax expense for both
periods  decreased  due  to  taxes  capitalized  in  2005  associated  with  the
redevelopment  at Fairlane East  Apartments  and a refund of prior year taxes at
Raven Hill  Apartments.  Depreciation  expense  decreased  due to some assets at
Raven Hill and Fairlane East Apartments becoming fully depreciated in 2005.

General  and  administrative  expenses  for  both  periods  increased  due to an
increase in the cost of services  included in the management  reimbursements  to
the Managing General Partner as allowed under the Partnership  Agreement and the
cost  of  audit  related  and  tax  services.   Also  included  in  general  and
administrative  expense for the three and nine months ended  September  30, 2005
and 2004 are costs associated with the quarterly and annual  communications with
investors and regulatory agencies.

Liquidity and Capital Resources

At  September  30,  2005,  the  Partnership  had cash and  cash  equivalents  of
approximately  $190,000,  compared to  approximately  $174,000 at September  30,
2004. For the nine months ended  September 30, 2005,  cash and cash  equivalents
decreased by approximately $35,000. The decrease in cash and cash equivalents is
due to approximately  $2,035,000 of cash used in investing  activities partially
offset by  approximately  $877,000 of cash provided by operating  activities and
approximately $1,123,000 of cash provided by financing activities. Net cash used
in investing  activities  consisted of property  improvements  and  replacements
partially offset by withdrawals from restricted escrows and insurance  proceeds.
Net cash provided by financing activities consisted of advances received from an
affiliate of the Managing General Partner partially offset by principal payments
on the mortgages encumbering the investment properties.  The Partnership invests
its working capital reserves in interest bearing accounts.

In  accordance  with the  Partnership  Agreement,  during the nine months  ended
September  30,  2005,  the  Managing  General  Partner  advanced   approximately
$1,824,000  to  the  Partnership  to pay  for  capital  improvements,  operating
expenses,  real estate taxes and  redevelopment  related items at the investment
properties.  Interest on advances is charged at the prime rate plus 2% (8.75% at
September 30, 2005) and interest expense was approximately  $84,000 for the nine
months ended  September  30, 2005.  During the nine months ended  September  30,
2004,  the  Managing  General  Partner  advanced  approximately  $212,000 to the
Partnership to cover operating expenses and redevelopment costs at Fairlane East
Apartments.  Interest  accrued at the prime rate plus 2% (8.75% at September 30,
2004) and was approximately $1,000 for the nine months ended September 30, 2004.
At September 30, 2005, approximately $2,638,000 of advances and accrued interest
is  included  in due to  affiliates.  Subsequent  to  September  30,  2005,  the
Partnership  received advances of approximately  $697,000 to fund  redevelopment
and operational expenses at the Partnership's properties.

The sufficiency of existing  liquid assets to meet future  liquidity and capital
expenditure   requirements   is  directly   related  to  the  level  of  capital
expenditures required at the Partnership's properties to adequately maintain the
physical  assets and other operating needs of the Partnership and to comply with
Federal, state and local legal and regulatory requirements. The Managing General
Partner  monitors  developments in the area of legal and regulatory  compliance.
For example,  the  Sarbanes-Oxley  Act of 2002  mandates or suggests  additional
compliance  measures  with  regard to  governance,  disclosure,  audit and other
areas.  In light of these changes,  the  Partnership  expects that it will incur
higher  expenses  related to compliance.  Capital  improvements  planned for the
Partnership's properties are detailed below.

The Landings Apartments

During the nine months ended  September  30,  2005,  the  Partnership  completed
approximately  $341,000  of capital  improvements  at The  Landings  Apartments,
consisting primarily of heating and air conditioning units, sewer upgrades,  and
floor covering replacements.  These improvements were funded from operating cash
flow. The Partnership  regularly  evaluates the capital improvement needs of the
property.  While  the  Partnership  has no  material  commitments  for  property
improvements  and  replacements,   certain  routine  capital   expenditures  are
anticipated  during 2005. Such capital  expenditures will depend on the physical
condition  of the  property as well as  anticipated  cash flow  generated by the
property.

Raven Hill Apartments

During the nine months ended  September  30,  2005,  the  Partnership  completed
approximately  $269,000  of  capital  improvements  at  Raven  Hill  Apartments,
consisting  primarily of major  landscaping,  casualty  repairs,  furniture  and
fixtures, and appliance and floor covering replacements. These improvements were
funded from  replacement  reserves  and  operating  cash flow.  The  Partnership
regularly  evaluates the capital  improvement  needs of the property.  While the
Partnership  has  no  material   commitments  for  property   improvements   and
replacements,  certain routine capital expenditures are anticipated during 2005.
Such capital  expenditures will depend on the physical condition of the property
as well as  replacement  reserves  and  anticipated  cash flow  generated by the
property.

Fairlane East Apartments

During the nine months ended  September  30,  2005,  the  Partnership  completed
approximately  $1,810,000 of capital  improvements at Fairlane East  Apartments,
consisting  primarily  of building  improvements  related to the  redevelopment,
floor  covering and  appliance  replacements,  casualty  improvements  and motor
vehicles.  These  improvements  were funded from operating cash flow,  insurance
proceeds and advances  from an affiliate of the Managing  General  Partner.  The
property is currently undergoing a redevelopment project in order to become more
competitive with other properties in the area in an effort to increase occupancy
at the property.  Based on current  redevelopment  plans,  the Managing  General
Partner  anticipates the  redevelopment  to be completed in the first quarter of
2006  at  a  total   estimated  cost  of   approximately   $4,399,000  of  which
approximately  $1,658,000  was completed as of September  30, 2005.  Included in
these  construction  costs  are  capitalized  interest  costs  of  approximately
$126,000,  capitalized tax and insurance  expenses of approximately  $31,000 and
other construction period operating costs of approximately  $18,000 for the nine
months ended  September 30, 2005.  The project is being funded by operations and
advances from an affiliate of the Managing General  Partner.  In addition to the
redevelopment  project,  certain  routine capital  expenditures  are anticipated
during 2005. Such capital  expenditures will depend on the physical condition of
the property as well as replacement reserves and anticipated cash flow generated
by the property.

Capital  expenditures will be incurred only if cash is available from operations
or from  Partnership  reserves.  To the extent  that  capital  improvements  are
completed,  the Partnership's  distributable cash flow, if any, may be adversely
affected at least in the short term.

The  Partnership's  assets are thought to be sufficient for any near-term  needs
(exclusive  of  capital   improvements)   of  the   Partnership.   The  mortgage
indebtedness  encumbering Fairlane East Apartments of approximately  $10,616,000
is being  amortized  over 20 years and is  scheduled  to be fully  amortized  at
maturity in June 2023. The mortgage indebtedness  encumbering Raven Hill and The
Landings  Apartments of approximately  $14,407,000 matures in June 2023 at which
time the loans are scheduled to be fully  amortized.  The mortgage  notes have a
call option, which allows for the lender to declare the outstanding principal of
the  loans  due  and  payable  in  July  2008  and on  every  fifth  anniversary
thereafter.

The Partnership  distributed the following  amounts during the nine months ended
September 30, 2005 and 2004 (in thousands, except per unit data):

              Nine Months Ended                  Nine Months Ended
                September 30,     Per Assignee     September 30,    Per Assignee
                     2005             Unit             2004              Unit
Sale (1)             $ --             $ --            $4,147           $176.03
Operations              --               --              150              6.37
                     $ --             $ --            $4,297           $182.40

(1) Proceeds from the sale of Shadow Oaks Apartments in January 2004.

Future cash  distributions  will depend on the levels of net cash generated from
operations   and  the  timing  of  debt   maturities,   property   sales  and/or
refinancings. The Partnership's cash available for distribution is reviewed on a
monthly basis. In light of the significant  amounts due to the Managing  General
Partner at September 30, 2005, it is not anticipated  that the Partnership  will
make any distributions in the foreseeable future.

Other

In addition to its  indirect  ownership of the general  partner  interest in the
Partnership,  AIMCO and its affiliates  owned 13,827 limited  partnership  units
(the "Units") in the Partnership representing 58.69% of the outstanding Units at
September  30,  2005. A number of these Units were  acquired  pursuant to tender
offers  made by  AIMCO  or its  affiliates.  It is  possible  that  AIMCO or its
affiliates will acquire  additional  Units in exchange for cash or a combination
of cash and units in AIMCO Properties,  LP, the operating  partnership of AIMCO,
either through private  purchases or tender offers.  Pursuant to the Partnership
Agreement,  unitholders  holding a majority  of the Units are  entitled  to take
action  with  respect to a variety  of matters  which  would  include  voting on
certain  amendments  to the  Partnership  Agreement  and  voting to  remove  the
Managing  General  Partner.  As a  result  of its  ownership  of  58.69%  of the
outstanding  Units,  AIMCO is in a position to control all such voting decisions
with respect to the  Partnership.  Although the  Managing  General  Partner owes
fiduciary  duties to the  limited  partners  of the  Partnership,  the  Managing
General Partner also owes fiduciary duties to AIMCO as its sole stockholder.  As
a result,  the duties of the  Managing  General  Partner,  as  managing  general
partner, to the Partnership and its limited partners may come into conflict with
the duties of the Managing General Partner to AIMCO as its sole stockholder.

Critical Accounting Policies and Estimates

The consolidated financial statements are prepared in accordance with accounting
principles   generally  accepted  in  the  United  States,   which  require  the
Partnership to make estimates and assumptions.  The Partnership believes that of
its significant  accounting policies,  the following may involve a higher degree
of judgment and complexity.

Impairment of Long-Lived Assets

Investment  properties  are  recorded at cost,  less  accumulated  depreciation,
unless  considered  impaired.  If  events  or  circumstances  indicate  that the
carrying  amount of a property may be  impaired,  the  Partnership  will make an
assessment of its  recoverability  by estimating  the  undiscounted  future cash
flows,  excluding  interest  charges,  of the property.  If the carrying  amount
exceeds the aggregate  future cash flows,  the  Partnership  would  recognize an
impairment  loss to the extent the carrying amount exceeds the fair value of the
property.

Real  property  investments  are  subject  to varying  degrees of risk.  Several
factors  may  adversely  affect  the  economic  performance  and  value  of  the
Partnership's investment properties.  These factors include, but are not limited
to,  changes  in the  national,  regional  and  local  economic  climate;  local
conditions,  such as an oversupply of multifamily  properties;  competition from
other available  multifamily property owners and changes in market rental rates.
Any adverse changes in these factors could cause impairment of the Partnership's
assets.

Revenue Recognition

The Partnership generally leases apartment units for twelve-month terms or less.
The Partnership will offer rental concessions during particularly slow months or
in response  to heavy  competition  from other  similar  complexes  in the area.
Rental income attributable to leases, net of any concessions, is recognized on a
straight-line  basis over the term of the lease.  The Partnership  evaluates all
accounts  receivable  from  residents and  establishes  an allowance,  after the
application of security deposits,  for accounts greater than 30 days past due on
current tenants and all receivables due from former tenants.

ITEM 3.     CONTROLS AND PROCEDURES

(a) Disclosure Controls and Procedures.  The Partnership's management,  with the
participation of the principal executive officer and principal financial officer
of the Managing  General  Partner,  who are the equivalent of the  Partnership's
principal executive officer and principal financial officer,  respectively,  has
evaluated  the  effectiveness  of  the  Partnership's  disclosure  controls  and
procedures (as such term is defined in Rules  13a-15(e) and 15d-15(e)  under the
Securities  Exchange Act of 1934, as amended (the "Exchange Act")) as of the end
of the period covered by this report.  Based on such  evaluation,  the principal
executive  officer  and  principal  financial  officer of the  Managing  General
Partner, who are the equivalent of the Partnership's principal executive officer
and principal  financial officer,  respectively,  have concluded that, as of the
end of such period,  the  Partnership's  disclosure  controls and procedures are
effective.

(b) Internal Control Over Financial  Reporting.  There have not been any changes
in the Partnership's  internal control over financial reporting (as such term is
defined in Rules  13a-15(f)  and  15d-15(f)  under the Exchange  Act) during the
fiscal quarter to which this report relates that have  materially  affected,  or
are reasonably likely to materially affect,  the Partnership's  internal control
over financial reporting.


<PAGE>


                           PART II - OTHER INFORMATION


ITEM 1.     LEGAL PROCEEDINGS

AIMCO  Properties  L.P.  and NHP  Management  Company,  both  affiliates  of the
Managing  General  Partner,  are  defendants  in a  lawsuit  alleging  that they
willfully  violated  the Fair Labor  Standards  Act  ("FLSA")  by failing to pay
maintenance  workers  overtime for all hours worked in excess of forty per week.
The  complaint,  filed in the United States  District  Court for the District of
Columbia,  attempts  to bring a  collective  action  under the FLSA and seeks to
certify state subclasses in California,  Maryland, and the District of Columbia.
Specifically,  the  plaintiffs  contend  that  AIMCO  Properties  L.P.  and  NHP
Management Company failed to compensate  maintenance  workers for time that they
were  required  to be  "on-call".  Additionally,  the  complaint  alleges  AIMCO
Properties  L.P. and NHP  Management  Company  failed to comply with the FLSA in
compensating maintenance workers for time that they worked in excess of 40 hours
in a week. In June 2005 the Court conditionally  certified the collective action
on both the on-call and overtime issues,  which allows the plaintiffs to provide
notice of the  collective  action to all  non-exempt  maintenance  workers  from
August 7, 2000 through the present. Those employees will have the opportunity to
opt-in to the collective action,  and AIMCO Properties,  L.P. and NHP Management
Company will have the  opportunity to move to decertify the  collective  action.
Because the court denied  plaintiffs'  motion to certify  state  subclasses,  on
September  26,  2005,  the  plaintiffs  filed  a  class  action  with  the  same
allegations in the Superior Court of California (Contra Costa County).  Although
the outcome of any  litigation is  uncertain,  AIMCO  Properties,  L.P. does not
believe that the ultimate  outcome  will have a material  adverse  effect on its
consolidated  financial  condition  or results  of  operations.  Similarly,  the
Managing  General Partner does not believe that the ultimate outcome will have a
material adverse effect on the Partnership's consolidated financial condition or
results of operations.

ITEM 5.     OTHER INFORMATION

            None.

ITEM 6.     EXHIBITS

            See Exhibit Index.



<PAGE>



                                   SIGNATURES



In accordance with the  requirements of the Exchange Act, the Registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.



                              OXFORD   RESIDENTIAL    PROPERTIES   I   LIMITED
                              PARTNERSHIP


                              By:   Oxford Residential Properties I
                                    Corporation
                                    Managing General Partner


                               By:  /s/Martha L. Long
                                     Martha L. Long
                                     Senior Vice President


                               By:  /s/Stephen B. Waters
                                     Stephen B. Waters
                                     Vice President


                             Date: November 14, 2005



<PAGE>


                                  EXHIBIT INDEX

Exhibit     Description of Exhibit


3.1         Amended  and  Restated   Agreement   and   Certificate   of  Limited
            Partnership   (incorporated   by  reference  to  Exhibit  A  of  the
            Prospectus of the Partnership, dated May 24, 1985).

4.1         Amended  and  Restated   Agreement   and   Certificate   of  Limited
            Partnership  (incorporated  by  reference  from  Exhibit  A  of  the
            Prospectus of the Partnership, dated May 24, 1985).

10.9        Mortgage  dated  May 7,  2003  between  ORP One  L.L.C.  and  Golden
            American Life Insurance  Company  (incorporated  by reference to the
            Current  Report  on Form 8-K  dated May 8, 2003 and filed on May 23,
            2003).

10.10       Mortgage, Security Agreement, Financing Statement and Fixture Filing
            dated May 7, 2003 between ORP Two L.L.C.  and Golden  American  Life
            Insurance  Company  (incorporated by reference to the Current Report
            on Form 8-K dated May 8, 2003 and filed on May 23, 2003).

10.11       Mortgage, Security Agreement, Financing Statement and Fixture Filing
            dated May 7, 2003 between ORP Three L.L.C.  and Golden American Life
            Insurance  Company  (incorporated by reference to the Current Report
            on Form 8-K dated May 8, 2003 and filed on May 23, 2003).

10.12       Purchase and Sale Contract  between  Registrant and CNC Investments,
            Ltd., LLP, dated October 20, 2003  (incorporated by reference to the
            Current Report on Form 8-K dated January 30, 2004).

10.13       First Amendment to Purchase and Sale Contract between Registrant and
            CNC Investments,  Ltd., LLP, dated December 9, 2003 (incorporated by
            reference to the Current Report on Form 8-K dated January 30, 2004).

10.14       Second  Amendment to Purchase and Sale Contract  between  Registrant
            and  CNC   Investments,   Ltd.,   LLP,   dated   December  15,  2003
            (incorporated  by reference to the Current  Report on Form 8-K dated
            January 30, 2004).

10.15       Third Amendment to Purchase and Sale Contract between Registrant and
            CNC Investments, Ltd., LLP, dated December 30, 2003 (incorporated by
            reference to the Current Report on Form 8-K dated January 30, 2004).

10.16       Assignment and Assumption of Purchase and Sale Contract  between CNC
            Investments,  Ltd., LLP and Sandalwood  Limited  Partnership,  dated
            January 27, 2004 (incorporated by reference to the Current Report on
            Form 8-K dated January 30, 2004).

31.1        Certification  of equivalent of Chief Executive  Officer pursuant to
            Securities  Exchange  Act  Rules  13a-14(a)/15d-14(a),   as  Adopted
            Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

31.2        Certification  of equivalent of Chief Financial  Officer pursuant to
            Securities  Exchange  Act  Rules  13a-14(a)/15d-14(a),   as  Adopted
            Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

32.1        Certification  of the equivalent of the Chief Executive  Officer and
            Chief  Financial  Officer  Pursuant to 18 U.S.C.  Section  1350,  as
            Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.


<PAGE>



Exhibit 31.1


                                  CERTIFICATION


I, Martha L. Long, certify that:


1.    I have reviewed this quarterly report on Form 10-QSB of Oxford Residential
      Properties I Limited Partnership;

2.    Based on my knowledge,  this report does not contain any untrue  statement
      of a material fact or omit to state a material fact  necessary to make the
      statements made, in light of the circumstances under which such statements
      were made,  not  misleading  with  respect  to the period  covered by this
      report;

3.    Based on my  knowledge,  the  financial  statements,  and other  financial
      information  included  in this  report,  fairly  present  in all  material
      respects the financial condition,  results of operations and cash flows of
      the small  business  issuer as of, and for, the periods  presented in this
      report;

4.    The  small  business  issuer's  other  certifying  officer(s)  and  I  are
      responsible  for  establishing  and  maintaining  disclosure  controls and
      procedures (as defined in Exchange Act Rules  13a-15(e) and 15d-15(e)) for
      the small business issuer and have:

      (a)   Designed such  disclosure  controls and  procedures,  or caused such
            disclosure   controls  and  procedures  to  be  designed  under  our
            supervision,  to ensure that  material  information  relating to the
            small business issuer, including its consolidated  subsidiaries,  is
            made  known to us by  others  within  those  entities,  particularly
            during the period in which this report is being prepared;

      (b)   Evaluated  the   effectiveness   of  the  small  business   issuer's
            disclosure  controls and procedures and presented in this report our
            conclusions about the  effectiveness of the disclosure  controls and
            procedures, as of the end of the period covered by this report based
            on such evaluation; and

      (c)   Disclosed in this report any change in the small  business  issuer's
            internal  control over financial  reporting that occurred during the
            small  business  issuer's  most  recent  fiscal  quarter  (the small
            business  issuer's  fourth  fiscal  quarter in the case of an annual
            report) that has  materially  affected,  or is reasonably  likely to
            materially affect, the small business issuer's internal control over
            financial reporting; and

5.    The  small  business  issuer's  other  certifying  officer(s)  and I  have
      disclosed,  based on our most recent  evaluation of internal  control over
      financial reporting, to the small business issuer's auditors and the audit
      committee of the small  business  issuer's  board of directors (or persons
      performing the equivalent functions):

      (a)   All significant  deficiencies and material  weaknesses in the design
            or operation of internal control over financial  reporting which are
            reasonably  likely to adversely  affect the small business  issuer's
            ability  to  record,   process,   summarize  and  report   financial
            information; and

      (b)   Any fraud,  whether or not  material,  that  involves  management or
            other  employees who have a significant  role in the small  business
            issuer's internal control over financial reporting.


Date:  November 14, 2005

                                    /s/Martha L. Long
                                    Martha L. Long
                                    Senior   Vice    President    of
                                    Oxford  Residential   Properties
                                    I  Corporation,   equivalent  of
                                    the chief  executive  officer of
                                    the Partnership


<PAGE>



Exhibit 31.2


                                  CERTIFICATION


I, Stephen B. Waters, certify that:


1.    I have reviewed this quarterly report on Form 10-QSB of Oxford Residential
      Properties I Limited Partnership;

2.    Based on my knowledge,  this report does not contain any untrue  statement
      of a material fact or omit to state a material fact  necessary to make the
      statements made, in light of the circumstances under which such statements
      were made,  not  misleading  with  respect  to the period  covered by this
      report;

3.    Based on my  knowledge,  the  financial  statements,  and other  financial
      information  included  in this  report,  fairly  present  in all  material
      respects the financial condition,  results of operations and cash flows of
      the small  business  issuer as of, and for, the periods  presented in this
      report;

4.    The  small  business  issuer's  other  certifying  officer(s)  and  I  are
      responsible  for  establishing  and  maintaining  disclosure  controls and
      procedures (as defined in Exchange Act Rules  13a-15(e) and 15d-15(e)) for
      the small business issuer and have:

      (a)   Designed such  disclosure  controls and  procedures,  or caused such
            disclosure   controls  and  procedures  to  be  designed  under  our
            supervision,  to ensure that  material  information  relating to the
            small business issuer, including its consolidated  subsidiaries,  is
            made  known to us by  others  within  those  entities,  particularly
            during the period in which this report is being prepared;

      (b)   Evaluated  the   effectiveness   of  the  small  business   issuer's
            disclosure  controls and procedures and presented in this report our
            conclusions about the  effectiveness of the disclosure  controls and
            procedures, as of the end of the period covered by this report based
            on such evaluation; and

      (c)   Disclosed in this report any change in the small  business  issuer's
            internal  control over financial  reporting that occurred during the
            small  business  issuer's  most  recent  fiscal  quarter  (the small
            business  issuer's  fourth  fiscal  quarter in the case of an annual
            report) that has  materially  affected,  or is reasonably  likely to
            materially affect, the small business issuer's internal control over
            financial reporting; and

5.    The  small  business  issuer's  other  certifying  officer(s)  and I  have
      disclosed,  based on our most recent  evaluation of internal  control over
      financial reporting, to the small business issuer's auditors and the audit
      committee of the small  business  issuer's  board of directors (or persons
      performing the equivalent functions):

      (a)   All significant  deficiencies and material  weaknesses in the design
            or operation of internal control over financial  reporting which are
            reasonably  likely to adversely  affect the small business  issuer's
            ability  to  record,   process,   summarize  and  report   financial
            information; and

      (b)   Any fraud,  whether or not  material,  that  involves  management or
            other  employees who have a significant  role in the small  business
            issuer's internal control over financial reporting.


Date:  November 14, 2005

                                    /s/Stephen B. Waters
                                    Stephen B. Waters
                                    Vice    President    of    Oxford
                                    Residential      Properties     I
                                    Corporation,  equivalent  of  the
                                    chief  financial  officer  of the
                                    Partnership


<PAGE>



Exhibit 32.1


                          Certification of CEO and CFO
                       Pursuant to 18 U.S.C. Section 1350,
                             As Adopted Pursuant to
                Section 906 of the Sarbanes-Oxley Act of 2002



In  connection  with the Quarterly  Report on Form 10-QSB of Oxford  Residential
Properties I Limited Partnership (the  "Partnership"),  for the quarterly period
ended September 30, 2005 as filed with the Securities and Exchange Commission on
the date hereof (the  "Report"),  Martha L. Long, as the equivalent of the Chief
Executive  Officer of the Partnership,  and Stephen B. Waters, as the equivalent
of the Chief  Financial  Officer  of the  Partnership,  each  hereby  certifies,
pursuant to 18 U.S.C.  Section 1350,  as adopted  pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002, that, to the best of his knowledge:

      (1)   The Report fully complies with the  requirements of Section 13(a) or
            15(d) of the Securities Exchange Act of 1934; and

      (2)   The  information  contained in the Report  fairly  presents,  in all
            material respects, the financial condition and results of operations
            of the Partnership.


                                           /s/Martha L. Long
                                    Name:  Martha L. Long
                                    Date:  November 14, 2005


                                           /s/Stephen B. Waters
                                    Name:  Stephen B. Waters
                                    Date:  November 14, 2005


This  certification is furnished with this Report pursuant to Section 906 of the
Sarbanes-Oxley  Act of 2002 and shall not be deemed filed by the Partnership for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended.