<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Company's Balance Sheet as of March 31, 1999 and the Statement Of Income for the year ended March 31, 1999, and is qualified in its entirety by reference to such financial statements. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 87,879 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 87,879 <PP&E> 25,774,135 <DEPRECIATION> 18,534,135 <TOTAL-ASSETS> 7,466,198<F1> <CURRENT-LIABILITIES> 0 <BONDS> 0 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (4,554,616) <TOTAL-LIABILITY-AND-EQUITY> 7,466,198 <SALES> 535,410<F2> <TOTAL-REVENUES> 535,410 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 279,999<F3> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 255,411 <INCOME-TAX> 0 <INCOME-CONTINUING> 255,411 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 255,411 <EPS-PRIMARY> 364.87<F4> <EPS-DILUTED> 364.87<F4> <FN> <F1>Includes unamortized mortgage refinance costs <F2>Rental income <F3>Mortgage interest, supervisory fees, and amortization of mortgage refinance costs <F4>Earnings per $10,000 participation unit, based on 700 participation units outstanding during the period