<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 1,246,909 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 41,552,631 <DEPRECIATION> (21,557,013) <TOTAL-ASSETS> 25,790,263 <CURRENT-LIABILITIES> 0 <BONDS> 23,681,727 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 25,790,263 <SALES> 4,279,436 <TOTAL-REVENUES> 4,521,018 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,221,633 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,084,949 <INCOME-PRETAX> 214,436 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 214,436 <EPS-PRIMARY> 0 <EPS-DILUTED> 0