<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Consolidated Capital Properties III 1999 Second Quarter 10-QSB and is qualified in its entirety by reference to such 10-QSB filing. </LEGEND> <CIK> 0000317331 <NAME> CONSOLIDATED CAPITAL PROPERTIES III <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <CASH> 1,239 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0<F1> <PP&E> 10,384 <DEPRECIATION> 7,153 <TOTAL-ASSETS> 6,376 <CURRENT-LIABILITIES> 0<F1> <BONDS> 4,200 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,805 <TOTAL-LIABILITY-AND-EQUITY> 6,376 <SALES> 0 <TOTAL-REVENUES> 1,531 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,361 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 169 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 170 <DISCONTINUED> 221 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 391 <EPS-BASIC> 2.36<F2> <EPS-DILUTED> 0 <FN> <F1>Registrant has an unclassified balance sheet. <F2>Multiplier is 1. </FN>